Argos KYC News & Insights
What is KYC: Meaning of KYC and Why It’s Important | Argos KYC
What is KYC? What is the meaning? Meaning of KYC You may not be familiar with the term "know your customer" but in the business realm especially in banking, finance, and insurance, the term is used often for a safer business operation. KYC is a process to Know Your...
Why Airbnb hosts ask for ID verification | Argos KYC
Sharing economy or shared economy involves a community-based online platform that connects users for example buyers and sellers. Companies such as WeWork provide a shared workspace across the world while Airbnb provides a space where property owners connect to...
Online identity verification on e-commerce | Argos KYC
Are you an Amazon user? Do you buy often from Amazon? If you have the experience of buying products from Amazon, have you ever doubted whether your purchase is going to be wrong? It's quite hard to have question marks on the purchase you made on Amazon. We believe...
Why banks are increasing online KYC | Argos KYC
With the help of AI technology and digitalization, banks are increasing online KYC (Know Your Customer). This way banks can meet the increasing demand from online bank service usage. Faster and more accurate than the traditional identity check, AI-based automated...
FATF’s review on virtual asset and its providers(VASPs) | Argos KYC
Financial Action Task Force (FATF) which sets international standards to fight against money laundering and terrorist financing has published a second 12-month review of revised FATF Standards on virtual asset and its providers(VASPs). As FATF puts importance on...
Argos KYC is now supporting 24 hour KYC solutions for all customers!
ARGOS provides 24 hour KYC solutions for all customers. ARGOS would like to inform our potential customers that we are now supporting 24 hour KYC(Know Your Customer) service to all customers. No additional fees are needed to experience 24 hour identity verification...
What is FATF? The meaning of FATF in KYC-AML | Argos KYC
FATF is an abbreviation of the Financial Action Task Force and is the inter-governmental body that sets international standards to prevent money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction. Formed by the...
Partnership Announcement: Argos X DNV
We are proud and excited to announce that recently we settled a partnership with the world-renowned classification society and accredited registrar DNV! Headquartered in Norway, DNV evaluates and issues certificates for different industries, including oil & gas,...
FinCEN’s New Notice Proposes AML Enhancements for Financial Institutions
Last week, the Financial Crimes Enforcement Network (FinCEN) published an Advance Notice of Proposed Rulemaking (Notice) to obtain public comments on proposed enhancements to anti-money laundering (AML) programs. The Notice discusses new regulations requiring...