March 2023 KYC Customer Due Diligence Customer due diligence (CDD) is a process of gathering and verifying information about customers to assess their potential risks and ensure compliance with regulations. This process involves collecting data to confirm the customer’s identity to prevent various types of illegal activities, including -but not limited to- identity theft and
January 2023 2022 in Fully-Verified It’s been an eventful year here at Fully-Verified. We’ve made significant strides in improving the accuracy and efficiency of our verification processes, and we’ve also expanded our services to meet the growing demand for secure online identity verification. What is more, we grew together and welcomed new people on board!
UPDATEJanuary 2023 Identity verification for CFD and Forex Brokers Forex brokers must verify and protect against fraud not only for the benefit of customers but also to to comply with regulatory requirements. Furthermore, they need to make sure they can verify their customers’ identities under the Know Your Customer (KYC) regulations. Financial regulations like KYC
The challenge for marketplaces operators is to create a credible community by dealing with the uncertainty. Where does it come from? Buyers cannot be 100% sure that the seller will deliver the product. Sellers cannot be confident that the buyer is using their real identity. Trust is everything here. Identity verification service can support you
UPDATE January 2023 How proper KYC process can boost conversion rates? Protecting your company from fraud is essential, but if you’re afraid that Know Your Customer (KYC) regulations will negatively impact your conversion rates or suffocate your business, you don’t have to worry anymore. Establishing your KYC processes correctly can positively impact your business. It
This article will explain what are deepfakes, how deepfakes may damage business and how to prevent such fraudulent activities. If you work in a company that has to verify users identity, and you want to avoid revenue losses you may find here some interesting information. How are deepfakes made? Deepfakes are recordings prepared with the
Commercial real estate, because of its nature, is inevitably bound not only with frequent high-value transactions, tons of paperwork including contracts, leases and escrow documents, but also with managing and verifying hundreds of individuals and organizations which are a part of the business; each agent has to be included in a secure identity system to
UPDATEJanuary 2023 Why Anti-Money Laundering Is Important for businesses Forex brokers must verify and protect against fraud not only for the benefit of customers but also to to comply with regulatory requirements. Furthermore, they need to make sure they can verify their customers’ identities under the Know Your Customer (KYC) regulations. Financial regulations like KYC
Safeguard your crowdfunding activities with high-end KYC solutions When it comes to crowdfunding, the most significant value is trust. In this business, potentially anyone can be an investor or a donor, so you just have to know the background of who is sending the money and where their money is coming from. Conducting Identity verification for
Casino and betting operators are constantly under increasing pressure to prevent fraud, money laundering, and underage gambling while maintaining a positive user experience that doesn’t discourage players or cause them to migrate to competitors. It may seem challenging to achieve these objectives simultaneously with so many challenges to overcome. The KYC process can make it
Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.