The U.S. is one of the largest and most influential crypto markets. In 2021, it saw the highest cryptocurrency gains, with investors gaining $47B in value. It has the second most number of crypto investors, after India. And it saw 44% of crypto owners adopting it for the first time…

An address is a vital identification attribute to verify a person’s identity. Proof of Address is often requested when opening a bank account or other government account to confirm residence, help Know Your Customer (KYC) compliance and prevent fraudulent activities. Proof of Address also ensures services are only available to…

The UK and EU are often leaders when it comes to regulatory oversight. For example, the EU’s 6AMLD and GDPR are global leading initiatives, and the UK’s Financial Conduct Authority (FCA) coined the term RegTech. …

If you’re doing business with other businesses, it’s vital to know that they are legitimate. Performing Business Verification, or Know Your Business (KYB) checks, helps protect your business from fraud, ensures regulatory compliance and mitigates potential risks. Business Verification processes are similar to performing Know Your Customer (KYC) checks but…

One of the most potent identity verification data points is an address. After all, real people generally have a real-world place of residence that receives mail and services. …

Regulated organizations must search and screen global watchlists for named corrupt, criminal, and sanctioned people and entities. Having robust and effective processes to uncover accounts that are trying to launder money, evade sanctions and obfuscate money trails is critical to ensure compliance and protect your organization’s integrity. As part of…

Can an effective identity verification process become a competitive advantage for crypto exchanges while safeguarding their customers? Interview of Garient Evans from Trulioo by The Paypers. Garient, how would you portray the current crypto industry? As crypto becomes more mainstream, users represent a wider range of views. The traditional crypto…

A risk-based approach is about understanding the risks your organization faces and creating controls for these risks based on prioritizing the damage they can do. Often used by compliance teams, the approach focuses efforts based on the level of risk. Regulators are increasingly turning toward a risk-based approach, as opposed…

The Asia-Pacific (APAC) region has among the highest adoption and growth rates for cryptocurrencies. Lawmakers and regulators in the area are creating new rules and guidance to help propel economic growth while protecting consumers and their financial systems. The region already has many of the elements in place for mainstream…