GLEIF to help increase global visibility of Chinese companies
The Global Legal Entity Identifier Foundation (GLEIF) has a new Legal Entity Identifier (LEI) mapping initiative to increase the global…
KYB
Biometric Update regularly authors posts regarding the term "KYB." The following set of links is available to help you find biometrics news concerning "KYB" and other relevant terms. More topics may be explored by accessing our comprehensive Biometrics Topics list.
US Corporate Transparency Act rollbacks create customer ID verification needs
U.S. companies will no longer have to comply with beneficial ownership reporting, thus pressuring banks to uphold KYC compliance and…
OpenAI to introduce IDV screening for organizations
Approximately 10 percent of the world’s population – some 800 million people – are using systems made by OpenAI, the…
CFIT launches Digital Company ID working groups
The Centre for Finance, Innovation and Technology (CFIT) has made another step towards the creation of a Digital Company ID…
GLEIF certifies vLEI issuers in Hong Kong, Thailand
The Global Legal Entity Identifier Foundation (GLEIF) has named two more companies as issuers of its verifiable Legal Entity Identifier…
UK kickstarts voluntary identity verification for companies
The UK government has launched a new identity verification service for company directors and individuals with corporate control. As of…
UK, Hong Kong plan digital IDs for businesses
The UK Minister of AI and Digital Government Feryal Clark says exploring a digital company ID could strengthen the country’s…
Regulation and technology in 2025
By Collette Smith, Chief Transformation Officer, SmartSearch As 2025 begins, the world of digital compliance is preparing for significant challenges…
EWC provides update on EU’s business wallets
The European Business Wallet has entered the focus of attention since it was named a part of the European Union’s…
To comply or not to comply? US bins AML law, Umazi offers compliance at scale
Money laundering is an oft-cited concern for businesses seeking fraud prevention tools; hence the familiar industry shorthand for anti-money laundering,…
