Tag Archives: compliance

[ad_2][ad_1] WORBLI, a financial services provider, has partnered with Onfido, an identity verification company, to improve compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering). WORBLI uses blockchain technology to help organizations meet a wide range of services. Because IT security becomes increasingly difficult every day, high-level KYC and …

[ad_2][ad_1] Digital verification opens immediate access to the WORBLI global user base November 26, 2018, Singapore and London: The main identity verification provider, Onfido, announces that it has collaborated with the WORBLI blockchain network. Onfido's machine learning identity verification technology enables WORBLI to quickly and securely meet KYC and AML …

[ad_2][ad_1] The identity verification provider Onfido announced today that it has partnered with the WORBLI blockchain network. Onfido's machine learning identity verification technology enables WORBLI to quickly and securely meet KYC and AML requirements and integrate new users into its platform. WORBLI is a network of financial services (FSN) that …

[ad_2][ad_1] Blockchain has become incredibly popular in various industries, and the financial sector is no exception. The reason behind this blockchain connection with finance is its advantage to enable fast and secure transactions. Insurance companies are incorporating blockchain technology into their system for its simplicity with efficiency. Therefore, the blockchain …

[ad_2][ad_1] Seagate and IBM are using IBM's blockchain technology to verify the authenticity of a disk drive using their fingerprint. The blockchain, er, drive unit is apparently a way for the company to tackle the problem of counterfeit or counterfeit HDDs. These can be sold online and are typically re-packed …

[ad_2][ad_1] IBM technology giant requested a blockchain patent for the development of node-based transaction data identifiers, according to a patent document published by the US Patent and Trademarks Office on August 16th. The system described in the patent, entitled "Block-node characterization", intends to introduce a method of extracting data from …

[ad_2][ad_1] Yes, there are ways for Blockchain applications to comply with the GDPR privacy laws of the European Union. Data protection and privacy, among others, are two important reasons for global enthusiasm around Blockchain and why technology is transforming reliable, transparent, and traceable transactions on the Internet. So it is …

[ad_1] The IRS has announced new efforts to ensure that investors remain honest. On July 2, the Large Business and International (LB & I) branch of the Internal Revenue Service (IRS) announced the development of five new compliance campaigns. These campaigns must focus on an assortment of regulations, including those …