Welcome to the KYC Cleared blog. We share tips on personal data privacy online, KYC trends and how-tos, and more on compliance with KYC/KYB regulations and data protection.

Tag: security

How to Protect Yourself from Phishing Scams in 5 Easy Steps

Phishing scams are becoming ever more sophisticated, targeting both individuals and organisations. From fake emails to deceptive messages, cybercriminals use these tactics to steal sensitive information. But there’s good news—by following a few simple...

Why Customer Trust Is the New Currency in the Digital Age

We live in a digital-first world and customer trust is as valuable as any currency. With increasing online transactions, customers need assurance that their data is safe. Without trust, businesses risk losing customers and damaging their reputation. This...

5 Ways You Can Protect Your Business from Online Scams

For entrepreneurs, every day brings new challenges. From managing operations to keeping customers happy, there’s always something vying for attention. Yet, one critical area that often gets overlooked is online security. With small businesses...

How Bankers Can Protect Client Data from Online Threats

In today's digital age, where banking has largely transitioned online, protecting client data has become both a legal necessity and a cornerstone of customer trust. Cybercriminals are continually evolving their methods, and financial institutions are...

The Benefits of Digital Identity Verification for Loan Lending Agencies

Loan lending agencies operate in a high-risk environment where verifying the identity of applicants is crucial for preventing fraud and ensuring compliance with regulatory requirements. As more people seek loans online, the need for robust and reliable...

The Role of AI in Enhancing KYC Processes for Financial Institutions

In the financial sector, Know Your Customer (KYC) processes are crucial for preventing fraud, money laundering, and other financial crimes. However, traditional KYC methods can be time-consuming, error-prone, and costly. As financial institutions seek...

Why Business-2-Consumer Companies Need Robust Data Verification Strategies

B2C (Business-to-Consumer) companies such as couriers, loan lending agencies, and retail businesses face unique challenges regarding data security and fraud prevention. With the increasing volume of online transactions and digital interactions, ensuring...

The Importance of Data Protection in the Digital Age

In today's digital space, data protection has become a hot topic for businesses of all sizes. With increasing digital transactions and data collection, companies face growing risks related to data breaches and misuse. Protecting customer data is not just...