By choosing our platform IdentityIQ, Utopia Music AG has adapted to the future way of working with KYC requirements. Together we will optimize, automate and simplify the KYC process, leading to higher customer satisfaction and conversion. We look forward to a long and happy relationship!
Synthetic identity fraud is a growing threat. Traditional methods of fraud detection are falling short and failing to catch it. Read on to find out why your business should consider a new approach to fraud detection.
The Fifth Anti-Money Laundering Directive (5AMLD) is a new EU directive that aims to prevent money laundering and terrorist financing. It introduces measures such as beneficial ownership registers and limits on the use of virtual currencies for terrorist financing. Regulated businesses must comply with new rules around beneficial ownership, high-risk third countries, and politically exposed persons (PEPs).