We’re looking forward to exhibiting next week at the sixth annual LendIt FinTech USA conference in San Francisco on April 9-10. The conference was focused on online lenders when it was first started in 2013 and has expanded to include FinTech, digital banking, and a co-located event covering blockchain in financial services.
The identity industry’s flagship industry, the KNOW Identity Conference, is only a few days away. We’ve been looking forward to sharing our ideas and expertise with the community shaping the future of the industry. Hosted by One World Identity, the conference brings together a unique combination of leaders in the cybersecurity, trust & safety, and […]
In one of our recent webinars, Sarah Hody, of the law firm Perkins Coie stated that “If a token is administrating or exchanging virtual currencies, FinCEN could deem the ICO issuer a money transmitter, which would require them to be registered under the federal BSA guidelines.” Well, FinCEN recently revealed a letter where they state […]
Regulated institutions are required to screen potential and existing client data against lists of people, countries and business entities they are forbidden from working with. These lists are provided by domestic and international regulatory bodies, such as the US Treasury’s Office of Foreign Asset Control (OFAC), or the UK’s Office of Financial Sanctions Implementation (OFSI). […]
Last week, the SEC asked to speak with us. The SEC has been very active recently, issuing numerous subpoenas. Interestingly, we are not conducting an ICO, presale or SAFT. Instead, we support companies who are, providing Know Your Customer (KYC) support, sometimes called AML/KYC.
The latest release of the IdentityMind platform, version 1.37, is out. This release boosts the coverage we provide through sanctions screening lists, adds an advanced statistical analysis tool for transaction monitoring, and delivers a few bug fixes with document verification.
Next week’s inaugural Money20/20 Asia in Singapore is shaping up to be a great conference, bringing together the vibrant payments and FinTech community from some of the world’s most dynamic markets. Established incumbents will be rubbing shoulders with scrappy start-ups, regulators, and thought leaders to share and shape their thoughts on the existing and potential […]
The latest release of the IdentityMind platform, version 1.36, is out. This release strengthens verification capabilities for merchant onboarding, allows more granular geographic blocking and continues to build the AML UI. AML Transaction Monitoring Because a good transaction monitoring platform helps analysts manage the volume and complexity of transactions associated with AML Transaction Monitoring processes, […]
Risk and Compliance can look complicated from the point of view of an ICO-issuer. For some issuers, risk and compliance is not part of their every day business, and simply a newly required step for the ICO. However, for all issuers, regulators want to know that they have performed due diligence (KYC – Know Your […]
The latest release of the IdentityMind platform, version 1.35, is out. In this release, we’ve continued to broaden the range of widgets offered, new AML capabilities, fine-tuned email security testing, and added a range of document verification improvements through our integration with Mitek. AML Transaction Monitoring AML Transaction Monitoring is a core area within our […]