How does hybrid cloud secure KYC data? Know how keeping sensitive data on-premise while using BaaS hubs ensures regulatory compliance and blockchain scalability.

Know Your Customer (KYC) processes require banks to validate and verify primary documents as part of due diligence. Currently the market is flooded with KYC utilities that help manage these documents ...

A total of 39 firms have completed a global trial of know-your-customer (KYC) on the Corda blockchain platform. The enterprise blockchain software firm, R3, announced that its partners have completed ...

KYC requirements have become a very time consuming and costly process, requiring different banks to conduct similar (if not the same) due diligence on the same customers over and over again. This ...

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 ...

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 ...

Pi Network confirms that the KYC validator rewards system is fully developed, under testing, and will be released by the end ...

Ethereum-focused blockchain project Kinto disclosed it has raised $5 million in fundraising rounds this year to develop a layer-2 network that's fully compliant with anti-money-laundering laws, aiming ...

R3 and ten of its consortium banks have developed proof-of-concept for a shared know-your-customer (KYC) service using distributed ledger technology to help manage identity controls. The service is ...

Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards. While some areas of the ...

Know how hybrid cloud architectures secure sensitive KYC data on-premise while utilizing BaaS hubs. Learn why this model ...