We are sorry but this service is not available in your location.
The Financial Action Task Force (“FATF”), the global money laundering and terrorist financing watchdog, has completed a 12 month review of the implementation of its revised standards regarding Virtual Assets and Virtual Asset Service Providers (“VASPs”). The FATF has highlighted that further guidance is needed on Virtual Assets and VASPs. The FATF carried out a 12-month
For several years, almost all U.S. financial institutions have been subject to strict AML compliance requirements. Failure to follow these requirements can have severe consequences – including loss of an institution’s ability to conduct business. However, some financial institutions have not been subject to these requirements. Now with new FinCEN regulations in place, the situation is changing.
Here’s our update on how we’ve been preparing for iOS 14 support in Veriff. iOS SDK We’ve performed extensive testing for compatibility with iOS 14 starting from its early beta versions, and we identified that the Veriff SDK works well with iOS 14 without any technical glitches, based on our knowledge. Since the changes in
We take a look at what KYC is, the different types that are needed, and why it might be helpful to turn to an external provider for assistance. What is KYC and why is it needed? KYC stands for ‘Know Your Customer’. Financial institutions are legally obliged to comply with KYC procedures to identify customers,
When we ask the question ‘what is the world’s strongest passport’ we are not referring to which one would win an iron man contest. Rather, we are asking about how trustworthy it is, how many diplomatic ties it represents, what its design is like and how secure it is. At their most basic level, passports
Another month brings more fresh updates from every aspect of Veriff’s product, and for the first time ever, we’ve added information about our supported documents and the new ones we’ve welcomed this month. So, let’s get into it! Exciting web updates It may not be a change which has happened quite yet, but we’re A/B
“Your ID is not valid for passing through this security checkpoint.” Those are the words some travellers will hear beginning October 1, 2021 at airports throughout the United States. The reason: those travellers will hold state-issued IDs that do not comply with the new Real ID standards. What is Real ID? And how would you
GDPR can be considered as the strongest set of rules for personal data protection. Following various rules and regulations can sometimes be considered quite a task for even the biggest companies. With this responsibility to be compliant, companies should always remind themselves that even though the devil is in the detail, company values and the
These days our online lives are wholly interwoven with our ‘normal’ lives and one is hard to distinguish from the other. The digitalization of the world over the past two decades has been both fascinating and slightly breathtaking at the same time. What was once ‘e-commerce’ is now simply referred to as ‘shopping’, while ‘online-banking’
Last week, I sat down with Kaarel Kotkas, the CEO and founder of Veriff to talk about how Veriff has been doing for the first 6 months of this year. The first big question – how did we do? Veriff did great. Despite the challenging times for the world, we were able to stick to
Login
Help Center
How to get verified