Podcasts about know your customer kyc

ORLANDO – Enterprise Connect 2025 – As mobile numbers increasingly become the universal gateway for digital interaction, ensuring trust, accuracy, and identity integrity has never been more vital. In a Technology Reseller News podcast recorded live at Enterprise Connect, Lloyd Tjom, Director of Sales for North America at iconectiv, sat down with Doug Green to discuss how the company is helping carriers and enterprises battle fraud and deliver secure, trusted communications. “iconectiv is a technology company that provides information as a service to the global communications industry,” Tjom explained. “We help providers properly route traffic—voice, messaging, data—while addressing key challenges like Know Your Customer (KYC), Know Your Business (KYB), and fraud prevention.” As over 3 billion people now rely on their mobile phone numbers as their primary digital identity, mobile becomes both the portal to opportunity—and a prime target for fraud. “There are billions of phone numbers worldwide, and with that comes billions of opportunities for criminals,” said Tjom. “From spoofed banks and pharmacies to deepfaked executives, bad actors are using AI and voice cloning to launch increasingly sophisticated scams.” A chilling example cited by Tjom: in January 2024, an employee at a Hong Kong-based firm was tricked into transferring $25 million after participating in a video call with AI-generated replicas of her company's executives—including the CFO. Enter Rich Business Messaging (RBM), iconectiv's answer to restoring trust. Built on the Rich Communication Services (RCS) standard, RBM enables frictionless, secure interactions between businesses and consumers directly through a phone's native messaging app. Unlike SMS, RBM is equipped with built-in verification, brand logos, and drift detection—which helps ensure the message is coming from the legitimate sender and not a fraudster. “RBM combines a rigorous vetting process with network-level authentication. That means consumers can trust that a message is truly from their bank, airline, or pharmacy—not a criminal,” said Tjom. “When trust is broken, it damages brand equity. Studies show 71% of customers stop buying from companies that break their trust.” For consumers, the result is greater peace of mind. For businesses, RBM reduces cart abandonment, enhances customer experience (CX), and strengthens loyalty. According to Tjom, 87% of customers actively avoid brands they don't trust—making RBM not just a security measure, but a competitive advantage. From fighting AI-enhanced fraud to improving compliance and CX, iconectiv is helping reshape the mobile identity landscape for enterprises and carriers alike. To learn more, visit iconectiv.com and follow iconectiv on social media. #EnterpriseConnect2025 #iconectiv #DigitalIdentity #KYC #KYB #RBM #RCS #AI #FraudPrevention #CustomerTrust #CX #TelecomFraud

Want to turn ₹8,000/month into ₹5 CRORES? Sounds crazy, right? But it's not! In this episode of Wealth Creation Simplified, an investor education and awareness initiative by Bajaj Finserv Mutual Fund, we break down the REAL power of compounding and how even small, disciplined investments can lead to massive wealth. Who better to explain than Kushal Lodha—CA, entrepreneur, and finance content creator—who’s helped thousands of Gen Z investors understand money the right way! Who better to explain than Kushal Lodha—CA, entrepreneur, and finance content creator—who’s helped thousands of Gen Z investors understand money the right way!

While the world becomes increasingly digital – with the need for online activity at a premium – more than 42 million Americans still lack access to affordable, reliable and high-performing broadband services. In cities and suburbs, network infrastructure can serve thousands, whereas rural areas only cover a few dozen homes and businesses, pressuring revenue generation and affecting overall return on investment. Established by the Federal Government, the Broadband Equity Access and Deployment (BEAD) Program, is designed to address this challenge. However, with federal funding currently under scrutiny, the program may face changes. In this podcast, iconectiv Director of Product Management Sharon Dileo, discusses the importance of broadband equity and iconectiv's role in helping facilitate this program, regardless of potential changes. “Programs like this provide those in rural areas with more opportunities to participate in the digital economy and society,” Dileo said. “As a trusted, neutral partner to the telecommunications industry for decades, iconectiv is poised to solve key telecom infrastructure challenges the BEAD program faces to help ensure it's success.” About iconectiv iconectiv provides services to secure digital identity, numerous data exchanges, registries, and other information as a service offerings. These address numbering intelligence, Know Your Customer (KYC), Know Your Business (KYB), fraud prevention, as well as network and operations management for the global communications industry. It provides numbering services in more than a dozen countries, including serving as the Local Number Portability Administrator (LNPA) for the United States. As a trusted partner of the communications ecosystem, iconectiv is dedicated to keeping people connected, businesses running and commerce flowing. This includes making sure incoming and outgoing phone calls and messages are verified and identified, and that communications service providers can trust the information in their systems and networks. www.iconectiv.com

"Women are natural investors. They think long-term, focus on security, and avoid reckless risks. But then why do so many women still rely on others to manage their money?” - Aprajita Sharma In this Women’s Day Special episode of Wealth Creation Simplified, an education and investor awareness by Bajaj Finserv Mutual Fund. We break down why women approach investing differently and how cultural norms may impact financial independence. Journalist and personal finance expert Aprajita Sharma shares her personal journey and why women need to take charge of their wealth. Key Insights From This Episode:✅ Why women are naturally better at investing (but don’t realize it!)✅ The biggest financial mistakes women make & how to fix them✅ How to invest even if you take career breaks✅ The ONE mindset shift that changes everything about money✅ Why you shouldn’t depend on your husband or family for financial decisions Don’t miss out! Catch all episodes of Wealth Creation Simplified on the Paisa Vaisa YouTube channel and your favourite podcast platforms.

"Compliance has a cost. Compliance is difficult. But unfortunately, compliance is not optional," says Chrystel Erotokritou of Access Partnership. As global regulators tighten rules around telecommunications and cloud services, companies must adapt quickly to remain compliant while maintaining efficiency. At Cloud Connections 2025, Erotokritou will lead a roundtable discussion on navigating regulatory landscapes in cloud technology, offering providers critical insights into compliance, fraud prevention, and risk mitigation. Regulatory Crackdowns on Telecom Providers Governments worldwide are introducing stricter compliance measures to curb fraud and illegal activities. Know Your Customer (KYC) regulations, numbering resource restrictions, and privacy laws such as the GDPR are reshaping how telecom providers operate. In the U.S., the FCC recently fined a provider $1 million for transmitting a deepfake robocall mimicking President Joe Biden, highlighting the growing consequences of non-compliance. KYC & Numbering Resource Challenges Erotokritou emphasizes that KYC requirements are expanding, forcing providers to implement rigorous identity verification before offering services. These measures increase operational costs, create onboarding delays, and require new fraud prevention strategies. Meanwhile, numbering resources—essential for service delivery—are becoming harder to obtain, as regulators limit the suballocation of numbers and tighten usage restrictions. Mitigating Risk While Staying Competitive To navigate evolving compliance landscapes, providers must develop strategic regulatory frameworks that ensure adherence while preserving business efficiency and profitability. At Access Partnership, Erotokritou and her team help companies obtain telecom licenses, secure numbering resources, and implement best practices to remain compliant without sacrificing growth. Join the Discussion at Cloud Connections 2025 Erotokritou's interactive roundtable will provide a practical roadmap for telecom providers facing these regulatory challenges. The session will offer real-world strategies for mitigating risk, optimizing compliance, and maintaining competitive advantages in an increasingly complex regulatory environment. Event: Cloud Connections 2025 Location: St. Petersburg, FL More Info: cloudcommunications.com/connections Learn More About Access Partnership: accesspartnership.com

"The Crowd is Right on Trends but WRONG at the End!" - Nimesh Chandan Why do investors keep making the same emotional mistakes in the stock market? Why do we chase stocks at their peak and panic sell at the bottom? In this special episode of Wealth Creation Simplified, host Anupam Gupta sits down with Nimesh Chandan, CIO of Bajaj Finserv Mutual Fund, to uncover the psychological traps that make even smart investors fail. With 25+ years of market experience, Nimesh reveals how behavioral finance shapes our decisions and how understanding crowd mentality can help you become a smarter, more disciplined investor.

In the inaugural episode of Season 2 of Six African Trade Talks, the host interviews Justice, the Director of Financial Services for AFCFTA, discussing his passion for SME development and leadership.   Justice shares his background in banking, emphasizes the importance of financial documentation for SMEs, and explains the Know Your Customer (KYC) process and its benefits.   The conversation also touches upon the fundable processes to close the funding gap in Africa, the role of community platforms, and the valuable lessons learned from playing golf.    Episode highlights:   00:21 Meet Justice: Director of Financial Services 00:39 Justice's Background and Passion for SMEs 02:00 Challenges Faced by SMEs 03:39 The Importance of KYC 05:18 The Fundable Process 07:22 Role of Community Platforms 08:14 Lessons from Golf 10:04 Book and Podcast Recommendations 11:30 Conclusion and Call to Action  

Pablo Castillo is CEO and CTO of Chain4Travel. Chain4Travel is the lab building the Camino Network, a Layer 1 blockchain designed for the needs of the travel industry. It provides travel-related businesses with web3 technology. The ecosystem has unified data standards for seamless communication, decentralized payments/settlements infrastructure, KYC/KYB for security. The CAM token powers it. Why you should listen Chain4Travel aims to revolutionize the travel industry by integrating blockchain technology to create a more efficient, secure, and interconnected ecosystem. At the heart of this transformation is the Camino Network, a blockchain platform tailored specifically for the travel sector. Today's travel industry is hindered by outdated systems and fragmented supply chains, with some standards and protocols exceeding 40 years in age. This antiquated infrastructure results in sluggish product development and technical enhancements, impeding innovation and efficiency. Chain4Travel envisions a decentralized and collaborative travel ecosystem. By leveraging blockchain, the Camino Network facilitates seamless connections across a distributed network, enabling rapid transactions and significantly reducing costs. This approach fosters collaboration among travel technology systems, establishing a single source of truth and paving the way for new business models, including B2C2B and C2C interactions. The Camino Network is a blockchain platform designed for the global travel industry, promoting seamless integration of travel offerings. It incorporates Know Your Business (KYB) and Know Your Customer (KYC) processes, self-custodial wallets, and supports a variety of use cases.  Complementing the Camino Network is Camino Messenger, a decentralized network that connects travel suppliers and distributors for efficient trade. By mapping existing systems to Camino Messenger, businesses can easily access new partners, such as hotels, airlines, and car rentals. This tool streamlines API management, standardizes communication, and unlocks innovative monetization opportunities. Founded by industry veterans Ralf Usbeck, Thomas Stirnimann, and Pablo Castillo, Chain4Travel leverages decades of experience in travel technology. Their vision is to build a collaborative network that enables digital innovation for the global travel industry, positioning Chain4Travel as a pioneer in this transformative journey. Supporting links Stabull Finance Chain4Travel Camino Network Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.  

In this episode of Financial Advisors Say The Darndest Things, A.B. Ridgeway delves into a historic financial scandal involving TD Bank, which has been fined a record-breaking $3 billion by U.S. authorities for money laundering violations. He explores how this case sheds light on the financial industry's vulnerabilities to criminal networks, especially drug cartels, and discusses the responsibilities financial institutions have in preventing illegal transactions. Tune in as A.B. breaks down key insights from the court case, regulatory implications, and what everyday listeners need to know to safeguard their own finances.3 Key Takeaways:Historic Fine and Admission of Guilt TD Bank faced a record-breaking $3 billion fine from U.S. regulators, marking the first time a bank has pleaded guilty to conspiracy to commit money laundering in the United States. This fine is part of a larger crackdown on financial institutions involved in illegal activities.Cartels and the Compliance Gap For nearly a decade, TD Bank allegedly enabled criminal organizations to launder money through its system by bypassing compliance protocols. This involved 92% of transactions going unmonitored, which amounted to approximately $18.3 trillion over six years.Implications for Financial Integrity The case sheds light on the responsibilities of banks to detect and report suspicious activities. With measures like Know Your Customer (KYC) and Customer Due Diligence (CDD) in place, the question arises as to why TD Bank's internal processes failed to prevent these actions.3 Notable Quotes:"By making its services convenient for criminals, TD Bank became one." — Attorney General Merrick Garland"This is the first time a bank has admitted to these charges... in most cases, banks settle and neither confirm nor deny the charges." — AB Ridgeway"Anti-money laundering is an international web of laws... aimed at uncovering money disguised as legitimate income." — AB RidgewayThese insights emphasize the importance of robust compliance measures in banking and the severe consequences when these systems fail to prevent illicit activities.

In this episode of Financial Advisors Say The Darndest Things, A.B. Ridgeway delves into a historic financial scandal involving TD Bank, which has been fined a record-breaking $3 billion by U.S. authorities for money laundering violations. He explores how this case sheds light on the financial industry's vulnerabilities to criminal networks, especially drug cartels, and discusses the responsibilities financial institutions have in preventing illegal transactions. Tune in as A.B. breaks down key insights from the court case, regulatory implications, and what everyday listeners need to know to safeguard their own finances.3 Key Takeaways:Historic Fine and Admission of Guilt TD Bank faced a record-breaking $3 billion fine from U.S. regulators, marking the first time a bank has pleaded guilty to conspiracy to commit money laundering in the United States. This fine is part of a larger crackdown on financial institutions involved in illegal activities.Cartels and the Compliance Gap For nearly a decade, TD Bank allegedly enabled criminal organizations to launder money through its system by bypassing compliance protocols. This involved 92% of transactions going unmonitored, which amounted to approximately $18.3 trillion over six years.Implications for Financial Integrity The case sheds light on the responsibilities of banks to detect and report suspicious activities. With measures like Know Your Customer (KYC) and Customer Due Diligence (CDD) in place, the question arises as to why TD Bank's internal processes failed to prevent these actions.3 Notable Quotes:"By making its services convenient for criminals, TD Bank became one." — Attorney General Merrick Garland"This is the first time a bank has admitted to these charges... in most cases, banks settle and neither confirm nor deny the charges." — AB Ridgeway"Anti-money laundering is an international web of laws... aimed at uncovering money disguised as legitimate income." — AB RidgewayThese insights emphasize the importance of robust compliance measures in banking and the severe consequences when these systems fail to prevent illicit activities.

