What Is Layering In Money Laundering?
🗒️ Key Highlights Layering involves moving illegally acquired money through various accounts and geographies to make it difficult to trace […]
What is the Bank Secrecy Act? Policies, Changes & Business Impact Explained (2024)
🗒️ Key Highlights Wells Fargo paid $7 million in penalties for late filing of just 34 suspicious activity reports (2017-2021).
What is biometric verification? Step-by-step process for businesses: Methods, examples, pros and cons
🗒️ Key Highlights An NFC chip’s encrypted communication happens in microseconds, yet it’s complex enough that breaking its security would
KYC for Crypto Firms: Your Complete Compliance Guide for 2024
🗒️ Key Highlights Non-compliant crypto firms face fines of up to $25,000 per day, per FinCen. U.S. FinCEN fined Bittrex
Integrating Alabama Secretary of State Business Search with Signzy
According to a report by the US Small Business Administration, there are around 34.7 million businesses in the country, as
EIN Verification: Why Your Business Needs it, How to Do It, and the Tools to Verify EIN
Employer Identification Number, or EIN, is a tax identification number the Internal Revenue Service (IRS) assigns to businesses. It’s like
What is Liveness Check?
Digitization has brought ease of business and operations for both businesses and customers. However, the reduced physicality due to this
Signzy Partners with Asapp Financial Technology to Revolutionize Digital Onboarding In Canada’s Banking Industry
Signzy, a market leader in digital banking compliance solutions, is thrilled to announce a strategic partnership with ASAPP Financial Technology,
What are PEPs and Sanction Checks?
In today’s developing business environment, thorough Politically Exposed Persons (PEPs) screening and sanctions screening not only serve compliance purposes but
What is Customer Due Diligence? CDD Types, Requirements, Applicability, and More
The Latin phrase “Caveat Venditor” meaning “Let the seller beware”, finds a whole new meaning with Customer Due Diligence (CDD).