emBlock: KYC on a Hyperledger Fabric

Financial institutions spend an average of $60 million per year on KYC compliance! Know your customer (KYC), while very useful for preventing and tracking crime, can also be a major burden for financial institutions and large customer-facing enterprises. The reason is because complying with KYC regulations is time consuming and expensive. More importantly, there’s a … Continue reading emBlock: KYC on a Hyperledger Fabric

eKYC, The Digital YOU

If you’re a bank, government authority, insurance company or belong to a select league of institutions which are mandated by ‘Know Your Customer’ regulations, you’re surely familiar with the increased costs, risks and difficulties that compliance to such regulations brings to your organization. From repeated collection of paper KYC documents, storage costs, risks associated to … Continue reading eKYC, The Digital YOU