Author name: Agrima Dwivedi

🗒️  Key Highlights Inadequate KYC processes can erode customer trust, leading to lost business and partnerships. Without proper KYC procedures, […]

🗒️  Key Highlights More than 1.1 million identity theft reports were filed in 2022 through the FTC’s IdentityTheft.gov. Consumers lost

🗒️  Key Highlights Layering involves moving illegally acquired money through various accounts and geographies to make it difficult to trace

🗒️  Key Highlights An NFC chip’s encrypted communication happens in microseconds, yet it’s complex enough that breaking its security would

🗒️  Key Highlights Non-compliant crypto firms face fines of up to $25,000 per day, per FinCen. U.S. FinCEN fined Bittrex

According to a report by the US Small Business Administration, there are around 34.7 million businesses in the country, as

Employer Identification Number, or EIN, is a tax identification number the Internal Revenue Service (IRS) assigns to businesses. It’s like

Digitization has brought ease of business and operations for both businesses and customers. However, the reduced physicality due to this