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Attention, attention. Identity Unleashed has a new issue! This time, we chat with Enrique Palacios, Head of Compliance & Legal at Bit2Me, about the importance of KYC and AML regulations. Enrique, who has worked with the European Banking Authority on the development of regulations such as the Travel Rule, shares valuable insights on regulatory compliance. A sneak peek? A “compliance first” approach translates into significant competitive advantages. If you want to know more, you need to read our interview 👇

More than 90% of crypto companies are overpaying for KYC services. Did you know that by paying premium prices for identity verification, you're actually burning money on inefficient systems that still require manual review? Think about it like this instead: GBTC Finance, the largest crypto ATM network, discovered a better way. They switched to Didit Free KYC and achieved 95% automatic verification rates - at zero cost. KYC shouldn't be a burden on your business. It should be automatic, reliable, and free. But this won't happen if you keep paying for outdated services that deliver mediocre results and drain your resources. The goal is to have robust verification that scales with your business, not expensive systems that hold you back. Want to eliminate KYC costs while boosting efficiency like GBTC? Let's connect. #FreeKYC #IdentityVerification #DiditKYC #FinTech #Innovation

Great news! Didit has been nominated for startup of the year 2024 by HackerNoon! This nomination recognizes our mission: to humanize the Internet. How do we do it? By providing free, unlimited identity verification and KYC services, and a digital identity for everyone, everywhere. Curious about our journey? Read our interview on HackerNoon 👇 And if you believe in our mission, support us with your vote! Thanks for being part of the Didit community! #Didit #HackerNoon #SOTY2024

Don't view KYC/AML compliance as just another regulatory burden. Start viewing it as a strategic advantage for your financial technology company: - Apply a risk-based approach - Leverage advanced technologies for customer identification - Develop comprehensive due diligence processes This strategy can increase confidence, reduce costs and improve operational efficiency. Our clients have reported up to 90% reduction in operational costs using this approach. Without a robust KYC compliance program like Didit, none of these improvements would have been possible. Want to learn how to transform compliance into a competitive edge for your fintech? Explore our guide on KYC/AML best practices 👇 #FintechCompliance #KYC #AMLRegulations

We're curious: How often do false positives occur in your KYC process? Take our quick survey and see where you stand in the industry - do you face the same challenges as your peers? Share your opinion in the comments - together we will improve identity verification processes!

When you realize that you keep paying for KYC services while Didit offers it to you free, unlimited and forever. 👀💸 Don't let your business get distracted by expensive solutions. Switch to Didit and enjoy identity verification that will help you boost your ROI.

Ever wondered about the difference between KYC and AML? 🔍 You're not alone! While often used interchangeably, these crucial regulatory concepts serve distinct purposes in the financial world. 💡 KYC (Know Your Customer): Identity verification process 🛡️ AML (Anti-Money Laundering): Focuses on preventing financial crimes While different, KYC and AML work hand in hand to create a robust anti-fraud framework. Understanding their nuances is key for any business navigating today's regulatory landscape. Curious to learn more? Check out our infographic for a visual breakdown of KYC vs AML! 👇

Facial biometrics and liveness detection are transforming how businesses verify and authenticate users. These technologies offer a smoother, more secure alternative to traditional methods, enabling remote verification and robust fraud prevention. The numbers speak for themselves: the global biometrics market is set to hit $68.6 billion by 2025. This isn't just a trend—it's the future of digital identity. Want to know how biometrics can streamline your onboarding, boost security, and enhance user satisfaction? Our latest blog post dives into the details. 👉 Click here to find out how you can leverage biometric technology to protect your business and your customers, all at zero cost with Didit.

Attention, attention! A new issue of Identity Unleashed is here. Today, we're answering some of the most common questions you've asked us in recent weeks. And we’ve got the next releases already in the works. Stay tuned!

Still paying for a KYC Software? 💰 🤔 Discover Didit, the first KYC Verification Solution that doesn’t charge you for knowing your users’ identities. - Document Verification and Facial Recognition - 100% Compliant with eIDAS & GDPR - Optional AML Verification Click here to talk with our team ➡️ https://bit.ly/3BU7FLN