Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?
Around 40 participants have trialed a "self-sovereign" know-your-customer application that gives customers more control over their data.
After infighting brought months of delays, Tezos investors finally seemed about to receive their crypto tokens. Then something unexpected happened...
The bank warns its investors that cryptocurrencies could hamper its ability to comply with anti-money-laundering regulations, among other dangers.
Speculation on utility is a bad idea, but ICOs can be an appealing alternative to venture capital, argues the head of blockchain R&D at Santander.
Regulators want cryptocurrency exchanges to know who their customers are – but that requires these companies to collect very sensitive information.
Cambridge Blockchain has partnered with IHS Markit to help financial institutions resolve compliance issues relating to know-your-customer information
Cryptocurrency exchange service Poloniex is taking steps to ramp up the information it gathers on customers.
The challenges of digital identity, AML/KYC and common technical standards must be overcome to deliver on the promise of blockchain technology.
The State Bank of India is planning to beta launch smart contracts and blockchain-based know-your-customer processes.
Japanese digital services firm GMO Internet has debuted its latest blockchain project: a "know your customer" app aimed at the banking industry.
A blockchain startup headquartered in Sweden has raised $1.6 million in new funding.
During a speech Friday, a member of US Congress called for tighter anti-money laundering controls for cryptocurrencies.
India’s biggest stock exchange and a group of domestic banks recently collaborated on a know-your-customer data trial involving blockchain. The test involved the National Stock Exchange of India (NSE), ICICI Bank, IDFC Bank, Kotak Mahindra Bank, IndusInd Bank and RBL Bank, as well as HDFC Securities, a Mumbai-based brokerage. Blockchain startup Elemential provided the technology for the […]
Ten global banks have tested a distributed ledger-based know-your-customer registry through the R3 blockchain consortium.