What do insurance companies, real estate agents, car dealerships, accountants, auction houses and banks have in common? Well probably a lot, but for the purpose of this blog we’ll just highlight that they are all well known channels for criminals to launder money. 

The process of Know Your Customer (KYC) is yet another that has not escaped the pull of digital transformation. And would we want it to? The events of recent years have forced companies to quickly adopt more digital solutions faster than previously anticipated. With the increase in digital onboarding and interaction, there was a clear need to implement clear anti-money laundering (AML) and KYC measures in a digital context.