The Fintech sector in Ireland has emerged as a major force in the global financial landscape, reshaping how financial services are delivered and consumed. Since its early days in the 2000s, driven by technological advancements in payment solutions and e-money services, Ireland has become a notable hub, boasting a Fintech adoption rate of 71%, well above the global average of 64% as of 2022. The COVID-19 pandemic further accelerated this shift, with mobile banking transactions rising by approximately 54% during that period, demonstrating a significant shift towards digital financial solutions among consumers. Prominent companies, including Stripe, Mastercard, and TransferMate, have established strong roots in the country, benefiting from a supportive regulatory framework implemented by the Central Bank of Ireland. This framework encompasses a wide array of areas, such as open banking, cryptocurrency, and crowdfunding, fostering an environment conducive to innovation and investment. By the end of 2021, Ireland was home to over 280 domestic Fintech firms and 130 international players, indicating robust growth in the sector and positioning the country as a vibrant hub for financial technology. Historical Background The journey of Fintech in Ireland can be traced back to the early 2000s when technology began to disrupt traditional financial services. Initial advancements focused on payment solutions and e-money services, laying the groundwork for subsequent growth in the sector. By the end of 2021, the payments and e-money sector experienced a 45% increase in firms and an 83% rise in transactions, highlighting a significant shift towards digital services among consumers. Key Players in the Irish Fintech Scene Ireland's Fintech ecosystem features a mix of established firms and innovative startups. Prominent companies like Stripe, Mastercard, and TransferMate have leveraged Ireland's favourable environment to grow their operations. Besides these giants, numerous startups like CurrencyFair, Payslip, and ID-Pal are making strides in specialised areas, such as foreign currency exchange, payroll management, and Know Your Customer (KYC) solutions. Regulatory bodies like the Central Bank of Ireland play a crucial role in supporting these developments, offering frameworks that cover payments, open banking, cryptocurrency, and crowdfunding. The Innovation Hub, set up by the Central Bank, has provided engagement opportunities for over 300 Fintech companies since its establishment. Regulatory Framework and Government Support The regulatory framework governing the Fintech sector in Ireland is multifaceted and operates within both national and European contexts. Key institutions involved include the Central Bank of Ireland, which serves as the primary regulator for financial services in the country. Central Bank of Ireland The Central Bank is responsible for authorising and supervising financial services providers in Ireland, ensuring compliance with prudential and conduct of business requirements. It is an integrated regulator, with its powers and responsibilities defined under the Central Bank of Ireland Act of 1942 and subsequent amendments. The Bank actively participates in EU policy development, engaging with the Department of Finance and other stakeholders to influence new EU legislation. This includes oversight of regulated entities and enforcement actions against breaches of financial services legislation. Compliance and Reporting Fintech companies categorised as "designated persons" under the Criminal Justice Act 2010 are required to adhere to Anti-Money Laundering (AML) rules. These regulations are applicable regardless of a company's authorisation status, with EU and Irish financial sanctions also relevant to all Fintech firms. The Funds Transfer Regulation further mandates payment service providers to ensure proper information accompanies fund transfers to aid in the prevention of money laundering and terrorist financing. Governme...

Érdekes funkcióval bővült az EgészségAblak app Mínuszos     2024-10-13 13:33:26     Mobiltech Belügyminisztérium Rétvári Bence Betegelégedettségi visszajelző funkcióval bővült az EgészségAblak mobilalkalmazás – közölte Rétvári Bence. A Belügyminisztérium parlamenti államtitkárának bejelentése szerint az alkalmazást használók számára a járóbeteg szakrendelésről való távozás és a leletezés lezárása után azonnal, automatikusan felugrik egy kérdőív. Ebben öt szempont szerint l Judi Dench válaszol a Facebookon? ICT Global     2024-10-13 05:03:12     Mobiltech Mesterséges intelligencia Instagram Facebook A Meta számos színésszel kötött együttműködési megállapodást, hogy azok megtanítják beszélgetni a cég mesterséges intelligenciával működtetett chatbotját. Így a Facebook- és az Instagram-felhasználók mostantól olyan hangokkal beszélhetnek, mint John Cena és Judi Dench. Először sikerült két embernek álmában egymással kommunikálni Rakéta     2024-10-13 15:09:08     Infotech Ez az első alkalom, hogy két ember sikeresen kommunikált egymással álmodás közben – nagyjából, mint az Eredet című filmben. „A mesterséges intelligenciát az ember teszi jóvá, vagy rosszá!” Helló Sajtó!     2024-10-13 03:34:33     Tudomány Mesterséges intelligencia A mesterséges intelligencia jövője kulcsfontosságú az emberiség számára, amelynek etikai fejlesztése és minőségi adatkezelése elengedhetetlen. Badinszky Áron jogász izgalmas nézőpontokat oszt meg az MI jogi szabályozásáról és annak hatásairól a társadalomra. Generatív MI a motorházban ITBusiness     2024-10-13 08:33:49     Infotech Mesterséges intelligencia Kiberbiztonság Tagadhatatlan, hogy a mesterséges intelligencia fejlődése óriási hatással van a munka világára. Szinte minden területen új szemléletre van szükség, legyen szó akár az MI gyakorlati alkalmazásairól, a felhasználási módokról, a technológiai lehetőségekről, a szervezeti adaptációról, a kiberbiztonsági kihívásokról vagy az emberi tényezők kezeléséről. Megint átverte az embereket Elon Musk Tesla Optimus robotbemutatója PC Fórum     2024-10-13 08:30:00     Infotech Befektető Robot Elon Musk Tesla A Tesla a héten megrendezett bemutatója megint sikerrel tévesztett meg alaphangon is milliókat világszerte - köztük a cég rajongói és befektetői közül is sokakat. Az eseményen ugyanis - amin többek között úgymond a Tesla robottaxija és Robovan-je is leleplezésre került - jelen volt a cég Optimus robotjának több példánya is, amik látszólag fantaszti Pierrot: A világteremtés olyan drog, amiről nem tudok lejönni Qubit     2024-10-13 08:29:06     Gaming Drog Marosi Z. Tamás mint zenészt sokan ismerik, de azt csak a beavatottak tudják róla, hogy szenvedélyes társasjáték-fejlesztő, aki évente több játékot is készít, sőt egy ideje már saját kiadója is van. Új hálózati megoldások az 5.5G korszakra a Huawei-től digitrend-i     2024-10-13 07:00:00     Infotech GDP Bruttó hazai termék Huawei 5G Több mint tíz hálózati terméket és megoldást mutatott be legutóbbi európai konferenciáján a Huawei. Az új Xinghe hálózati megoldások még gyorsabb adatátvitelre és a még nagyobb teljesítményű hálózati környezetek kiszolgálására képesek. Az évtized végére az intelligens technológiák 16 ezermilliárd dollárral növelhetik a globális GDP-t, ami több mint A Samsung a világ legjobb márkái között TechWorld     2024-10-13 10:36:24     Infotech Mesterséges intelligencia Samsung Több, mint 100 milliárd dollárt ér a brand, tíz százalékot növekedve. Mindez többek között a mesterséges intelligencia funkcióknak és technológiáknak köszönhető. A Samsungot az ötödik egymást követő évben választotta a világ legjobb öt márkája közé az Interbrand. A nemzetközileg is elismert márkatanácsadó vállalat évente közzéteszi a legjobb nemzet Így védik a Börzsöny vadmacskáját 24.hu     2024-10-13 14:01:59     Tudomány A fokozottan védett ragadozónak létfontosságú a zavarásmentes, egészséges erdő, amit egy mintaprojekt próbál hosszú távon is biztosítani. A rekord erős napkitörés Magyarországra is lesújthat – Sarki fényt is láthatunk itthon TőzsdeFórum     2024-10-13 12:40:35     Gazdaság Világűr Sarki fény Napkitörés Az elmúlt napokban a Nap soha nem látott erejű napkitöréseket produkált, melyek közvetlen hatással lehetnek Magyarországra is. Az október eleji események közül az X9.0-es napkitörés az eddigi legerősebb ebben a napciklusban. Ezek az intenzív napkitörések olyan geomágneses viharokat váltanak ki, amelyek világszerte jelentős technológiai zavarokat ok Új szintre lépett az AI-alapú csalás: a deepfake már a tőzsdék KYC-ellenőrzéseit is becsapja BitcoinBázis     2024-10-13 08:31:43     Infotech Mesterséges intelligencia Tőzsde Kiberbiztonság A közelmúltban megjelent ProKYC képes megkerülni a tőzsdék „KYC” személyazonosság-felismerő rendszereit. A Cato Networks kiberbiztonsági cég szerint hatalmas kihívás vár a kriptotőzsdékre. A ProKYC nevű új, mesterséges intelligenciával működő deepfake eszköz lehetővé teszi a csalók számára, hogy megkerüljék a magas szintű Know Your Customer (KYC) i Folytatást kap az év egyik legjobb, 98%-os filmje, az első rész már októberben megérkezik a hazai mozikba Mafab     2024-10-13 09:00:02     Film Mozi Robot Chris Sanders, A vad robot rendezője megerősítette, hogy a DreamWorks Animationnél készül a film folytatása, miután a film világszerte átlépte a 100 millió dolláros bevételt, írja a Deadline. A további adásainkat keresd a podcast.hirstart.hu oldalunkon.

Érdekes funkcióval bővült az EgészségAblak app Mínuszos     2024-10-13 13:33:26     Mobiltech Belügyminisztérium Rétvári Bence Betegelégedettségi visszajelző funkcióval bővült az EgészségAblak mobilalkalmazás – közölte Rétvári Bence. A Belügyminisztérium parlamenti államtitkárának bejelentése szerint az alkalmazást használók számára a járóbeteg szakrendelésről való távozás és a leletezés lezárása után azonnal, automatikusan felugrik egy kérdőív. Ebben öt szempont szerint l Judi Dench válaszol a Facebookon? ICT Global     2024-10-13 05:03:12     Mobiltech Mesterséges intelligencia Instagram Facebook A Meta számos színésszel kötött együttműködési megállapodást, hogy azok megtanítják beszélgetni a cég mesterséges intelligenciával működtetett chatbotját. Így a Facebook- és az Instagram-felhasználók mostantól olyan hangokkal beszélhetnek, mint John Cena és Judi Dench. Először sikerült két embernek álmában egymással kommunikálni Rakéta     2024-10-13 15:09:08     Infotech Ez az első alkalom, hogy két ember sikeresen kommunikált egymással álmodás közben – nagyjából, mint az Eredet című filmben. „A mesterséges intelligenciát az ember teszi jóvá, vagy rosszá!” Helló Sajtó!     2024-10-13 03:34:33     Tudomány Mesterséges intelligencia A mesterséges intelligencia jövője kulcsfontosságú az emberiség számára, amelynek etikai fejlesztése és minőségi adatkezelése elengedhetetlen. Badinszky Áron jogász izgalmas nézőpontokat oszt meg az MI jogi szabályozásáról és annak hatásairól a társadalomra. Generatív MI a motorházban ITBusiness     2024-10-13 08:33:49     Infotech Mesterséges intelligencia Kiberbiztonság Tagadhatatlan, hogy a mesterséges intelligencia fejlődése óriási hatással van a munka világára. Szinte minden területen új szemléletre van szükség, legyen szó akár az MI gyakorlati alkalmazásairól, a felhasználási módokról, a technológiai lehetőségekről, a szervezeti adaptációról, a kiberbiztonsági kihívásokról vagy az emberi tényezők kezeléséről. Megint átverte az embereket Elon Musk Tesla Optimus robotbemutatója PC Fórum     2024-10-13 08:30:00     Infotech Befektető Robot Elon Musk Tesla A Tesla a héten megrendezett bemutatója megint sikerrel tévesztett meg alaphangon is milliókat világszerte - köztük a cég rajongói és befektetői közül is sokakat. Az eseményen ugyanis - amin többek között úgymond a Tesla robottaxija és Robovan-je is leleplezésre került - jelen volt a cég Optimus robotjának több példánya is, amik látszólag fantaszti Pierrot: A világteremtés olyan drog, amiről nem tudok lejönni Qubit     2024-10-13 08:29:06     Gaming Drog Marosi Z. Tamás mint zenészt sokan ismerik, de azt csak a beavatottak tudják róla, hogy szenvedélyes társasjáték-fejlesztő, aki évente több játékot is készít, sőt egy ideje már saját kiadója is van. Új hálózati megoldások az 5.5G korszakra a Huawei-től digitrend-i     2024-10-13 07:00:00     Infotech GDP Bruttó hazai termék Huawei 5G Több mint tíz hálózati terméket és megoldást mutatott be legutóbbi európai konferenciáján a Huawei. Az új Xinghe hálózati megoldások még gyorsabb adatátvitelre és a még nagyobb teljesítményű hálózati környezetek kiszolgálására képesek. Az évtized végére az intelligens technológiák 16 ezermilliárd dollárral növelhetik a globális GDP-t, ami több mint A Samsung a világ legjobb márkái között TechWorld     2024-10-13 10:36:24     Infotech Mesterséges intelligencia Samsung Több, mint 100 milliárd dollárt ér a brand, tíz százalékot növekedve. Mindez többek között a mesterséges intelligencia funkcióknak és technológiáknak köszönhető. A Samsungot az ötödik egymást követő évben választotta a világ legjobb öt márkája közé az Interbrand. A nemzetközileg is elismert márkatanácsadó vállalat évente közzéteszi a legjobb nemzet Így védik a Börzsöny vadmacskáját 24.hu     2024-10-13 14:01:59     Tudomány A fokozottan védett ragadozónak létfontosságú a zavarásmentes, egészséges erdő, amit egy mintaprojekt próbál hosszú távon is biztosítani. A rekord erős napkitörés Magyarországra is lesújthat – Sarki fényt is láthatunk itthon TőzsdeFórum     2024-10-13 12:40:35     Gazdaság Világűr Sarki fény Napkitörés Az elmúlt napokban a Nap soha nem látott erejű napkitöréseket produkált, melyek közvetlen hatással lehetnek Magyarországra is. Az október eleji események közül az X9.0-es napkitörés az eddigi legerősebb ebben a napciklusban. Ezek az intenzív napkitörések olyan geomágneses viharokat váltanak ki, amelyek világszerte jelentős technológiai zavarokat ok Új szintre lépett az AI-alapú csalás: a deepfake már a tőzsdék KYC-ellenőrzéseit is becsapja BitcoinBázis     2024-10-13 08:31:43     Infotech Mesterséges intelligencia Tőzsde Kiberbiztonság A közelmúltban megjelent ProKYC képes megkerülni a tőzsdék „KYC” személyazonosság-felismerő rendszereit. A Cato Networks kiberbiztonsági cég szerint hatalmas kihívás vár a kriptotőzsdékre. A ProKYC nevű új, mesterséges intelligenciával működő deepfake eszköz lehetővé teszi a csalók számára, hogy megkerüljék a magas szintű Know Your Customer (KYC) i Folytatást kap az év egyik legjobb, 98%-os filmje, az első rész már októberben megérkezik a hazai mozikba Mafab     2024-10-13 09:00:02     Film Mozi Robot Chris Sanders, A vad robot rendezője megerősítette, hogy a DreamWorks Animationnél készül a film folytatása, miután a film világszerte átlépte a 100 millió dolláros bevételt, írja a Deadline. A további adásainkat keresd a podcast.hirstart.hu oldalunkon.

