Fraud & Risk

KYC Checks vs Social Media Lookup for Automatic Identity Verification by SEON

SEON

Whitepaper

KYC has its roots in the early 2000s in an effort to make it much more difficult for criminals to launder money through banks, insurers, and adjacent institutions, as well as to stop terrorism funding. However this approach has been made more and more difficult to help online businesses verify fraudsters.

Combined with social media lookup and strict KYC checks, we'll be looking at how we can implement better restrictions of fraudsters and help AML efforts.

KYC Checks vs Social Media Lookup for Automatic Identity Verification: A Head to Head Comparison by SEON

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