In 1989, retail magnate Leslie Wexner purchased one of the largest town houses in New York City. It was a puzzling investment, as he never moved in. “Les never spent more than two months there,” one ...

One of the most common comments we hear from senior leaders of Client Onboarding, CLM or KYC functions in Financial Institutions, is that their Front-Office is frustrated with these processes. Often, ...

Capital markets regulator Securities and Exchange Board of India (SEBI) has simplified the KYC process and rationalised the risk management framework at KYC registration agencies (KRAs) to ease the ...

Intermediaries must update client KYC records based on information received from KRAs, instead of repeating checks each time ...

In an era defined by rapid digital transformation and intensifying regulatory scrutiny, corporate client onboarding in financial services has emerged as a critical operational challenge. Traditional ...

ChainUp Group, a Singapore-based blockchain technology solutions provider, announces its partnership with London-based Sumsub to offer its clients KYC services that comply with AML regulations.

This is a revision to the earlier circular issued by the regulator on April 6, 2022, which said that clients can only open an account after the KRA has validated their documents. The market regulator ...

Crypto exchanges and other crypto service providers have introduced security measures to steer clear of hacking attacks and have improved user experience to attract non-tech-savvy users. However, ...