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KYC For Businesses - A Deep Dive My Research Items

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Publish date: 6 Jun, 2018
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With the ever-increasing complexities of the business landscape and growing regulatory scrutiny over Anti-Money Laundering (AML)/Countering Financing of Terrorism (CFT) concerns, the scope of KYC (Know Your Customer) based onboarding has evolved over the past few years and has now started addressing KYB (Know Your Business). MEDICI has always been interested in tracking developments across several new technologies and FinTech business models which solve major problems for consumers as well as businesses. KYB is one such area in which we have been conducting deep-dive studies to understand the use cases, market potential, and current applications.
The objective of this study was to understand the traditional and automated approaches to the KYC process, including the complexities involved in international business verification. 

KYC For Businesses - A Deep Dive

Table of contents
  • Introduction to Digital KYC & KYB 
  • Traditional vs. e-KYB Process
  • Current Regulatory Challenges
  • Complexities of International Business Verification
  • Know Your Business Use Cases
  • Market Size/Demand
  • Trulioo’s Global Business Verification Solution.