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KYC and AML are by far the most frequently used terms when discussing compliance. Even though this is the case, many individuals still get the definitions mixed up. What exactly do KYC and AML mean, and how do they differ from one another? What is Know Your Customer (KYC)? The Know Your Consumer (KYC) procedure entails gathering data on the…
In the context of the recent news about Facebook's Meta Verified subscription service, the need for robust identity verification becomes even more apparent. Meta CEO Mark Zuckerberg announced the launch of Meta Verified. This service is designed to provide users with an enhanced level of account verification. It also adds extra protection from impersonation accounts, and access to direct customer…
The benefit of age ID verification for the gaming industry A graph showing the steady increase in revenue for the gaming industry since the introduction of age ID verification. The graph has a green line showcasing the growth in revenue, with a dotted red line indicating the level of revenue prior to age ID verification. Along the bottom of the…