Our Blogs on Know Your Customer (KYC)

What Are Acceptable Forms of ID in the UK?

Acceptable Forms of ID Documents in the UK In the United Kingdom, some documents are acceptable as proof of identity. These include a valid UK passport, driving license and identity cards. Birth Certificates by themselves are not considered to be evidence of identity. Often easy to get and replicate, they are usually supporting documents to […]

Can Simplified Due Diligence Be Risky?

What is simplified due diligence? When verifying a customer's identity, it can often be tempting to practice something called simplified due diligence. This is the lowest form of due diligence you can conduct when validating a client's identity. This level of due diligence is usually only appropriate when you know this client presents little to […]

Can A Biometric Facial Recognition App Help Verify Clients?

What is Biometric Facial Recognition? Biometric facial recognition technology is software that scans a person's facial characteristics and then compares that against a scourge image, determining a percentage match. Most commonly, facial recognition is used for authentication and verification of a person's identity through an app.  Biometric recognition software will be able to identify individuals […]

Can An Expired Passport Be Used As An ID?

Introduction Can an expired passport be used as an ID? The short answer is no; an expired passport or photo ID is officially an invalid form of identification and cannot be used to verify identity when setting up a bank account, taking out a loan, buying a house or getting legal advice, for example. It […]

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