Even in today's modern world, it's incredibly challenging to extend affordable, reliable and high-performing broadband services to the 42 million rural Americans who lack access. In cities and suburbs, network infrastructure can serve thousands, whereas rural areas only cover a few dozen homes and businesses, pressuring revenue generation and affecting overall return on investment. Additionally, because of the longer distances and tough terrain, installing fiber optic cables in rural areas increases the cost per mile. Federal funding is required to provide the broadband access rural America needs. That's why the Federal Government established the Broadband Equity Access and Deployment (BEAD) Program, which sets aside $42 billion for the initiative. The funds are allocated to the states and then down to service providers, which have to report their work to the states, which, in turn, have to report back to the Federal Government. This highlights the need for all stakeholders to conduct their reporting in a unified manner to avoid confusion and delays. Common Language, administered by iconectiv, is a standard nomenclature already in place that streamlines the verification of locations, equipment, connections and service functions to ensure the correct equipment meets demand. About iconectiv iconectiv provides services to secure digital identity, numerous data exchanges, registries, and other information as a service offerings. These address numbering intelligence, Know Your Customer (KYC), Know Your Business (KYB), fraud prevention, as well as network and operations management for the global communications industry. It provides numbering services in more than a dozen countries, including serving as the Local Number Portability Administrator (LNPA) for the United States. As a trusted partner of the communications ecosystem, iconectiv is dedicated to keeping people connected, businesses running and commerce flowing. This includes making sure incoming and outgoing phone calls and messages are verified and identified, and that communications service providers can trust the information in their systems and networks. www.iconectiv.com

How Towers and Data Centers can Capitalize on 5G Expansion, iconectiv Podcast, “Many tower and data center operators don't have a complete understanding of their asset portfolios,” says Juan Carlos Ortiz, Principal for Corporate Business Development As the demand for seamless 5G wireless coverage grows, tower and data center operators are in prime position to capitalize on its expansion, but many of them aren't fully realizing these opportunities. In this podcast, Juan Carlos Ortiz, Principal for Corporate Business Development at iconectiv, explains how tower and data center operators can take full advantage of the opportunities arising from 5G expansion. “Many tower and data center operators don't have a complete understanding of their asset portfolios,” Ortiz said. “There is a standard nomenclature that service providers and their business partners have been using for decades to describe critical network resources in a consistent, descriptive and meaningful way, and that mechanism is called Common Language.” About iconectiv iconectiv provides services to secure digital identity, numerous data exchanges, registries, and other information as a service offerings. These address numbering intelligence, Know Your Customer (KYC), Know Your Business (KYB), fraud prevention, as well as network and operations management for the global communications industry. It provides numbering services in more than a dozen countries, including serving as the Local Number Portability Administrator (LNPA) for the United States. As a trusted partner of the communications ecosystem, iconectiv is dedicated to keeping people connected, businesses running and commerce flowing. This includes making sure incoming and outgoing phone calls and messages are verified and identified, and that communications service providers can trust the information in their systems and networks. www.iconectiv.com

J.D. Seraphine founded Vision Tree with the sole purpose of transforming our culture and changing the world for the better through Media and Technology. With over 16 Years experience in the entertainment industry, he started in television working in production on the hit show 24 and went on to finance and produce a number of projects: including Hesher, starring Natalie Portman and Joseph Gordon Levitt, the viral documentary sensation Sirius, and the Tony-nominated hit Broadway Play, Rock of Ages.J.D. directed the groundbreaking documentary series, Open Source Money, about the rise of Disney-incubated blockchain company, Dragonchain, and the global evolution of cryptocurrency and blockchain technology. The series premiered on Discovery Science Channel on the 4th of July 2020 and reached 1 million viewers in the U.S. He co-founded Raiinmaker, one the fastest growing Web 3.0 powered apps designed for the social creator economy. J.D. is committed to growing Vision Tree & Raiinmaker into powerful forces for change in the world that will have a major positive impact on the future of the global cultural landscape.In this conversation, we discuss:- Merging Crypto & AI- DePIN- Simplifying the process of setting up nodes- Empowering everyone to train AI models- Democratizing data creation and collection- Importance of “Know Your Customer” (KYC) compliance- Deploying code directly from your smartphones to tap into decentralized computing power- Stories from working in the entertainment industry- Blockchain's influence and distribution on the entertainment industry- Harnessing the power of community and removing the middlemanRaiinmakerWebsite: www.raiinmaker.comX: @RaiinmakerappTelegram: t.me/raiinmakernetworkJ.D. SeraphineX: @commodorgonzoLinkedIn: J.D. Seraphine ---------------------------------------------------------------------------------  This episode is brought to you by PrimeXBT.  PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.   PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions.  Code: CRYPTONEWS50  This promotion is available for a month after activation. Click the link below:  PrimeXBT x CRYPTONEWS50

Fenergo, the leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring (TM) and Client Lifecycle Management (CLM), and Deloitte Ireland, have announced an agreement to deliver Fenergo's AI-powered CLM solutions to financial institutions across EMEA. The alliance combines Fenergo's best-in-class technology with Deloitte's technology-enabled business transformation expertise to create a Centre of Excellence for CLM. The collaboration will empower financial institutions and corporates to better address evolving KYC, anti-money laundering (AML) and environmental, social and governance (ESG) regulatory obligations while driving operational excellence and enhancing end-to-end customer experiences. The alliance responds to increasing demand for optimised digital client onboarding and the need to drive efficiency across KYC and AML operations. Fenergo's research has found that slow and inefficient onboarding processes have caused nearly half (48%) of global financial institutions to lose clients. To address this challenge, Fenergo and Deloitte Ireland will deploy AI-powered Software as a Service (SaaS) CLM, which will digitalise client onboarding and lifecycle management journeys, and in turn accelerate the time it takes to generate revenue while enabling firms to better identify and mitigate risk. "We're excited to collaborate with Deloitte Ireland to deliver our AI-powered CLM solutions to financial institutions and corporates across EMEA," said Matt Edwards, Global VP of Partnerships and Alliances, Fenergo. "With the unrelenting evolution of global regulation and the need for firms to simultaneously drive growth, the demand for our CLM solutions has risen exponentially and expanded beyond financial services. With the addition of AI, the transformative power of CLM is even more accessible and rapid. Our alliance agreement with Deloitte will enable us to accelerate implementation while helping firms build a more sustainable and compliant future, while delivering a step change in customer experience." "Transforming organisations by using AI is something we're committed to in Deloitte. Our collaboration with Fenergo and the launch of our Centre of Excellence illustrates our focus on providing innovative technology solutions to our clients that drive competitiveness and efficiency," said Graham Healy, Consulting Partner, Deloitte Ireland. "We believe our mutual clients will also benefit from our broader expertise across financial advisory, business change and target operating model services." Financial institutions will also benefit from Fenergo's unrivalled Perpetual KYC capabilities which streamline and automate periodic KYC review cycles by continuously monitoring client profiles for risk using real-time data. Firms can also leverage Fenergo to more effectively manage ESG requirements in response to growing demand for sustainable and socially responsible investing. See more stories here.

Regulatory technology (or regtech) is expected to be worth over USD 87 billion by 2028, but it is an underdeveloped fintech segment in the Caribbean region. However, as regulatory oversight increases in areas such as cybersecurity and data protection, increasingly, regtech will not be limited to the banking and fintech sectors. Circling back to a 2022 episode, regtech expert, Jennifer Potter, gives us a primer on regtech, and discusses, among other things:     *  the other industries, besides banking and financial services, in which regtech can be applied;    *  how regtech can improve the customer experience regarding the Know-Your-Customer (KYC) rules and anti-money laundering (AML) compliance obligation; and   *  key things organisations should consider before they decide to integrate regtech into their operations.   The episode, show notes and links to some of the things mentioned during the episode can be found on the ICT Pulse Podcast Page (www.ict-pulse.com/category/podcast/)    Enjoyed the episode?  Do rate the show and leave us a review!     Also, connect with us on: Facebook – https://www.facebook.com/ICTPulse/  Instagram –  https://www.instagram.com/ictpulse/  Twitter –  https://twitter.com/ICTPulse  LinkedIn –  https://www.linkedin.com/company/3745954/admin/  Join our mailing list: http://eepurl.com/qnUtj    Music credit: The Last Word (Oui Ma Chérie), by Andy Narrell Podcast editing support:  Mayra Bonilla Lopez   ---------------- Also, Sponsorship Opportunities! The ICT Pulse Podcast is accepting sponsors! Would you like to partner with us to produce an episode of the podcast, or highlight a product or service to our audience? Do get in touch at info@ict-pulse.com with “Podcast Sponsorship” as the subject, or via social media @ictpulse, for more details.   _______________  

Fraudsters are now using AI to create deepfake voice clones and perpetrate their robocall scams at scale. In this podcast, iconectiv SVP Chris Drake discusses this problem and what service providers, regulators and telecom vendors are doing to protect the digital identities of people and businesses. iconectiv provides services to secure digital identity, numerous data exchanges, registries, and other information as a service offerings. These address numbering intelligence, Know Your Customer (KYC), Know Your Business (KYB), fraud prevention, as well as network and operations management for the global communications industry. It provides numbering services in more than a dozen countries, including serving as the Local Number Portability Administrator (LNPA) for the United States. As a trusted partner of the communications ecosystem, iconectiv is dedicated to keeping people connected, businesses running and commerce flowing. This includes making sure incoming and outgoing phone calls and messages are verified and identified, and that communications service providers can trust the information in their systems and networks. www.iconectiv.com

Banking on Fraudology is currently accepting sponsor applications until July 15th. Apply through this form or contact Hailey directly.Welcome to a new episode of Banking on Fraudology. Join Hailey Windham as she dives deep into the world of first-party fraud with Alex Faivusovich, the head of fraud risk at Unit 21. With over 15 years of experience in fraud prevention, Alex shares his expert insights on the growing issue of first-party fraud, especially among young individuals, and highlights its long-term consequences.In this episode, we unravel the complexities of first-party fraud, from romance scams to refund abuse, and discuss how the pandemic has exacerbated these activities. Alex emphasizes the importance of educating youth and financial institutions on recognizing and preventing fraud. He also talks about the shift from transaction-level fraud detection to understanding customer lifecycles and behaviors, advocating for better data orchestration and informed decision-making.Together, they explore the frustration around the lack of legal consequences for fraudsters and the need for more efficient Know Your Customer (KYC) processes. We also touch on the ethical challenges of creating a global consortium to track fraudsters. Join us as we venture into the intricate world of first-party fraud and uncover strategies to protect both customers and financial institutions.----------------About Hailey Windham:As a 2023 CU Rockstar Recipient, Hailey Windham, CFCS (Certified Financial Crimes Specialist) demonstrated unbounding passion for educating her community, organization and credit union membership on scams in the market and best practices to avoid them. She has implemented several programs within her previous organizations that aim at holistically learning about how to prevent and detect fraud targeted at membership and employees. Windham's initiatives to build strong relationships and partnerships throughout the credit union community and industry experts have led to countless success stories. Her applied knowledge of payments system programs combined with her experience in fraud investigations offers practical concepts that are transferable, no matter the organization's size. Connect with Hailey on LinkedIn: https://www.linkedin.com/in/hailey-windham/ Connect with Alex: https://www.linkedin.com/in/stopfraud/

Almost one in five (18%) compliance experts in Ireland's financial service organisations believe that the risks of AI outweigh the benefits of the technology, while for more than 2 in 5, the jury is still out (45%). This is according to the findings of a new survey by the Compliance Institute, which polled 175 compliance professionals working primarily in Irish financial services organisations nationwide on their attitudes towards AI, a technology which has developed at a rapid pace in recent years. According to 3 in 5 of those asked, Ireland's perennial problem of consumer inertia could be tackled head-on by effective use of Artificial Intelligence (AI). They believe that through the technology's identity verification and data capture capabilities, the amount of time it takes to safely and securely onboard customers for banking and other financial services could be significantly reduced, thus making it easier for consumers to shop around and switch - and in turn pocket valuable savings. Commenting on the survey findings, Michael Kavanagh, CEO of the Compliance Institute, "When it comes to AI's risk-benefit ratio, our survey found that for almost half of the compliance practitioners asked, the jury is still out. However, most have confidence in its ability to drive positive change for consumers and switching." Mr Kavanagh explained, "It has long been accepted in Ireland that a general apathy and lack of proactivity when it comes to consumer behaviour around financial products and services cost the public thousands of euros every year. In Ireland, people very rarely switch banks or shop around for financial products and are slow to move insurers, with recent Central Bank research showing that only one in four people switch their car or home insurer when renewing their policy. It could be that the correct use of AI could actually benefit consumers by significantly reducing the amount of time and effort consumers have to put into doing things like switching banks or insurers. AI has the potential to also reduce customer onboarding costs to those organisations operating within the financial services industry. Know Your Customer (KYC) and the whole onboarding system are still relatively old-fashioned in many organisations when you think of how far we've come technology-wise in the last 10 to 20 years. The costs and time involved on both sides are still too high, and there is an expectation that AI could be employed to reduce both. If a person had to jump through just one hoop instead of ten to change their banking provider, there's a good chance they'd be more likely to do it". The Compliance Institute says, however, that the depth of the concerns revealed in the study around AI - and the potential for the technology to cause harm - should not be underestimated. Mr. Kavanagh cautioned, "Some of these concerns relate to privacy and misinformation issues, the potential of the technology to lead to job displacement or even the risk of AI-altered images and videos disrupting the democratic process. This is why strong regulation in this area is so important and why the recently approved EU AI Act is so necessary. This regulation should ensure that AI systems are designed, developed and deployed in an ethical and trustworthy manner and that the fundamental rights, health and safety of the individual are protected while promoting responsible innovation."

