28 Apr
Due to increasing regulatory reform and widespread money laundering and illicit activities, more businesses and compliance teams are becoming aware of the dangers that exist in not having strong KYC...
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Compliance
04 Apr
While the digitization of the process of transferring and receiving money has evolved, it has certainly brought some setbacks with it, one of the biggest being the possibility of financial...
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02 Apr
“Financial institutions have been hit with $10.4 billion in global fines and penalties related to anti-money laundering (AML), know your customer (KYC), data privacy, and MiFID (Markets in Financial Instruments...
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29 Mar
Know Your Customer (KYC), which can also be called Know Your Client, is mandatory for banks, money service providers, and cryptocurrency exchanges. KYC allows for a crypto exchange or money...
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22 Apr
In the United Kingdom, the UK Gambling Commission (UKGC) recently announced a new set of customer identity verification rules. These rules are set to take effect on May 7, 2019,...
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04 Mar
Still confused about Real ID? You are not alone. The Real ID Act is a federal security regulation that changes identification requirements for United States citizens. It was passed after...
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11 Feb
The online gaming industry is facing turmoil this past week. Regulations have changed, which greatly affect the industry. For all players in the online gaming industry, maintaining fraud and risk compliance is...
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04 Feb
Fortnite is an insanely popular video game developed by Epic Games with over 200 million global users. It was released in 2017 and has taken the world by storm, surpassing...
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21 Jan
California is not the only state concerned with data privacy. In May 2018, before the General Data Protection Regulation (GDPR) came into effect in the European Union, Vermont passed a...
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10 Dec
In 2015, the European Union (EU) passed Payment Service Directive 2 (PSD2), revising existing regulations aimed at regulating payment services and payment service providers within the EU and European Economic...
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