Gabija Stankevičiūtė

Find out how Neobridge overcame the challenges linked to traditional banking structure’s compliance requirements and minimized costs by switching to a fully automated KYC/AML workflow.

Watchlist screening is a vital process and a part of the AML compliance program, which mandates financial institutions and other regulated entities to check if their customers and business partners appear in certain databases, including global watchlists, including crime and sanctions lists. Read more.

Rapid technological advancements, inconsistent regulatory frameworks in different jurisdictions, or complexity in the modern financial scope all play crucial roles in one thing — yes, we’re talking about facilitating money laundering. In this context, AML screening, or checking whether potential customers pose risks of money laundering, is vital. Read more.

Discover how GOAT Finance improved its AML program with iDenfy’s identity verification both for individuals and corporate entities, as well as increased efficiency in their screening and monitoring processes, including building custom rules for government registry checks or adverse media.

Online gaming companies are part of the regulated iGaming industry, where there are many strict Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. Sports betting, online casino, video game or poker betting platforms must verify the user’s identity, their source of funds and location. Learn more.

Adult-oriented platforms take up a huge part of the demand for Know Your Customer (KYC) solutions in the entertainment sector. To businesses selling age-restricted items and services, age verification is an effective tool to safeguard minors from accessing NSFW content. Learn more about services that need adult consent and, more specifically, the age verification process.

The popularity of marketplaces is skyrocketing, but with more companies switching to the digital realm, both buyers and sellers encounter new risks related to different types of fraud and scams. So learning about the risks behind anonymity and determining which sellers are legitimate is crucial. Here, we talk more about how to stay safe from marketplace fraud from the buyer’s and the seller’s side.

Businesses should always be vigilant, whether it involves screening for sanctions, detecting suspicious account activity, evaluating merchant risk, or monitoring transactions. Thankfully, many of these processes can now be automated, helping payment processors stay compliant with the ever-changing AML requirements.

Are you a business that provides age-restricted services or products? Or perhaps you are someone who wants to understand how an age verification system works. Either way, in this blog post, we’ll provide a clear explanation of how you can verify the age of customers online, comply with regulations, and ensure security in a simple manner.

Before forming a new business relationship, financial institutions must evaluate what level of due diligence suits the new customer. Whether it’s an account opening process on a financial platform or a potential customer looking to purchase real estate, companies must determine how much risk an individual presents: low, medium, or high risk of money laundering or terrorist financing.

Structuring can be a dangerous offense that signals crime. While structuring itself doesn’t always include illegally sourced money, it becomes a serious risk when done with the intention to disguise illicit funds. Join us to explore the key points of structuring in money laundering, its connection to smurfing, and the role of technology in combating fraud.

The size of the KYC compliance software market recently reached USD 9.50 billion. And there’s no surprise here. The rise in identity theft cases is a key driver behind the increasing demand for identity verification solutions. So the real question is – which one’s the right one? We prepared a full checklist to help your business choose the right KYC compliance software.