KYC and AML Explained

Know your Customer (KYC) and anti-money laundering (AML) are probably terms you’ve heard before, especially as discussions around consumer privacy and security increase. However, sometimes the meanings of KYC and AML can become confusing depending on who...

Case Study: Organisations Fined for AML Regulatory Breaches

Despite the fact that most organisations across the globe prioritise strict anti-money laundering (AML) procedures, we continue to hear case after case of regulatory breaches.

How AML Requirements Are Changing for Finance

Money laundering continues to be a pervasive crime throughout the world. Over the past few decades, criminals have managed to find ways to work around AML requirements. However, this is quickly changing as new AML policies and financial technologies are...

Knowing Your Customer in New Zealand

Note that this article does not constitute legal advice and is opinionated based on self-review of New Zealand requirements. The Anti-Money Laundering (“AML”) Countering Financing of Terrorism Act 2009 ("Act”) requires reporting entities in New Zealand to...

4 ways blockchain technology prevents fraud, reduces risk, and helps consumers with ownership of data

Innovations in blockchain technology have already begun to change the way the global economy works. Blockchain not only allows for the creation of new digital currencies but also vastly improves the future of consumer protection. In this article, we...


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