In this episode, panellists from accountancy sector supervisory bodies discuss Anti-Money Laundering (AML) compliance within the sector. This includes specific cases where a firm may have AML concerns during Know Your Customer (KYC) and Suspicious Activity Report (SAR) practices. The panellists use their extensive knowledge to provide their perspectives on the sector as a whole and specifics relating to their areas of focus, from large accountancy firms to individual bookkeepers. There is also information on opportunities for firms to approach the UKFIU's Reporter Engagement Team (RET) to improve internal understanding of SARs submission. For the subtitled version of this episode go to: https://youtu.be/D0xYmNQsylA Panellists: Tim Pinkney, Director of Professional Standards, Institute of Financial Accountants (IFA) [formerly Head of Practice Standards] Michelle Giddings, Head of AML and Operations, Professional Standards, Institute of Chartered Accountants in England and Wales (ICAEW) Jody Newman, Head of Compliance and Professional Standards, Institute of Accountants and Bookkeepers (IAB) Acronyms used in this podcast: PBS: Professional Body Supervisors AASG: Accountancy AML Supervisors Group Regs: Regulations POCA: Proceeds of Crime Act (2002) KYC: Know Your Customer CDD: Customer Due Diligence   Time Stamps 00:40 Introduction 01:34 Tim (IFA) intro 02:30 Michelle (ICAEW) intro 03:54 Jody (IAB) intro 05:17 key money laundering threats and red flags 10:32 SAR submission numbers in the accountancy sector 15:27 When turning away a client due to AML or KYC concerns 17:55 Biggest challenges firms face with AML compliance and SARs 23:37 Firm opportunities to engage with the UKFIU. 24:34 Final key messages 27:48 Outro

Fraudology is presented by Sardine. Learn more about how their one platform covers you for fraud, compliance, and payments.In this episode of Fraudology, host Karisse Hendrick delves into the pivotal shifts in liability rules for ApplePay on Card-Not-Present transactions, and on the Zelle network. For Zelle, the news about a potential liability shift is designed to protect consumers from scam-induced losses. As financial institutions prepare for an overhaul that positions them to absorb losses from deceptively induced transactions, Karisse examines the potential impacts on fraud prevention and customer safety. Furthermore, Karisse takes a critical look at the fallout from Binance's regulatory violations; exploring the heavy $4 billion penalty levied against the cryptocurrency exchange for its failure to implement necessary Know Your Customer (KYC) checks and to report suspicious activities. Karisse discusses how Binance's actions facilitated illegal activity including terrorism, ransomware, and child exploitation materials. Highlighting the broader consequences of neglecting robust fraud prevention measures and the essential need for companies to prioritize compliance to safeguard against financial crimes.Articles mentioned in this episode:Zelle News:https://www.nytimes.com/2022/11/28/business/zelle-scams-banks-reimburse.htmlBinance News:https://www.justice.gov/opa/pr/binance-and-ceo-plead-guilty-federal-charges-4b-resolutionhttps://frankonfraud.com/fraud-trends/greed-and-avarice-binance-never-filed-a-single-sar-ever/Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Ever wondered about the journey of the oldest FinTech in Belgium? Meet our guest, Frank Verhaest, a banking evangelist at the Isabel Group. He takes us through their riveting evolution from a joint venture between the four largest banks in Belgium to a unified payment platform that now includes 27 banks. From using diskettes and CDs to operating an internet-based platform, Isabel 6, the Isabel Group's transformation is nothing short of remarkable.We'll explore the group's strategic acquisitions that have reshaped its positioning and propelled it into new realms, such as the world of open banking through Ibanity. Frank also talks about the future of data exchange with PSD3 and how Isabel Group intends to stitch different solutions together to provide a holistic approach to banks. As a bonus, we delve into the impact of blockchain technology and its application in Know Your Customer (KYC) protocols. Thank you for tuning into our podcast about global trends in the FinTech industry.Check out our podcast channel.Learn more about The Connector. Follow us on LinkedIn.CheersKoen Vanderhoydonkkoen.vanderhoydonk@jointheconnector.com#FinTech #RegTech #Scaleup #WealthTech

In this Podcast, Olivier Rikken (2Tokens), Meindert Jansberg (Assetblocks) and Martijn Siebrand (ABN AMRO) discuss their joint use case for the European Blockchain Sandbox. The partnership between these companies, including Rabobank, aims to legally explore the use case of tokenized financial security and stablecoin integration. Together, the goal is to bridge the gap between the physical world and the digital economy by tokenizing real assets and euro's.The existing base case presented by Assetblocks offers an unique investment opportunity by allowing individuals to invest in renewable energy sources through tracking stocks. Investors acquire tokens representing solar, wind, or battery parks, entitling them to share in the profits generated by these assets. The ownership proof comes in the form of a Non-Fungible Token (NFT), classified as a security under MiFID II regulations, ensuring compliance and investor confidence.In the mentioned sandbox setting, the joint use case aims to explore the use of stablecoins tied to Euro's or bank deposits. Both non-hosted and hosted wallets provided by banks will support these stablecoin transactions, ensuring new ways of accessibility and convenience for investors, offering new levels of accessibility and convenience for investors. Additionally, the project explores the possibility of tokenizing these assets as security tokens, compliant with EBS standards, allowing discussions on regulatory matters with EU and individual European member state frameworks.The NFTs include embedded metadata, providing crucial information about the underlying assets. Investors can verify each NFT at a detailed level, enabling them to track production and access real-time value data. To comply with regulations, investors undergo a Know Your Customer (KYC) procedure during onboarding. Once whitelisted, investors can easily purchase NFTs using Euros, with a focus on exploring payment in Euro-based stablecoins.Host: Olivier Rikken, 2TokensGuests: Meindert Jansberg, Assetblocks | https://www.linkedin.com/in/meindert-jansberg-8251481/Martijn Siebrand, ABN AMRO | https://www.linkedin.com/in/martijn-siebrand/Do you want to join one of the use cases? Contact us via info@2tokens.orgRead more on our blog

Donald Gillies and Henry Irish are the Founders of PassFort. They enable regulated financial services companies to rapidly onboard customers then manage risk and compliance standards throughout the customer lifecycle. Their integration model enables them to ingest datasets from any provider and interoperate with any system. They help you build a data ecosystem, with pre-built connectors to more than 25 data providers and growing. PassFort's dynamic orchestration of customer due diligence (CDD), enhanced due diligence (EDD), Know Your Customer (KYC), Know Your Business (KYB) and anti-money laundering (AML) workflows puts the weight of compliance activity on automation and our risk engine, not your customers. Donald and Henry join James Pringle and Hector Mason in this episode to share about creating a strong relationship foundation as CEOs,  building a high performance culture, life after acquisition and exit, & so much more. Don't forget to like, subscribe and follow The Riding Unicorns Podcast on our socials and your chosen podcast platform to stay up to date!

Hivatalosan is megerősítették a Vodafone új nevét PCWorld     2023-09-01 07:29:31     Mobiltech Vodafone Már eddig is utaltak rá jelek, lehetett pletykákat hallani, de most már egészen biztosak lehetünk abban, hogy a Vodafone helyett új nevet kell megszoknunk. Egy új kutatás szerint 900 ezer éve majdnem kihaltak az őseink Telex     2023-09-01 12:53:51     Tudomány Kína Egy kínai tanulmány szerint nagyjából 120 ezer éven keresztül csak mintegy 1300 nemzőképes egyed maradt összesen, de végül sikerült visszajönniük a szakadék széléről. Drónnal érkeznek a házibuliba a zsaruk IT Business     2023-09-01 12:35:13     Mobiltech Rendőrség Drón New York A munka ünnepe A New York-i rendőrség drónokkal fogja felügyelni azokat a kertipartikat, ahol a Munka Ünnepét hangosabban köszöntik a résztvevők, mint azt adott esetben a szomszédok szeretnék. A járőr helyett apró quadkopter érdeklődik majd felülről: hányan vannak, mit csinálnak stb. "Ha egy betelefonáló állampolgár azt állítja, hogy valahol nagy tömeg van, példá Kvantumszámítógép egymillió euró alatt? Ezt ígéri egy finn-német startup Bitport     2023-09-01 07:48:00     Infotech egyetem Finnország Startup Az egyetemek és a kutatóintézetek számára is elérhetővé, sőt megfoghatóvá tennék a technológiát. A hónap végén érkezik az Android 14 a OnePlus 11-re Android Portál     2023-09-01 12:36:37     Mobiltech Telefon Apple Google Android Az elmúlt napokban az Apple és a Google is közölte a közelgő őszi bemutató eseményeinek időpontját, ma pedig a OnePlus is bejelentést tett, de ez nem egy új telefonról szól – a OnePlus Open bemutatásának időpontja még mindig kérdéses. Ehelyett a vállalat elárulta, hogy szeptember 25-én fogja kiadni az Android 14-re épülő stabil OxygenOS 14-et. Papírszerű kijelzős telefonok érkeznek a boltokba Startlap Vásárlás     2023-09-01 14:51:39     Mobiltech Telefon Hamarosan az európai boltokban is megjelennek a TLC új telefonjai, amin egyszerre ötvözik a hagyományos kijelző és az e-papír előnyeit. Önmegsemmisítő robot szigorúan titkos küldetésekhez Rakéta     2023-09-01 14:48:24     Infotech Robot Egy Mission Impossible részbe is beillene a szerkezet, ami a kellő időben képes az önmegsemmisítésre. Kyc: ügyfélazonosítás mesterfokon. Hogyan előzik meg a szolgáltatók, hogy bűnözők használják a kriptovalutákat? Digital Hungary     2023-09-01 12:18:00     Infotech Innováció Kriptovaluta A pénzügyi világ állandó változásai és innovációi az ügyfelek védelme és a visszaélések kiszűrése terén is egyre újabb megoldásokat igényelnek. Ahogy más pénzügyi intézmények és szolgáltatók, a kriptotőzsdék is kötelesek betartani az úgynevezett Know Your Customer (KYC) protokollt, vagyis az ügyfélazonosításra vonatkozó szigorú szabályokat. De mely Nem igaz, hogy az ellentétek vonzzák egymást 24.hu     2023-09-01 15:49:31     Tudomány Egy új vizsgálat alapján nagyon kevés az olyan tulajdonság, amelyben az emberek nem hasonlítanak a párjukra. Idén is meghirdeti űrkutatási csapatversenyét a Mank Tudás.hu     2023-09-01 09:32:30     Tudomány Világűr Középiskola Irány az űr! elnevezéssel harmadik alkalommal hirdet űrkutatási csapatversenyt a magyarországi és a határon túli magyar középiskolások számára a Magyar Asztronautikai Társaság (MANT). Az űrkutatási csapatversenyre szeptember 1-jétől 22-ig várják a négyfős csapatok – három tanuló és egy felnőtt mentor – nevezését az esemény honlapján (iranyazur.hu), AI-val és gépi tanulással még hatékonyabb a UPS newtechnology.hu     2023-09-01 07:33:09     Cégvilág Mesterséges intelligencia Trend Az árukézbesítő cégóriás a hálózati kapacitás és a kisebb volumenek összehangolására veti be a mesterséges intelligenciával együtt a gépi tanulást, hogy a fejlett technológiák segítségével rugalmasabban reagáljon a keresleti trendekre. A vállalat riportja szerint a technológia fejlődése segíti a UPS hatalmas csomagkézbesítő hálózatát abban, hogy vá Érkezik a Samsung új MI-alapú recept- és ételszolgáltatása Márkamonitor     2023-09-01 05:36:03     Cégvilág Élelmiszer Mesterséges intelligencia Samsung A Samsung bejelentette a mesterséges intelligencia-alapú Samsung Food platform nemzetközi bevezetését. Az egyéni igényekhez alakítható felület egyszerre szolgál receptek gyűjtőhelyéül, miközben egy okos konyhai segédként élelmiszer- és étkezési információkat nyújt a felhasználóknak a személyre szabott receptektől kezdve, egészen a főzési instrukció Apró sebészeti robotot fejlesztenek agyműtétekhez és a tüdőrák gyógyítására newtechnology.hu     2023-09-01 05:33:21     Cégvilág Robot Rákbetegség Olyan egészen kicsi, távirányítású gépek menthetik meg daganatos betegek életét a jövőben, amelyek képesek mélyen behatolni a testbe, például a koponyába vagy a tüdőbe, hogy „felismerjék és kezeljék a rák első jeleit” – írják a tudósok a Nature Engineering Communications című folyóiratban. Azt állítják, a mindössze két milliméter átmérőjű miniatűr

Hivatalosan is megerősítették a Vodafone új nevét PCWorld     2023-09-01 07:29:31     Mobiltech Vodafone Már eddig is utaltak rá jelek, lehetett pletykákat hallani, de most már egészen biztosak lehetünk abban, hogy a Vodafone helyett új nevet kell megszoknunk. Egy új kutatás szerint 900 ezer éve majdnem kihaltak az őseink Telex     2023-09-01 12:53:51     Tudomány Kína Egy kínai tanulmány szerint nagyjából 120 ezer éven keresztül csak mintegy 1300 nemzőképes egyed maradt összesen, de végül sikerült visszajönniük a szakadék széléről. Drónnal érkeznek a házibuliba a zsaruk IT Business     2023-09-01 12:35:13     Mobiltech Rendőrség Drón New York A munka ünnepe A New York-i rendőrség drónokkal fogja felügyelni azokat a kertipartikat, ahol a Munka Ünnepét hangosabban köszöntik a résztvevők, mint azt adott esetben a szomszédok szeretnék. A járőr helyett apró quadkopter érdeklődik majd felülről: hányan vannak, mit csinálnak stb. "Ha egy betelefonáló állampolgár azt állítja, hogy valahol nagy tömeg van, példá Kvantumszámítógép egymillió euró alatt? Ezt ígéri egy finn-német startup Bitport     2023-09-01 07:48:00     Infotech egyetem Finnország Startup Az egyetemek és a kutatóintézetek számára is elérhetővé, sőt megfoghatóvá tennék a technológiát. A hónap végén érkezik az Android 14 a OnePlus 11-re Android Portál     2023-09-01 12:36:37     Mobiltech Telefon Apple Google Android Az elmúlt napokban az Apple és a Google is közölte a közelgő őszi bemutató eseményeinek időpontját, ma pedig a OnePlus is bejelentést tett, de ez nem egy új telefonról szól – a OnePlus Open bemutatásának időpontja még mindig kérdéses. Ehelyett a vállalat elárulta, hogy szeptember 25-én fogja kiadni az Android 14-re épülő stabil OxygenOS 14-et. Papírszerű kijelzős telefonok érkeznek a boltokba Startlap Vásárlás     2023-09-01 14:51:39     Mobiltech Telefon Hamarosan az európai boltokban is megjelennek a TLC új telefonjai, amin egyszerre ötvözik a hagyományos kijelző és az e-papír előnyeit. Önmegsemmisítő robot szigorúan titkos küldetésekhez Rakéta     2023-09-01 14:48:24     Infotech Robot Egy Mission Impossible részbe is beillene a szerkezet, ami a kellő időben képes az önmegsemmisítésre. Kyc: ügyfélazonosítás mesterfokon. Hogyan előzik meg a szolgáltatók, hogy bűnözők használják a kriptovalutákat? Digital Hungary     2023-09-01 12:18:00     Infotech Innováció Kriptovaluta A pénzügyi világ állandó változásai és innovációi az ügyfelek védelme és a visszaélések kiszűrése terén is egyre újabb megoldásokat igényelnek. Ahogy más pénzügyi intézmények és szolgáltatók, a kriptotőzsdék is kötelesek betartani az úgynevezett Know Your Customer (KYC) protokollt, vagyis az ügyfélazonosításra vonatkozó szigorú szabályokat. De mely Nem igaz, hogy az ellentétek vonzzák egymást 24.hu     2023-09-01 15:49:31     Tudomány Egy új vizsgálat alapján nagyon kevés az olyan tulajdonság, amelyben az emberek nem hasonlítanak a párjukra. Idén is meghirdeti űrkutatási csapatversenyét a Mank Tudás.hu     2023-09-01 09:32:30     Tudomány Világűr Középiskola Irány az űr! elnevezéssel harmadik alkalommal hirdet űrkutatási csapatversenyt a magyarországi és a határon túli magyar középiskolások számára a Magyar Asztronautikai Társaság (MANT). Az űrkutatási csapatversenyre szeptember 1-jétől 22-ig várják a négyfős csapatok – három tanuló és egy felnőtt mentor – nevezését az esemény honlapján (iranyazur.hu), AI-val és gépi tanulással még hatékonyabb a UPS newtechnology.hu     2023-09-01 07:33:09     Cégvilág Mesterséges intelligencia Trend Az árukézbesítő cégóriás a hálózati kapacitás és a kisebb volumenek összehangolására veti be a mesterséges intelligenciával együtt a gépi tanulást, hogy a fejlett technológiák segítségével rugalmasabban reagáljon a keresleti trendekre. A vállalat riportja szerint a technológia fejlődése segíti a UPS hatalmas csomagkézbesítő hálózatát abban, hogy vá Érkezik a Samsung új MI-alapú recept- és ételszolgáltatása Márkamonitor     2023-09-01 05:36:03     Cégvilág Élelmiszer Mesterséges intelligencia Samsung A Samsung bejelentette a mesterséges intelligencia-alapú Samsung Food platform nemzetközi bevezetését. Az egyéni igényekhez alakítható felület egyszerre szolgál receptek gyűjtőhelyéül, miközben egy okos konyhai segédként élelmiszer- és étkezési információkat nyújt a felhasználóknak a személyre szabott receptektől kezdve, egészen a főzési instrukció Apró sebészeti robotot fejlesztenek agyműtétekhez és a tüdőrák gyógyítására newtechnology.hu     2023-09-01 05:33:21     Cégvilág Robot Rákbetegség Olyan egészen kicsi, távirányítású gépek menthetik meg daganatos betegek életét a jövőben, amelyek képesek mélyen behatolni a testbe, például a koponyába vagy a tüdőbe, hogy „felismerjék és kezeljék a rák első jeleit” – írják a tudósok a Nature Engineering Communications című folyóiratban. Azt állítják, a mindössze két milliméter átmérőjű miniatűr

