There’s no way for blockchain-based businesses, financial service providers or banks to bypass Know Your Customer (KYC) processes. But existing KYC solutions that have been developed over the years, ...

KYC and AML complicance can be considered as the most costly policies to implement and maintain. Furthermore, it is one of the factors holding back the financial innovation as early-stage startups ...

Identity verification—also known as know your customer (KYC)—has become a vital part of both government and business operations. Whether applying for a visa, opening a bank account or onboarding new ...

Forbes contributors publish independent expert analyses and insights. Know-your-customer and know-your-business compliance measures are potentially massive use cases for blockchain technology hitting ...

This article was co-authored with Stacy Dubovik, ScienceSoft's Financial Technology and Blockchain Researcher, and Alex Bekker, ScienceSoft's Head of Data Analytics Department. While bringing ...

Global banking giant HSBC has announced that it has been successfully onboarded to the regional Know-Your-Customer (KYC)-focused private blockchain backed by Dubai’s government. HSBC is the first ...