Argos KYC News & Insights
European Union lawmakers trying to outlaw anonymous crypto transactions
European Union lawmakers voted in favor of controversial measures to outlaw anonymous crypto transactions. Some say this move would stifle innovation and invade privacy. The proposals are intended to extend anti-money laundering(AML) requirements that apply to...
Valid ID Types for KYC in the USA – Argos KYC
When going through KYC, identity verification solution provider such as Argos KYC asks for a valid ID card to start and finish the KYC process. There are numerous ID types in each country, but when doing KYC only government-issued ID cards with a face photo are...
How OCR Technology can be used in KYC | Argos KYC
Using technology is great because it enhances the speed and accuracy of various services. OCR technology is used to convert the text in the images into machine-encoded text. With Optical Character Recognition(OCR), KYC companies like Argos KYC can speed up the process...
Argos KYC x Art-tech Gallery 360 Global Ltd. Partnership
Argos KYC is happy to share the global partnership news with an art-tech company, Gallery 360 Global Limited. Gallery 360 is an intelligent art platform gallery, providing a place for consumers to enjoy the art piece just like a gallery, and also to purchase art...
Why Argos for KYC Service? 210+ Countries Coverage!
When looking for an online identity verification solution, it is important to know how many countries the KYC provider can offer. The coverage number is a crucial point for companies as the number signifies how many countries’ IDs can be covered for identity...
AML Screening Threshold Factors – Argos KYC
When Argos KYC goes through AML screening on the verified KYC individuals, we use various tools and methods on verifying whether the person is screened from the AML database. We have a default number of 90 when screening the individual from the AML database. The...
Valid ID Types and Conditions for KYC – Argos KYC
During the KYC process, users need to provide a valid ID to begin the KYC. OCR technology will scan the information shown on the government-issued ID card. Not only that, AI technology will compare and match the similarity of the user’s face between the ID card and a...
KYC Status – Approved, rejected, pending, incomplete
There is four KYC status when the end-users finish submitting KYC - approved, rejected, pending, and incomplete. Argos KYC tries to provide a seamless KYC process for users to feel comfortable and easy but also uses various AI technology to distinguish any false...
AML Watchlist Screening List and Types | Argos KYC
AML Screening is a way to check whether a person is free from money laundering risk. The way is simple. Compare the approved KYC person to the AML database. AML database consists of seven categories. 1. Politically Exposed Person(PEP) Any individual that is considered...