Security

Veriff intros Know Your Customer Education Center

April 19, 2023

Veriff, an identity verification company, has introduced its Know Your Customer Education Center, an online portal which will offer articles and guides to help businesses meet AML and counter-terrorist financing regulations, according to a press release.

The portal will provide up to date information on regulations, as well as articles on identity verification, proof of address and other issues.

"We're seeing KYC regulations evolve at a rapid pace, and at the same time, regulators cracking down even more on penalties. As a result, it has never been more imperative for organizations to stay on top of their local KYC and AML regulations," Janer Gorohhov, co-founder and CPO of Veriff, said in the release. "This requires businesses to fully understand the particulars of their respective programs as they change. We're thrilled to roll out our new KYC Education Center tool that organizations can leverage for this very reason, and help them avoid being hit with large fines and reputational damage."