Know Your Customer (KYC)
In an increasingly global economy, financial institutions are more vulnerable to illicit criminal activities. Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing.
What is KYC?
Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering...
The KYC process explained
Take a look at the key KYC processes that enable financial institutions to ‘know their customer’...
What is an Ultimate Beneficial Owner (UBO)?
Ultimate Beneficial Owner (UBO) legislation has been put into place to give banks and corporates clarity...
What is Customer Due Diligence (CDD)?
In the world of Financial Crime Compliance (FCC), customer due diligence (CDD) is an important and...
The KYC challenges for corporate treasurers
KYC checks are one of the top three challenges corporate treasurers face in their banking relationships.
The KYC challenges for correspondent banks
Banks are looking to streamline their KYC processes for business to continue to thrive, improve client...
Embrace shared solutions to meet the new reality of instant payments
Build approaches and standards that benefit the whole community.
Solving the KYC Conundrum
Drawing on discussions with numerous treasurers around the world, this white paper delves into the difficulties...
Achieving standardisation in KYC compliance
Standardisation brings efficiency gains in compliance processes
How big is your KYC data?
Access to high quality, standardised data is key to keeping on top of your KYC requirements.
Latest news about Know Your Customer (KYC)
Enabling smoother Know Your Customer (KYC) processes for corporates
SWIFT’s KYC Registry now enables corporates to efficiently manage and share KYC data with their banking...
What does the 5th AML Directive tell us about registries and their role in combatting financial crime?
With the recent introduction of the 5th AML Directive, registries are set to play a more...