Introducing George Seatter, a seasoned expert with over 20 years of experience in the private client insurance sector. With a deep understanding of the importance of trusted advisors and the role of general insurance in protecting clients' assets, George knows how to create bespoke insurance solutions that cater to the unique requirements of HNW clients.To connect with the professional expert in this post, email us at ask@londonproperty.co.uk. In this insightful podcast interview, George Seatter returns to London Property to share his wealth of knowledge on insurance matters. With a focus on serving clients in London's Super Prime locations, George offers valuable insights for individuals with substantial properties worldwide. He highlights the often-overlooked area of global insurance and explains how consolidating multiple properties under one insurer can lead to greater efficiency and cost-effectiveness.George delves into the challenges clients face when insuring properties in various jurisdictions. He emphasizes the importance of seeking tailored solutions, especially for clients with international presence and assets spread across different countries. From navigating complexities related to sanctions to ensuring compliance with Know Your Customer (KYC) regulations, George sheds light on the intricacies involved in securing comprehensive and suitable coverage.As he delves into specific case studies, George discusses real-world scenarios where common sense and tailored insurance solutions played crucial roles in securing coverage for clients. He shares his experiences with clients who, due to their nationality or unique circumstances, faced obstacles in obtaining insurance. Despite the challenges, George demonstrates his commitment to finding innovative and persistent solutions to protect his clients' valuable assets.Tune in to learn how clients can safeguard their Super Prime properties across the globe and make informed insurance decisions with the help of an experienced insurance advisor like George Seatter.Interviewer - Farnaz Fazaipour | Property Investment & OwnershipFollow us your way using one of your favourite social media channels listed below:InstagramTwitterYouTubeLinkedInFacebookBuzzsprout

by Gary Audin I hate robocalls and spam so much that when it was at its worst, I let all my calls go to voicemail, no matter who I thought was calling. The FCC decided to do something about it to protect American consumers and mandated that carriers implement call blocking and labeling analytics on their networks. Because they're run by algorithms, they have become overzealous, labeling up to 25% of calls as spam. Improper call blocking and labeling have been an issue since 2017, and many businesses don't know it could be happening to them. If you're a business conducting outbound calls directly, via a call center, operating a help desk, supporting emergency services, conducting surveys, etc., mislabeled phone calls can significantly impact your operational success. Do you know if you have these problems affecting your calls right now? In this 18-minute EDUcast, "Number Reputation Management, DIY or Not," Molly Slater, Product Enablement and Lifecycle Manager at Numeracle, and Gary Audin discuss the recurring problem of mislabeled phone calls and how a Number Reputation Management Solution that prioritizes your calling identity can solve it. There's also the added problem of having phone numbers get mislabeled repeatedly, even when the initial spam or scam label has been resolved. This is why an ongoing and active approach to your number reputation is crucial for your business. Molly provides insight into these issues as well as the solutions available to do it yourself or by partnering with a trusted industry solution provider. The agenda of this EDUcast includes: The Problem with Spam Number Reputation About Numeracle Number Check Solutions Valuable Resources You can tackle this problem yourself if you believe you already have all the necessary resources, or you can streamline the process by leveraging Numerable's Entity Identity Management (EIM) service. The EIM platform enables enterprises, call centers, and service and platform providers to manage the identity of end entities and implement Know Your Customer (KYC) identity vetting and verification policies to outbound communications, developed in support of evolving regulations and telecom standards. You can leverage their EIM solution to establish yourself as a Verified Identity™ with the analytics and carrier to prevent 97% of improper call blocking and labeling events on your phone numbers. They'll work on the remaining 3% of troublesome numbers with their Number Reputation Management solution and Remediation capabilities to remove the labels and barriers preventing you from completing your calls. The platform also allows you to add and manage your branded presentation across the wireless network via their Smart Branding solution to further ensure that your brand and identity are presented as intended, with transparency and consistency. For more information, visit www.numeracle.com or reach out to them at https://www.numeracle.com/contact-us.

Our expert host, Benjamin Ensor, is joined by some great guests to discuss: "Will the future of KYC be truly digital?" This week's guests include: Emma Lindley, Managing Director International Expansion, CAF / Co-founder and Chair, Women in Identity Joe Robinson, Co-founder & CEO, Hummingbird Will Jones, Executive Creative Director, 11:FS As banking technology evolves, so too must the methods for verifying who customers are and keeping them safe. Financial services is embracing new technology, but some are still lagging behind and putting their institutions at risk. Know Your Customer (KYC) doesn't have a single, one-size-fits-all definition. Different geographies have different anti-money laundering (AML) legislation, and even within the legislation there's different ways to apply KYC processes within your products and services. In this episode, we look look at the trends, approaches, regulations, and other changes that will shape the future of banking and KYC globally. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Send us your questions for the Fintech Insider Mailbag here (https://11fscompany.typeform.com/to/kBMan5qL?typeform-source=t.co) Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Emma Lindley, Joe Robinson, and Will Jones.

Overnighters, Episode 543: Argentina Central Bank Bans Crypto Transactions Deloitte Integrates Blockchain BNP Paribas Promotes Digital Yuan and More Collect this Cover at:  https://awrd.gg/4582 The TL;DL -  Argentina's Central Bank Bans Crypto Transactions-On May 4, Argentina's central bank banned payment providers from offering crypto transactions. The move is a blow to the country's crypto industry, which has grown rapidly in recent years. The central bank banned crypto transactions to reduce the country's exposure to digital assets. Cryptocurrencies are not regulated in Argentina, so they are not subject to the same safeguards as traditional financial products. The ban is likely to hurt the local crypto industry and discourage investment in cryptocurrencies in Argentina. Kazakhstan's crypto mining tax revenue dropped in 2023, following the government's introduction of new regulations-The drop in revenue suggests that the industry is feeling the pressure, and some miners may be forced to leave the country. This could hurt the local economy, as well as the global crypto-mining market. BNP Paribas Partners with Bank of China to Promote Digital Yuan-BNP Paribas, a French multinational investment bank and financial services company, has partnered with the Bank of China (BOC) to promote China's digital currency, the digital yuan. The partnership will allow BNP Paribas China's corporate clients to connect with the BOC system and manage their digital yuan wallets, track transactions and make payments using China's digital currency via an e-CNY management system. Robert F. Kennedy Jr. Opposes CBDCs-Robert F. Kennedy Jr., a lawyer, environmental activist, and author, has come out against central bank digital currencies (CBDCs). Kennedy argues that CBDCs could be used by governments to suppress dissent and control the financial system. He also believes that CBDCs are bad for the environment due to the energy required to mine them. Deloitte Integrates Blockchain to Improve KYC and KYB Processes-Deloitte, a leading accounting firm, has integrated blockchain technology to improve its Know Your Customer (KYC) and Know Your Business (KYB) processes. The new system, which uses the KILT Protocol, allows Deloitte to issue reusable digital credentials to its customers. These credentials can be used to verify the identity of individuals and businesses, and they can be shared with other organizations securely and efficiently. The new system is expected to make it easier for Deloitte to comply with KYC and KYB requirements, and it could also help to improve the customer experience. Stripe Launches Fiat-to-Crypto On-Ramp to Support Web3 Companies-Stripe, a leading payment processor, has launched a fiat-to-crypto on-ramp to support Web3 companies. The new service allows Web3 companies to offer their customers the ability to purchase cryptocurrencies with fiat currency. This could help to make cryptocurrencies more accessible to a wider range of users, and it could also help to boost the adoption of Web3 technologies. (5/7/2023)-Welcome back to the Crypto Overnighter. My name is Nikodemus, I'll be your host as we take a nightly look at the crypto, NFT, and metaverse space and the industry surrounding it. And keep in mind, nothing in this show should ever be considered financial advice.  Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

In deze aflevering spreken we met Tom Loonen -  hoogleraar Financieel Recht en Integriteit aan de Vrije Universiteit - over onder andere de evolutie van Know Your Customer (KYC) en Anti Money Laundering (AML), de relevante ontwikkelingen voor de toekomst en de nieuwe KYC leergang aan de Vrije Universiteit.Hoe heeft KYC zich door de jaren heen ontwikkeld? In hoeverre was juridisering op dit gebied noodzakelijk om tot de gewenste verandering te komen? En leidt de focus op KYC tot een betere financiële dienstverlening? Waarom worden goed opgeleide KYC-specialisten nog belangrijker als gevolg van de risk based approach? Welke impact gaat AI hebben? In hoeverre is er voldoende aandacht voor de andere poortwachters, zoals notarissen, makelaars, warenhuizen, autohandelaren en accountants? En wat mag je eigenlijk verwachten van een private partij? Wil je meer weten over Tom Loonen zelf, luister dan de podcast Leaders in Finance.---> Volg de Compliance Adviseert Podcast via de Website en LinkedIn. ---> Compliance Adviseert wordt mede mogelijk gemaakt door Hyarchis, Partner in Compliance en Deloitte.

As the number of choices available to banking customers in the UK has grown to include non-traditional platforms, the pool of institutions that regularly report SARs has expanded and diversified. Terms such as ‘challenger bank', ‘digital bank', ‘FinTech', ‘e-wallet', ‘e-money' and ‘cryptocurrency exchange' are now commonplace within the SARs regime and the terminology used to discuss these reporters can be crucial to understanding the different services that they offer. In this podcast, we chat with Mike Venn, the Group Head of Risk and Compliance with Modulr to try and get a better understanding of this area. 00:00 Introduction 01:23 Modulr introduction 03:21 Emerging, mobile-based firms 05:44 Clarification of services offered 07:11 Know Your Customer (KYC) 09:45 Identifying suspicious activity 12:05 Interaction with the UKFIU 14:03 Conclusion Resources mentioned in this podcast UKFIU pages on the NCA website: https://nationalcrimeagency.gov.uk/what-we-do/crime-threats/money-laundering-and-illicit-finance/suspicious-activity-reports https://nationalcrimeagency.gov.uk/what-we-do/crime-threats/money-laundering-and-illicit-finance/ukfiu SARs In Action magazine issue 18: https://nationalcrimeagency.gov.uk/who-we-are/publications/625-sars-in-action-december-2022/file

We sat down with Colum Lyons Founder & CEO at ID-Pal As always we sat down and talked everything leadership, business growth and personal growth.Founded in 2016, Dublin-based ID-Pal offers organisations market-leading identity verification services. ID-Pal harnesses the power of technology to enable any business to verify identities and addresses in a matter of seconds by cross-referencing AI-led biometrics with document and database checks.The award-winning ISO 27001 solution streamlines the identity verification process in a way that guarantees GDPR compliance, including for Anti-Money Laundering (AML) and Know Your Customer (KYC) purposes. In October 2022, ID-Pal received government certification for digital Right to Work and Right to Rent checks in the UK.ID-Pal has been flying over the last number of years winning numerous Awards in the Payments Industry and successfully securing €7 million in Series A funding round as it continues to scale at pace. This new wave of funding will allow the Dublin-based identity verification company to further scale its global sales and marketing efforts to meet the growing demand for the solution following its official UK launch earlier this year.

