Age Verification: New Legal Trends in the KYC Landscape
Gone are the days when a simple “are you over 18?” checkbox would suffice to comply with age verification due diligence. This is particularly worrying given that, according to one study conducted by OLX, 60% of parents admit that they do not monitor what their children do online. Realizing how unrealistic it is to […]
How Criminals Launder Money With Cryptocurrencies
Despite the latest developments regarding their price, cryptocurrencies will most likely keep capturing the attention of financial innovation for the next years. Their penetration is still rising among individuals who use it as a mean of exchange or as an investment, but another kind of user is also emerging as the use of cryptocurrencies gets […]
3 Billions for the Wrong Signature. Lessons from the Railways in the Alps
Last year an important court case involving the usage of an electronic signature for a billionaire contract got notorious visibility due to the big amount of the mount at stake and the nature of the issue, relating directly to the topic of the forms of signing electronically in Europe, QES and the EU-eIDAS Regulation. Despite […]
The Power of QES in the Courts: Labor Case in Germany
A labor court in Berlin, Germany, has determined that, in order to be valid, an online work contract (that according to German legislation requires to be written) can only be signed by the parts in a valid manner by following the protocols and issuing a qualified certificate with the signature. The Qualified Electronic Signature (QES) […]
Striking the right balance between customer experience and regulatory compliance
Security is vital, but let’s not forget that conversion rates are crucial for financial institutions. Having an onboarding process that maximizes this is increasingly important in a digitized world. However, it is essential to strike a balance between security and customer experience. But is it possible to achieve this balance? Digital onboarding has become […]
Compliant and Saving Money with SignD digital KYB
In such a globalized world, the economy is largely driven by technological advances. Developed and developing economies continue to face the challenges brought about by this digital revolution. Among these challenges are crimes related to the information economy, which are seen as a growing source of concern in the international financial community. It’s crucial that […]
New Functionalities to Our KYB Suite
We are glad to announce that we are about to incorporate a new functionality to our KYB suite. In alliance with Dun & Bradstreet, one of the largest business commercial data companies in the world, SignD will start offering access to the financial information of companies listed in the D&B database. Our data partner in […]
2021 A Year of Achievements
2021 has been a challenging year, but at the same time very productive and full of new developments. Our team grows First, we would like to highlight the growth of our team: our family is growing! More and more members of different nationalities and genders are working hard to offer you the most efficient and […]
How to be compliant and ensure a frictionless onboarding customer experience without dying in the attempt?
Approaching KYC in Europe requires several considerations concerning law. The regulation requires banks and financial institutions companies to focus on the national, but also EU level. While in the EU the regulation is a more standard one since it states that banks and financecompanies must adhere to AMLD 5 (coming ALMD6), AML requirements at the […]
SignD is listed in RegTech100 Most Innovative Companies
The REGTECH100 is an annual list of 100 of the world’s most innovative RegTech companies selected by a panel of industry experts and analysts. These are companies every financial institution should know when they develop their RegTech and digital transformation strategies.