Author name: Shivam Agarwal

🗒️  Key Highlights If a company’s lack of proper KYC leads to fraud or financial loss, customers can file lawsuits […]

🗒️  Key Highlights The core law is the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), but multiple

🗒️  Key Highlights As per Visa’s Chief Risk Officer, merchants face losses between $660 million and $1 billion each month

🗒️  Key Highlights Phishing attacks have skyrocketed by 1,265% following the rise of AI tools such as ChatGPT. On a

🗒️  Key Highlights A significant majority (80%) of organizations across France, Germany, the UK, and the US have implemented data

🗒️  Key Highlights Passwordless authentication offers a solution to the growing problem of “secrets fatigue” by eliminating the need for

🗒️  Key Highlights The 2020 financial year saw institutions pay €12.09 billion in penalties for AML compliance failures. Nearly half

🗒️  Key Highlights Global business verification systems show an 80% successful compliance onboarding rate, with the remaining 20% representing significant

🗒️  Key Highlights Businesses that experience high levels of payment fraud may face increased scrutiny from banks and payment processors,

🗒️  Key Highlights Despite its name, an Employer Identification Number isn’t just for employers – even zero-employee businesses need one.