Andrew Janssens hosts Joe Robinson, Co-Founder and CEO of Hummingbird, a regtech helping banks and fintechs fight financial crimes with better communications and platforms to investigate Anti-Money Laundering (AML) and Know Your Customer (KYC) incidents. In this episode you will hear about: - How Joe came to found Hummingbird after experiences at Square and Circle - How fintechs can stay ahead of the newest forms of financial crime - How banks and fintechs are navigating the crypto universe and financial crime - Building a distributed team and what's next for Hummingbird About Joe Robinson Joe Robinson is the co-Founder and CEO of Hummingbird. He started his career in product management within FinTech and has held roles including VP of Risk and Data Science at Circle, and Senior Product Lead at Square. About Hummingbird Hummingbird is a platform that enables fintechs and financial institutions to conduct their investigations into potential financial crime. For more FinTech insights, follow us below: WFT Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech WFT Instagram: instagram.com/whartonfintech Andrew's Twitter: twitter.com/Adhjanssens Andrew's LinkedIn: linkedin.com/in/andrew-p-janssens/

Regulatory technology (or regtech) is expected to be worth over USD 87 billion by 2028, but it is an underdeveloped fintech segment in the Caribbean region. Regtech expert, Jennifer Potter, gives us a primer on regtech, and discusses, among other things:   the other industries, besides banking and financial services, in which regtech can be applied;  how regtech can improve the customer experience regarding the Know-Your-Customer (KYC) rules and anti-money laundering (AML) compliance obligation; and key things organisations should consider before they decide to integrate regtech into their operations.   The episode, show notes and links to some of the things mentioned during the episode can be found on the ICT Pulse Podcast Page (www.ict-pulse.com/category/podcast/)    Enjoyed the episode? Do rate the show and leave us a review!     Music credit: The Last Word (Oui Ma Chérie), by Andy Narrell Podcast editing support:  Mayra Bonilla Lopez   ---------------- Also, *Sponsorship Opportunities!* The ICT Pulse Podcast is accepting sponsors! Would you like to partner with us to produce an episode of the podcast, or highlight a product or service to our audience? Do get in touch at info@ict-pulse.com with “Podcast Sponsorship” as the subject, or via social media @ictpulse, for more details. ------  

Trust in banking hinges on the ability of financial institutions to safeguard identities and keep consumer and business data private, particularly during online account opening and onboarding. Unfortunately, traditional Know Your Customer (KYC) and Know Your Business (KYB) verifications is often synonymous with tedious and manual processes, friction, and onboarding delays. The longer these processes take, the greater the negative impact to client acquisition. My guest on the Banking Transformed podcast is Chris Luttrell, the CEO of IDology. She discusses what can be done to foster trust across the entire customer journey, while improving the customer experience for consumers and businesses. This episode of Banking Transformed Solutions is sponsored by IDology ExpectID® Business is an automated KYB solution that is imperative for any business that wants to remain competitive. With ExpectID® Business, IDology has combined KYB and KYC due diligence with multiple layers of risk detection and fraud intelligence into one powerful, programmatic solution. The solution goes beyond KYB and KYC verification to provide a holistic perspective of the risk associated with both the business and the primary user. For more information visit https://www.idology.com/business-verification/

On this episode of Campfire, Jackson speaks with Dakotah and Marcus from Cohere, a member-owned network of co-living communities around the world. They use cutting-edge web3 technologies to create a network of changemakers to address the most pressing issues today.Gather ‘round the crackling fire with us to hear more about how the digital world is merging with the physical. How can we create successful co-living experiences? Topics Covered: Cohere's goal to create the most successful co-living experience — (00:16)Best principles when establishing co-living spaces — (01:42)How Cohere vets their community members — (03:00)Cohere's locations and how to choose spaces to seed — (07:46)Income inequality and coliving communities — (10:17)Regenerative agriculture— (15:15)How Cohere addresses the legal challenges for groups that want to own land together — (17:51)Know-Your-Customer (KYC) investment concept— (21:50)Cohere's corporate and governance structure— (29:50)Organized intentional space for contributors — (30:40)Cohere's NFT program — (33:48)How a stonemason can own a part of Cohere  — (36:48) (also at 46:17)Cabin as an embassy to the DAO ecosystem (40:00)Marcus and Dakota's “Why” — (43:20)Want to learn more about what new technologies are waiting to be released? Follow us on Twitter or join our Discord to find out what's in store for us and how we make use of Web3 in both digital and physical space. See you at the next Campfire

David Puth is CEO, and Kim Hamilton Duffy is Director of Identity and Standards at Centre, an open-source technology project launched by founding members Circle and Coinbase. Centre has launched a set of decentralized identity protocols designed to give users direct control over how, when, and where their personal information is shared when doing business in the crypto economy. Why you should listen: Verite is a set of open-source identity protocols, built to enable trust, transparency and interoperability within the crypto ecosystem.  Verite's flexible architecture interacts with the increasingly open and interoperable world in which we live. Users will be able to custody their own credentials and maintain their privacy by sharing only the information necessary to verify a particular claim. Verite will enable the privacy-preserving issuance and validation of Know Your Customer (KYC) credentials, allowing users and organizations to validate their identity across the crypto ecosystem. Centre Consortium founding member Circle and launch partner Block, and a number of other leading crypto-focused companies have already announced their intention to develop products using Verite standard credentials. Supporting links: Centre Verite Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.

Malcolm Wright is the founder of InnoFi Advisory. As a former Chief Compliance Officer at a large cryptocurrency exchange, Malcolm now advises companies on ensuring responsible innovation in digital finance. All companies, and their compliance officers, need to be familiar with cryptocurrencies and the trend towards decentralized finance. Malcolm describes how current compliance concepts such as “Compliance by Design” and “Know Your Customer (KYC)” are still applicable in the crypto space and gives practical advice to legal and compliance professionals on how to navigate in the crypto future.  The year 2021 brought with it an explosion of different non-fungible tokens (NFTs) used for funding projects of all shapes and sizes, which often happens in decentralized finance where the whole ecosystem is run by smart contracts - automated contracts driven by code. Having an NFT is basically a digital certificate of provenance. The emergence of these NFTs and their uses has heralded the creator economy, and will revolutionize the way culture, finance, and our societies work. For the last few years in crypto, there has been significant focus on centralized exchanges and custodians, but recently focus has shifted towards other areas of risk. At InnoFi, they consider how risks can present themselves not only from an anti-money-laundering perspective, but also a consumer protection perspective.  Resources Malcolm Wright on LinkedIn To learn more, and contact Vincent Walden, please visit Alvarez and Marsal 

Today's guest on The Fortune Teller podcast is Leo Matchett, Co-Founder and CEO of Decentralized Pictures (DCP). Decentralized Pictures is a 501c(3) nonprofit organization with the idea that artistic talent may be discovered innovatively. Through user consensus, Decentralized Pictures has set up a democratic film fund, an online community of creatives, film-fans, and industry professionals who choose who is most deserving of our support. One can submit their idea, and if the community agrees, we will help you make it. We will help finance it, and introduce you to the people who will help you execute it professionally. Decentralized Pictures discovers great talent and curates content. DCP will offer awards to winners in the user community. Competitions with various levels of financing awards will initially be offered for proposed documentaries with social impact. Users will review and rate those proposals, providing opinions to help determine the winner(s) of each award. Further, finalists and winners will be matched with DCP's network of industry partners that will assist these aspiring filmmakers in realizing their films and launching their careers. An open-door policy and the chance for anyone to prove themselves on talent, vision, and sweat alone is what DCP is all about. Through our platform currency, FILMCredits, and powered by incentive mechanisms, our ecosystem enables decentralized participation, crowdsourced curation and, eventually, autonomous financing. As such, it creates an alternative to the traditional system that defines the film industry today. We feel that giving access to those who deserve it, will inspire and empower a new generation of artists. Due to various regulatory bodies, every user undergoes Know Your Customer (KYC). This allows you to be sure that every community member is a real person and that their vote is legitimate. The aforementioned FILMCredits are fuel for the platform. Users can stake them on their favorite projects, pay others to review their own submissions as a bounty, or simply purchase entry vouchers to pay for application fees for various creative financing rewards. Submission fees help to incentivize our community to read, rate, and review your project! The submission fee will be divvied up amongst the reviewers based on accuracy, stake, reputation, and timing of the review. Film revenues are divided into various pools. DCP acts as the financier, and all the net revenue recouped in this pool will go o the film fund for future financing rewards. As for the winner, depending on whether they are a producer of the film and contracts for a share of this pool, they may share in the producers' pool. For more about Decentralized Pictures, visit: https://decentralized.pictures -- The Fortune Teller podcast is a discussion between industry leaders in blockchain and financial technologies. The podcast focuses on the development of blockchain-based financial services and outlines the current state of the industry and future predictions for the adoption of decentralized finance. Go to www.teller.finance/

Episode 9 of EY's FS Risk podcast series talks about Know Your Customer (KYC) programs – a crucial part of any institution's response to financial crime. Moderated by Doug Nixon (Partner, Financial Services), he is joined by Scott Mandell (Partner, Financial Services) and Nick Davison (Partner, Financial Services) to explore how regulators' expectations are changing and what the future of digital KYC will look like – both for the institutions operating these programs and the customers on the receiving end. See omnystudio.com/listener for privacy information.

This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are discussing Anna's investigative piece on the black market of “verified” accounts on crypto exchanges and payment apps.Know-Your-Customer (KYC) at crypto exchanges might be a painstaking process for users but there is a way to avoid all the troubles by simply buying a verified account in someone else's name, Anna's investigation found. Online forums and Telegram groups where people buy and sell accounts registered to other people count thousands of members and thrive all over the world. Accounts on virtually any exchange, from Huobi to Coinbase Pro, services from Paxful to BlockFi and apps like CashApp, Wirex and Revolut – the offerings are abundant. The price tag, somewhere between $50 and $500 for an account, makes such accounts a cheap and disposable tool for taxation avoidance, money laundering and getting around sanctions and other restrictions. How does the black market of KYC work, what it takes to fool video-verification and what crypto exchanges and payment services are doing about this all? Listen to Ben, Danny and Anna dive into the life of underground black markets and read Anna's piece, For $200, You Can Trade Crypto With a Fake ID.This episode was produced, announced and edited by Michele Musso. Our theme song is by Elision.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are discussing Anna's investigative piece on the black market of “verified” accounts on crypto exchanges and payment apps.Know-Your-Customer (KYC) at crypto exchanges might be a painstaking process for users but there is a way to avoid all the troubles by simply buying a verified account in someone else's name, Anna's investigation found. Online forums and Telegram groups where people buy and sell accounts registered to other people count thousands of members and thrive all over the world. Accounts on virtually any exchange, from Huobi to Coinbase Pro, services from Paxful to BlockFi and apps like CashApp, Wirex and Revolut – the offerings are abundant. The price tag, somewhere between $50 and $500 for an account, makes such accounts a cheap and disposable tool for taxation avoidance, money laundering and getting around sanctions and other restrictions. How does the black market of KYC work, what it takes to fool video-verification and what crypto exchanges and payment services are doing about this all? Listen to Ben, Danny and Anna dive into the life of underground black markets and read Anna's piece, For $200, You Can Trade Crypto With a Fake ID.This episode was produced, announced and edited by Michele Musso. Our theme song is by Elision.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Let's talk about digital identity with Amit Sharma, Founder and CEO at FinClusive. In episode 51, Amit discusses how to address financial inclusion for individuals and organisations – and how identity can both prohibit and enable this. He explores the solutions that are available to facilitate secure Know Your Customer (KYC) and Know Your Business (KYB) processes whilst enabling economic empowerment globally – such as the Legal Entity Identifier (LEI). [Scroll down for transcript] "Legal entity digital identities are equally as important as the individual identities because they form the gateway to be able to access essential and critical financial services." Amit Sharma has engaged in a myriad of roles that intersect financial markets, risk management, regulatory compliance, and international development. He is the Founder and CEO of FinClusive, a hybrid FinTech and RegTech company dedicated to financial inclusion. FinClusive serves the growing fintech, virtual asset/crypto and other non-bank/alternative financial services sector by providing them the ability to establish insured accounts for themselves and their clients through its growing U.S. based bank partners and conduct cross border transactions over crypto/blockchain and traditional bank payment rails—with an embedded full-stack global-standard financial crimes compliance (FCC) platform. Prior to FinClusive, Amit worked in both the public and private sectors, including with Empowerment Capital, Mitsubishi UFJ, and at the US Treasury Department, first at the inception of the Office of Terrorism and Financial Intelligence (TFI), and later as COS to the Deputy Secretary and Advisor to Treasury's senior team under Secretary Henry Paulson. Connect with Amit on Twitter @ASharma_VT and on LinkedIn. Find out more about FinClusive at finclusive.com. FinClusive is a Ubisecure/RapidLEI partner. Read more about the partnership in our press release: www.ubisecure.com/news-events/finclusive-validation-agent-gleis/ We'll be continuing this conversation on Twitter using #LTADI – join us @ubisecure!     Podcast transcript Let's Talk About Digital Identity, the podcast connecting identity and business. I am your host, Oscar Santolalla. Oscar Santolalla: Hello, and thanks for joining. Today, we talk about the role of identity in financial inclusion. And for that our special guest is Amit Sharma. He has engaged in a myriad of roles that intersect financial markets, risk management, regulatory compliance, and international development. He is the Founder and CEO of FinClusive, a hybrid financial technology and regulatory technology FinTech, RegTech company dedicated to financial inclusion. Prior to FinClusive, Amit worked on both the public and the private sectors, including the empowerment capital, Mitsubishi UFJ, and at the US Treasury Department first, at the inception of the Office of Terrorism and Financial Intelligence, TFI, and later as a Chief of Staff to the Deputy Secretary and advisor to Treasury's Senior Team Under Secretary Henry Paulson. Hello, Amit. Amit Sharma: Hello, how are you today? Oscar: Very good. It's a pleasure talking with you, Amit. Amit: It's great to be here. Thank you for having me. Oscar: Great. So Amit, let's talk about digital identity. And of course, the first thing we want to hear from our guests is the journey. Please tell us your journey to this world of digital identity and also FinTech. Amit: Sure. Thank you for that. You listed a little bit on the intro of my bio. I have had the good fortune of being in the development sector. I was a Peace Corps volunteer in Asia. I did development work in Asia as well as in South America. After the tragic events of September 2001, I had the opportunity to join the US Treasury Department, at the time at the inception of what became really a third of the department's efforts to combat illicit finance, both the US and the global anti-money laundering financial c...

