There’s no way for blockchain-based businesses, financial service providers or banks to bypass Know Your Customer (KYC) processes. But existing KYC solutions that have been developed over the years, ...

KYC and AML complicance can be considered as the most costly policies to implement and maintain. Furthermore, it is one of the factors holding back the financial innovation as early-stage startups ...

Identity verification—also known as know your customer (KYC)—has become a vital part of both government and business operations. Whether applying for a visa, opening a bank account or onboarding new ...

Forbes contributors publish independent expert analyses and insights. Know-your-customer and know-your-business compliance measures are potentially massive use cases for blockchain technology hitting ...

Billions Network has launched its mobile identity app for Android and iOS, offering AI-resistant, privacy-preserving verification using NFC-based document checks and zero-knowledge proofs.

While most crypto exchanges have begun implementing KYC mandates, investors still have the choice to opt for crypto exchanges that promote greater anonymity by not imposing KYC. Many see implementing ...