Introduction to Customer Onboarding Customer onboarding is the critical process of welcoming new clients while ensuring their identities are thoroughly verified and compliant with regulatory standards. In today’s regulatory environment, the onboarding process must...
Key Takeaways Money laundering is the process of hiding the criminal origin of funds so they can be used in the legitimate economy without detection. From drug trafficking operations in Mexico during the 2000s to cyber fraud losses exceeding US$37 billion in East and...
Key Takeaways NFC passports are electronic passports containing an rfid chip that stores biographical and biometric information, readable by any nfc enabled device like a modern smartphone If your phone supports Apple Pay, Google Pay, or Tap to Pay, it almost...
Key Takeaways Crypto KYC drop-off typically ranges from 50–80% of started verifications, driven by lengthy multi-step flows, poor mobile UX, and deep-rooted trust concerns about sharing identity data with centralized platforms. Implementing crypto-specific, risk-based...
Key Takeaways Fake IDs in 2025 range from simple borrowed licenses to sophisticated scannable counterfeits, requiring staff to combine visual checks, tactile inspection, and scanning to spot them quickly and confidently. Most fake IDs fall into three...