Episode 205: General Counsel of Cointelegraph, Zachary Kelman discusses bitcoin regulation, investing, and geopolitics of digital currencies. Guest Biography Zachary Kelman is the managing partner of crypto-native boutique law firm Kelman PLLC as well as General Counsel for Cointelegraph, the world's foremost source of news and information on the future of finance. A New York-licensed attorney specializing in the politica, legal, regulatory issues surrounding Bitcoin, digital currencies, and blockchain technology, Kelman is a thought leader with frequent contributions Cointelegraph and a popular guest on leading podcasts, especially On the Brink with Castle Island with Nic Carter of Castle Island Ventures. He provides a critical international perspective on how monetary policy and the legacy financial system continue to deal with the rise of crypto assets, commenting on subjects ranging from how stablecoins threaten the correspondent banking system to how United States government initiatives like "Operation Choke Point" affect financial inclusion and the efforts of crypto-asset companies to run their businesses. Kelman began his legal career working in-house for major financial institutions such as Credit Suisse and Morgan Stanley in areas including Anti-Money Laundering (AML), Know Your Customer (KYC) and similar critical legal areas essential to legacy financial infrastructure. His intimate knowledge of international transaction monitoring mechanisms uniquely positions him to advise emerging fintech and venture capital crypto companies. Kelman came to prominence in 2014 when he drafted H.R. 5892, the Online Market Protection Act of 2014 — designed to exempt on-chain transactions from most U.S. regulations — which was submitted to Congress that year. He also serves as a member of the Florida Blockchain Business Association's Legislative Committee, having contributed to the development of two bills (H.B. 1351 and S.B. 1758) designed to position Florida as a leading destination for blockchain and cryptocurrency ventures. He formerly acted as chief legal officer and director of Caribbean crypto exchange Bitt, where he worked with Caribbean governments to design early legislation promoting the adoption of crypto assets in the region. He acted similarly for Southeast Asian digital-asset firm Coins.ph, working with the central bank of the Philippines to design legislation in 2017. In this episode, you'll learn: About US regulations and cryptocurrencies Which countries see crypto as an opportunity while others are less welcoming The importance for crypto investors to have a macro thesis and maintain diversification in their portfolios. Show notes: http://www.inspiredmoney.fm/205 Find more from our guest: www.kelman.law Twitter LinkedIn zachary[at]kelman.law Mentioned in this episode: www.cointelegraph.com US Rep Sherman Calls for Crypto Ban Trump calls Bitcoin a ‘scam against the dollar' that needs to be ‘very high regulated' Daniel Kelman Bitcoin Center Nick Spanos H.R.5892 - Online Market Protection Act of 2014 Bitt.com Coin.ph Money Tip of the Week Fidelity Bitcoin Primer Thanks for Listening! To share your thoughts: Leave a note in the comment section below. Share this show on Twitter or Facebook. Join us at the Inspired Money Makers groups at facebook and LinkedIn To help out the show: Leave an honest review on Apple Podcasts, Podchaser.com, or wherever you listen. Your ratings and reviews really help, and I read each one. Subscribe on Apple Podcasts. Special thanks to Jim Kimo West for the music.

Why is KYC so important for corporates? Host Craig Jeffery sits down with Muriel Dewingaerden, Product Manager of KYC Compliance Services at SWIFT, to discuss KYC for corporates. They provide valuable insights on the evolution of KYC, the challenges corporates are facing today, streamlining the compliance process, KYC solutions and more. Listen in to learn how to protect your company from doing business with organizations or individuals involved in illegal activity.

Our episode today talks all about Bitcoin! What is it? How do you use it? Marvin and Kyle didn't know much about this, but thanks to some great research we have the info you NEED!1. Bitcoin2. Altcoins 3. Blockchain 4. Decentralized apps (dApps)5. Altruis6. Digital Currency7. Distributed Ledger Technology (DLT)8. Fiat9. Gas10. Initial Coin Offering11. Know Your Customer (KYC)12. Mining 13. Non-fungible tokens (NFTs)14. Private Key15. Proof of Authority (PoA)16. Proof of Work (PoW)17. Proof of Stake (PoS)18. Public Key19. Public Ledger20. Satoshi Nakamoto21. Seed22. Segregated Witness (SEGWIT)23. Smart Contracts24. Wallet25. Whale

Jim and Jeff talk with Bala Kumar, Chief Product Officer at Jumio, about identity proofing and how it plays a key role in Know Your Customer (KYC) and Anti-Money Laundering (AML) capabilities as part of an identity program. Connect with Bala on LinkedIn: https://www.linkedin.com/in/kbalak/ Learn more about KYX from Jumio here: https://go.jumio.com/kyx-platform-ebook Learn more about Jumio: https://www.jumio.com/ Authenticate 2021 Conference: https://authenticatecon.com/call-for-speakers/ Connect with Jim and Jeff on LinkedIn here: Jim McDonald: https://www.linkedin.com/in/jimmcdonaldpmp/ Jeff Steadman: https://www.linkedin.com/in/jeffsteadman/ Visit the show at www.IdentityAtTheCenter.comand follow @IDACPodcast on Twitter. Have a question for Jim and Jeff? Ask us here: https://anchor.fm/identity-at-the-center/message --- Send in a voice message: https://anchor.fm/identity-at-the-center/message

Editor's Note: The following is a guest article submission that I thought extremely worthy of inclusion on this website/podcast feed. The author can be contacted at anarkio@offtherecordmail.com if anyone has comments or wants to recommend Second Realm solutions. He has started a collaborative list of such alternatives here. Big thanks… The post Know-Your-Customer (KYC): The Rarely Discussed Danger (Guest Article/Audio) appeared first on The Vonu Podcast.

In our first episode we talk to Jan Philippaerts, VP of Compliance Operations, CurrencyCloud about innovations in Know Your Customer (KYC), making your AML operations more efficient, and why strong AML is a key pillar of trust. 

Post By: Adam Turteltaub The need to Know Your Customer (KYC) is not, contrary to popular belief, an issue limited to financial institutions.  A wide range of industries are affected. In fact, in 2020 of the 15 companies penalized by the Office of Foreign Assets Control (OFAC), just two were financial services firms, reports Tracy Manning, Director of Financial Crime Compliance at LexisNexis Risk Solutions. In this podcast she explains that, despite the diversity of affected firms, there are common challenges during this time of pandemic, including difficulty accessing sources for KYC due diligence information and delayed onboarding of new accounts. So great and persistent is the challenge that almost 80% of survey respondents saw this problematic environment remaining for the next 18-24 months. To navigate through these difficulties it’s important to understand the convergence of factors that combined with a pandemic to make KYC so hard. These include a mass shift by consumers to digital interactions, and with it rising expectations for business. Worse, bad actors have followed business online, changing their tactics to capitalize on the new reality, including preying on those working from home. Compliance teams need to rethink their strategies for the new normal, she argues. For example, instead of relying on manual look-back processes geared towards physical identities, they need to explore the digital identity data consumers are leaving their wake. KYC is yet another challenge for a challenging time. Listen in to learn more about KYC and protecting your business.

Dr. Arfika Nurhudatiana adalah seorang AI Scientist di LinkAja yang memiliki latar belakang di bidang deep learning untuk computer vision. Kali ini, Arfika menceritakan pengalamannya dalam menggunakan deep learning untuk verifikasi pengguna yang dikenal dengan istilah Know Your Customer (KYC), mulai dari teknik seperti transfer learning hingga Generative Adversarial Networks (GANs). Beliau juga menceritakan penelitiannya di bidang Massive Open Online Courses (MOOCs) di Indonesia sebagai seorang senior lecturer di BINUS International.

Robin de Jongh, Managing Director Detecting Financial Crime bij ABN AMRO.  Robin groeide op in Zoetermeer. Na bedrijfseconomie te hebben gestudeerd aan de Erasmus Universiteit in Rotterdam, startte Robin zijn carrière in 1996 bij ABN AMRO.  Later studeerde hij ook nog naast zijn werk Accountancy en werd daarmee Register Accountant wat hij vandaag de dag nog steeds is.  Vanaf 2012 vervulde hij diverse management functies, zoals directeur risico management van de Hypotheken Groep, directeur Processes & Control Retail en is hij sinds 2019 managing director Detecting Financial Crime, waar hij indirect en direct leiding geeft aan 2.700 mensen.  Interessant om specifiek te benoemen vond ik ook zijn eerdere functie van ‘programma manager Know Your Customer (KYC) remediation, Panama Papers en Credit Risk management'.  Sinds 2018 is Robin daarnaast gastdocent Corporate Governance aan de Universiteit van Amsterdam.  Robin is jaar 48 oud, is getrouwd, heeft drie kinderen en woont in Almere.   *** Volg Leaders in Finance via Linkedin.  *** Vraag voor een gast? Stel hem! Meer informatie: luisteraarsvraag.  *** Op de hoogte blijven van Leaders in Finance? Abonneer je dan op de nieuwsbrief.  *** Zou je graag een bepaalde gast willen zien bij Leaders in Finance of ken je iemand die je wil voordragen? Laat het ons weten via gasten@leadersinfinance.nl  ***  Vragen, suggesties of feedback? Graag! Via email: info@leadersinfinance.nl  ***  Als je de Leaders in Finance podcast leuk vindt, zou je dan een review willen achterlaten bijvoorbeeld bij Apple Podcasts? Of ons willen volgen bij Spotify. Veel dank, want sommige mensen gaan alleen luisteren naar deze podcast als ze weten dat er genoeg anderen zijn die het leuk vinden!  ***  Leaders in Finance wordt mede mogelijk gemaakt door Interim Valley, FG Lawyers en Bizcuit. Meer informatie over onze sponsoren is te vinden op onze sponsorpagina.   

Join our hosts and Moody’s Analytics Head of Single Obligor Research Dr. Doug Dwyer as they examine the RiskCalc™ EDF™ (Expected Default Frequency) model and the innovations leading to its development. Listen in to hear about the impacts of artificial intelligence, machine learning, and Know Your Customer (KYC) guidelines on credit risk assessment. Learn more about our guest speaker: Dr. Doug Dwyer, Head of Single Obligor Research, Moody's Analytics

Do FCPA considerations come into play for customers? How should you think about your obligations under the FCPA for a group not traditionally associated with FCPA liability or even FCPA risk? These questions and perhaps others are raised by the 2015 FCPA investigation into certain transactions in Venezuela by Derwick Associates (Derwick) and a U.S. company ProEnergy Services (ProEnergy). ProEnergy supplied turbines that Derwick resold to the Venezuelan government and then installed in that country. This investigation demonstrates why businesses need to be more concerned with not only who they do business with but how their customers might be doing business. In banking and financial services parlance, you now need to ramp up your organization’s Know Your Customer (KYC) information to continue throughout a seller-purchaser relationship, in the context of the FCPA. There does not have to be a direct bribe or other corrupt payment made by a U.S. company to have liability under the FCPA. FCPA enforcement is littered with companies that have paid bribes through third-parties. However, as the Fifth Circuit said in US v. Kay, “[W]e hold that Congress intended for the FCPA to apply broadly to payments intended to assist the payor, either directly or indirectly,” [emphasis mine]. While at first blush, ProEnergy may appear to be at the edge of potential FCPA liability; if it knew, had reason to know, or should have taken steps to know about some nefarious conduct by its customer, it does not take too many steps to get to some FCPA exposure. The FinCEN rules on customer due diligence for financial institutions are a good starting point for other commercial entities to base their compliance program for customers around. Three key takeaways:  Non-banking and non-financial service entities need to consider their KYC obligations in the context of FCPA risk. FinCEN rules on customer due diligence are a good starting point for the non-financial institution. Ongoing monitoring should be used and the information incorporated into your customer risk profile going forward.

Worldwide, there has been a race to see which country will launch a digital currency, with countries, such as China, the United States, Great Britain, France, South Korea and the Bahamas, all vying to be first movers. Plans are underway in the Bahamas to launch its central bank digital currency, the Sand Dollar, in October 2020. In our conversation with Cleopatra Davis and Chaozhen Bobby Chen, of the Central Bank of The Bahamas, we learn, among other things: What the impetus was for the Bahamas to develop its own digital currency; How the Sand Dollar may better serve the underbanked and unbanked in the Bahamas; and  How the Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements will be managed for this new digital currency. Show notes and links to some of the things mentioned during the episode can be found at www.ict-pulse.com/category/podcast/ Do subscribe and leave us a review!

In recent years graphs have been increasingly adopted in financial services for everything from fraud detection to Know Your Customer (KYC) to regulatory requirements. At the same time Environmental Social Governance (ESG) investing has become the fastest growing segment of financial services. In this session James Phare, Neural Alpha CEO and Founder, discusses how many of these historical graph techniques are now being enhanced for the era of sustainable investing. Going beyond definitions, let's identify use cases, discuss news and trends, and wrap up with an ask me anything session. Graph Databases have been rapidly adopted within financial services since 2008 financial crisis as regulatory drivers have mandated Banks, Asset Managers and others to ramp up efforts to understand their customers better (KYC), report to regulators more precisely in areas such as data lineage and prevent fraud and sanctions breaches. In recent years there has also been a trend towards a ‘greening' of financial services driven partly by regulators but also by a new generation of financial consumers demanding investments that no longer damage the environment or society at large. Environmental Social Governance (ESG) investing is now the fastest growing segment of the Fund Management industry with the number of funds growing 80% since 2012 to now exceed $1.8tn in assets. In this talk James discusses what he's been up to recently in his day job as CEO of Neural Alpha – a sustainable fintech based in London. He will give an overview of why he sees graphs as an essential part of the technologists' toolkit for making the financial industry more sustainable, some of the challenges in large scale, graph centric data integration projects and some of the unique analyses possible from leveraging the power of the graph. James will give a deep dive into how the team are using graph technology to develop tools for the financial industry to more thoroughly screen investments and develop new products. He will also show these tools are being used by NGOs and researchers in the fight against deforestation in projects such as www.trase.finance and in the process are exposing instances of fraud, political corruption, labor rights abuses and other barriers to sustainable investment. Slides available here: https://www.slideshare.net/ConnectedDataLondon/graphs-in-sustainable-finance

This kind of Paytm scam involves the victim getting an SMS or email, asking them to update their Know Your Customer (KYC) details on Paytm or their account would be blocked. ... Then the scammer asks the victim to transfer an amount as little as Re 1 to validate whether the KYC process has been completed.

 Small businesses represent 43% of the US economy, yet many are struggling to access Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration, under the US Coronavirus Aid, Relief, and Economic Security (CARES) Act. Many US banks are unable to offer services to new small business customers in a timely manner, due to the complex nature of Bank Secrecy Act (BSA) rules and obligations. Fenergo has launched a plug-and-play solution that allows US business and commercial banks to digitally onboard new clients, while digitally satisfying Know Your Customer (KYC), Anti-Money Laundering (AML) and BSA requirements, reducing the time to onboard and rapidly process new PPP loan applications. 

It goes without saying that Know Your Customer (KYC) has been the bane of corporate treasurers’ lives for many years. With more than 1.3 million bilateral correspondent banking relationships across the industry, and countless more for corporates, how is SWIFT meeting the challenges and the needs in this complex arena?

It goes without saying that Know Your Customer (KYC) has been the bane of corporate treasurers’ lives for many years. With more than 1.3 million bilateral correspondent banking relationships across the industry, and countless more for corporates, how is SWIFT meeting the challenges and the needs in this complex arena?

Over the last couple of years, Dawid Jacobs has noticed an increasing number of people jumping onto the Identity Management bandwagon. But without any knowledge thereof, even zero knowledge regarding fingerprints, biometrics etc. Frustrated by seeing more and more people posting inaccurate and in many cases false information, Dawid asked to come on my daily tech podcast to set the record straight. Dawid Jacobs is a prominent Identity Management Specialist in South Africa. He received intensive training in the South African Police Service as a Fingerprint Expert and Crime Scene Forensic Investigator (CSI). During his career in the South African Police Service as a Fingerprint Expert, he identified, matched and verified Hundreds of thousands of fingerprints and crime scene fingerprints. On numerous occasions, Dawid was called on to testify in the highest courts of South Africa in his Expert capacity to authenticate the identity of individuals involved in various crimes. Dawid also compiled study material on Fingerprint Identification and the Investigation of Crime Scenes for Forensic educational institutes. He has also been invited to various conferences, published media, radio and television shows in South Africa to provide professional input on Identity Theft and how to Protect an Identity. Dawid has been part of the creation of the first Pro-Active Identity Protection and Verification system which allows for various methods of Authentication which include Automated and Physical (Forensic) Fingerprint Identification Systems, a Verified Trust Exchange solution and Blockchain Identity Attestation solution. All these solutions are based on the Critical importance of optimized accuracy in the enrolment phase of an Identity, utilizing Forensic Protocol procedures. The Identity Management Solutions Dawid has been involved in, was created for the Global market and focusses on making every individual economically inclusive as well as to reinstate trust between institutions and their customers. Diverse Authentication Library (Pty) Ltd (DAL) is comprised of “Identity Management Specialists” with over 100 years of collective experience in Automated Biometric Identification Systems (AFIS and ABIS), law enforcement solutions, expert fingerprint analysis and forensic expertise from around the world. DAL is a South African company focussing on providing niche services in the Identity Management arena. By combining Identity Management with Software-as-a-Service (SaaS) principles with our experience and expertise a “Disruptive Innovation” was created – Identity-as-a-Service (IDaaS). A fully independent solution to “Know Your Customer” (KYC) that not only proves who the person is or where that person can be reached, but also returns trust between Institution and client. They link the Single Existing Real-World Human Being to the Cyber-World Single “Digital Twin” with forensic protocol and have therefore also optimized the Self-Sovereign Identity principle, to a REFERENCED Self-Sovereign Identity. Our form of regulatory compliance is just what the “FinTech" revolution has been crying out for. DAL is a total Independent Identity Management solution service provider, with no bias to any country, government or political party. The DAL MASTER Identity is a Permanent Persistent Identifier of the Single Existing Real-World Human Being. All Identities stored and protected by DAL remains the ownership of the registered owner thereof. DAL is only the custodian of Identities with the consent of the owner in the Independent Global Referenced Identity Library.

Brave, a privacy-focused browser headed by Brendan Eich, is the creator of the Basic Attention Token (BAT), used in the Brave browser to monetize an attention economy that is fair to creators, advertisers, and users. Brave uses a third-party wallet service called Uphold to facilitate this process. They are now requiring KYC (know your customer... Read More » The post Brave’s New KYC and the Future of Crypto appeared first on ⋆ Crypto Ramble ⋆.

Minister Tharman Shanmugaratnam, chairman of the Monetary Authority of Singapore recently hailed new virtual bank licences as the next chapter in Singapore's banking liberalisation journey. Virtual banking seems to represent a new chapter in Singapore’s journey as a world-class financial hub, it is also an important milestone in the city-state’s ambitions to be a leading artificial intelligence (AI) hub. AI is playing an increasingly important role in global banking operations across areas such as with Know Your Customer (KYC), anti-fraud, and credit scoring solutions. Jefferson Chen, CEO of ADVANCE.AI, and also a Partner at GSR Ventures, a leading venture capital firm in China who was the first investor in “unicorn” internet companies explains more. 

It was a busy news week for PKI and authenticated identity, and our hosts run through four current stories to clarify them. Tune in to learn the latest about the Dragonblood WPA3 vulnerability, Russian spoofing of GPS/GNSS navigation signals, Know Your Customer (KYC) for social media sites, and a Chinese national's apparent attempt to install a USB rootkit somewhere in Mar-a-Lago.

Pete Cherecwich, president of Corporate & Institutional Services (C&IS) at Northern Trust, joins the podcast to examine the challenges that firms face today when trying to offer convenience through technological innovation, while also making sure that these services are secure—the old security-versus-convenience debate, but on an enterprise scale. Also, Bloomberg intends to exit two key businesses and WatersTechnology has a new reporter. Pete Cherecwich 1:00 Pete joins the podcast 2:30 Security versus convenience 4:00 The problem with trying to monetize internal data 5:30 Navigating convenience and functionality 10:00 Changing the culture and organization 13:30 The problem with tech disintermediation 15:30 The blockchain question 18:30 Is an industry data utility the right answer? 20:30 GDPR 23:00 Security best practices 24:30 Northern Trust is partnering with Bloomberg to offer custodial data 27:00 C&IS’ product roadmap for 2019 https://www.businesswire.com/news/home/20190326005582/en/Northern-Trust-Drives-Front-to-Back-Office-Integration-Asset https://www.waterstechnology.com/data-management/4080856/northern-trust-aims-to-automate-institutional-transfer-agency https://www.waterstechnology.com/technology/4047886/northern-trust-plans-wider-blockchain-rollout-in-2019 In the News 30:00 Some big, exclusive news: Bloomberg intends to exit its Sell-Side Execution and Order Management Solutions (SSEOMS) and its Know-Your-Customer (KYC) businesses, which includes Entity Exchange and Entity Intelligence. https://www.waterstechnology.com/data-management/4248511/bloomberg-plans-to-exit-sseoms-kyc-business-lines 36:00 Introducing WatersTechnology’s newest reporter, Rebecca Natale!

Chuck Papageorgiou is the Founder & CEO of WorldWatch Plus - The next generation Know Your Customer (KYC) due diligence, Anti-Money Laundering (AML), and fraud risk mitigation solution for operations, compliance, and risk managers. WorldWatch Plus provides a secure and easily-integrated KYC/CDD compliance solution through a platform that significantly reduces fraud and reputation risks while lowering operational costs. Chuck shares with Bruce Burke about the past, present and future of WorldWatch Plus. What differentiates them from traditional and legacy providers and what makes WorldWatch Plus four times faster with the accuracy you expect. For more information www.worldwatchplus.com Chuck will be presenting at our upcoming #PAY Symposium & Exposition, being staged August 20 - 21, 2019 at Caesars Palace, Las Vegas. We'll be announcing Chuck along with the others in our first round speaker announcement on April 2, 2019. Register at www.paysymposium.com --- Support this podcast: https://anchor.fm/bruce-burke/support

MapableUSA.com: In today’s crowdfunding environment, any asset class can now be tokenized using blockchain technology. But just as new technologies emerge and disruption occurs, security and compliance become an issue when it comes to the tokenization of equity. Listen to this podcast episode where Mark Elenowitz, President of Horizon Globex, explains how his company is solving these problems with their software tokenization platform and their private label app that helps companies tokenize assets in a compliant manner which satisfies the requirements of the SEC and FINRA in terms of “Know Your Customer” (KYC) and Anti-Money Laundering (AML)

In 2012, Wayne Johnson co-founded encompass corporation, a SaaS business driven by the belief that the best decisions are made when people understand the full picture. As CEO of encompass, Wayne has lead the creation of the company’s Know Your Customer (KYC) automation software for the banking, finance, legal and accountancy sectors.

Susan Brazer is a digital and mobile transformation exec. She has launched disruptive digital media and mobile platforms globally and has worked for companies such as Apple, DirecTV, Viacom, and Nokia. Currently, Susan is an investment advisor with Decentralized Global and the CEO of LionShare Media. LionShare is a platform that integrates video streaming and blockchain tech to create a decentralized distribution platform. This episode gives us an inside look into both businesses and uncovers various aspects of investing in blockchain.   Topics covered: - How Susan and Decentralized Global evaluate companies to invest in. - Investment strategies: long-term hold, quick exit, or a mix? Every deal is unique. - Evolving security laws, Know Your Customer (KYC) and Anti-Money Laundering (AML). - Countries fostering innovation and welcoming ICOs. - Negative and positive experiences working globally. - The excitement around blockchain space and how the speed of change is faster than other technologies in the past. - How blockchain tech is changing the media space, including media delivery apps for content creators, helping to make way for “frictionless media.” - Advice for people who want to get involved in the blockchain industry.   Resources Links: https://www.linkedin.com/in/susanbrazer https://twitter.com/sbrazer http://www.lionsharemedia.com https://www.thundercore.com https://zilliqa.com susan@lionsharemedia.com    

In this episode, Sam speaks with Ashley Hoey, CEO of Rapid ID, about tech disruption of Know Your Customer (KYC) and anti-money laundering (AML) processes. Hear how this Aussie start up is providing its clients with solutions to prevent identity crimes and conduct due-diligence for global transactions. RapidID offers simple, scaleable, automated solutions that help their clients meet all their global anti money laundering and counter terrorism funding obligations.

IdentityMind provides software to various financial institutions, money transmitters and money service organizations, including Bitcoin exchanges. The purpose of the software is to help companies meet Anti-Money Laundering (AML) and Know Your Customer (KYC) government requirements. Most recently, IdentityMind has begun to put more focus on Initial Coin Offerings (ICO) and Security Token Offerings (STO). In order to be successful and go the distance to fund a business or purpose, ICOs and token sales must meet all government requirements and comply with all money laundering rules and regulations. It can be a daunting task for anyone, especially when you should be focusing on the ICO itself. IdentityMind's latest plug-in software is where the solution may be. Their digital currency, regulatory, and risk management experience, can take the regulatory work off your plate. The plug-in operates a system of checks and balances preventing your ICO from running in countries you are not allowed to, or perhaps wouldn't want to, do business. It also provides a turnkey SaaS solution that performs a KYC and AML checks on prospective ICO participants and ensures you are government needs in most countries. For more information, please visit: https://identitymindglobal.com/

IdentityMind provides back-end software to 25 cryptocurrency exchanges that helps them meet various government standards for anti-money laundering (AML) and Know Your Customer (KYC) requirements. This reduces the risk of fraud and identity theft on exchanges, which is a huge concern–if an exchange is hacked, the hacker can get large amounts of money, anywhere in the world, and no one will know who you are. The IdentityMind software can share meta data with all of the exchanges that use it, so a successful customer onboarding on one exchange can be shared with all the rest. The key to reducing the risk to exchanges lies in customer onboarding, by creating a tiered classification of the risk that each customer poses, with different validation techniques for each tier. All of this is done on the back-end, so that customers of each exchange doesn't necessarily know that it is taking place. IdentityMind is also working on a software plug-in that can validate customers against AML/KYC regulations worldwide, depending on where they and the exchange are located.   For more information, visit www.identitymindglobal.com.

Djuri Baars, Blockchain Specialist at Rabobank Group presents the case study: 'Rabobank’s KYC proof-of-concept: Harnessing blockchain for efficient and secure on-boarding of customers'. Banks are required to perform customer due diligence to prevent bank services being used for criminal activity, also known as Know-Your-Customer (KYC). The high cost of customer acquisition is very high because of fragmented and single use data sources. Blockchain technology could potentially play a role in a shared services model for identity and related which could lower cost and improve on-boarding efficiency for any organization requiring validated identities. This session will explore the findings of their proof-of-concept and highlight challenges and opportunities. Find out more about TechNOVA here >> bit.ly/2zHh9tD

When was the last time you considered the health of your company’s third party management program? A good way to test that well-being is to perform a check-up on your third party program. An article entitled “Third Party Essentials: A Reputation/Liability Checkup When Using Third Parties Globally”, provided a manner for the compliance practitioner to test an “organizations health status concerning your relationship to your third parties.” The article provided seven points that you can consider in a self-assessment: Do you have a list or database of all your third parties and their information? Does your company have a full list of all third parties including such basic information as name, location, type of services provided, contract files and dates, principals of the third party and primary contact, due diligence files and any other information you might need to manage the third party relationship going forward? When was the last time this list was checked or updated? Have you done a risk assessment of your third parties and prioritized them by level of risk? You need to check and double-check which third party services present the greatest risk to your company by asking some of the following questions: (a) Is the third party’s service critical to your business?; (b) Is the third party’s service performed with little company supervision or oversight?; (c) Does the third party have access to any company funds, resources or assets?; (d) Can the third party fund the company contractually?; and (e) Does the third party obtain any foreign governmental licenses, certifications or other approvals for your company? When was the last time you asked these questions of the Business Sponsor or Relationship Manager. Do you have a due diligence process for the selection of third parties, based on the risk assessment? You should use the information determined through the risk assessment to “tailor the level of diligence to the level of risk.” Assign a risk profile to categories, such as high, medium and low. The higher the risk, the more due diligence will be required to vet the third party. Do you receive updated due diligence reports on a quarterly, semi-annual or annual basis? Once the risk categories have been determined, create a written due diligence process. Obviously you need to have a written policy and defined procedures to implement your due diligence policy. However, when was the last time it was reviewed or updated? What happens if you the compliance professional is hit by a bus coming to work? Would a substitute know what to do or would there be a written reference for your replacement? You should consider the following: (a) who is responsible for implementation; (b) list of red flags and how such red flags are to be dealt with and cleared; (c) a procedure to pay for any due diligence performed; (d) reference checks on third parties; (e) procedures for in-person interviews for third parties in a high risk category; (f) conflicts of interest checks, and (g) process for documentation and storage of all of the above information. Once the third party has been selected based on the due diligence process, do you have a contract with the third party stating all the expectations? When was the last time you considered your compliance terms and conditions or reviewed all of your third party contracts to ascertain if they include compliance terms and conditions: (a) anti-corruption and anti-bribery certification; (b)requirement that the third party maintain accurate books and records and that your company has audit rights; (c) indemnity rights; (d) anti-corruption and anti-bribery training for the third party’s employees; (e) an anonymous reporting mechanism for ethics complaints; (f) require the third party to obtain pre-approval to subcontract out any of its work for your company; (g) require the third party to report any ownership change back to your company, and lastly (h) clear termination rights. Relationship Managers. Just as your company would never have an employee who is not supervised, your company should not have a third party which does not have company oversight. Do you rotate Relationship Managers? What training has the compliance function provided to them as the company’s point of contact for third parties? Red flags review. When was the last time you checked on your third parties for any new red flags which may have arisen after the initial due diligence was performed or completed? At what interval do you update or renew your due diligence? How about a change from the company side regarding sales, sales practices, products or services which might become high-risk? Many companies understand the maxim “Know Your Customer (KYC)”, nevertheless, in today’s global economy this maxim may well need to be expanded to “Know Your Third Party”. The bottom is that that there is no out, no; when it comes to third party risk management and third party compliance efforts. A good place to start is with a third program party checkup. Three Key Takeaways What is the health of your third party risk management program? When was the last time you reviewed and updated your third party database list? Expand your KYC thinking to Know Your Third Party. This month’s podcast series is sponsored by Opus. Opus helps free your business from the complexity and uncertainty of managing the risks associated with your customers, vendors, and third parties. By combining the most innovative Third-Party Risk Management and Know Your Customer Compliance SaaS platforms with unparalleled data solutions, Opus turns information into action so your business can thrive. Opus solutions include Hiperos 3PM accelerator, the leading platform for third party risk management. To learn more, go to www.opus.com.       Learn more about your ad choices. Visit megaphone.fm/adchoices