zkMe's zkTLS and zkKYC: Revolutionizing Traditional Finance

"It should be noted that the above eKYC process is hardly one-size-fits-all. Depending on the types of products that banks offer, some steps can be eliminated. For example, this eKYC process is best-suited for products with high-risk profiles such as investment, personal banking, and payments. For low risk products including children’s prepared card, banks can do away with two-factor authentication and enhanced due diligence."

Until recently, opening an account in the United States required customers to provide their full Social Security Number (SSN/TIN) directly. In theory, the more data collected, the greater the security, right? Well, not quite. In June 2025, federal regulators and FinCEN granted an exception to the CIP rule, allowing banks and credit unions to collect this information differently. The change reduces friction in onboarding, potentially accelerating new client acquisition and simplifying processes that have long been bureaucratic, improving the customer experience. But this flexibility also opens a new front of risk. → How can data be validated without relying solely on direct collection? → What additional layers of verification are needed to prevent fraud? → What is the impact on trust if simplification creates security gaps? At Fast Movn Software, we believe security and customer experience are not opposites. It is possible to streamline processes and reduce friction, provided there are robust counterproofs, real-time validation, and continuous observability. Regulators are already signaling that the future will not be defined by “fewer rules” but by the ability to demonstrate operational maturity. Security should not be seen as a barrier, but as a foundation of trust. And in the face of regulatory changes, the real distinction will be between organizations that only focus on reducing friction and those that invest in building sustainable protection mechanisms. In your opinion, is regulation more of a constraint or a catalyst for building digital trust in financial services? Request a demo: https://lnkd.in/gCeRuTYz #compliance #digitalonboarding #digitalfraud #banking #regulation

KYC/AML was designed to make finance safer. But for users, it’s a painful ritual: endless forms, photo uploads, and the same sensitive documents surrendered again and again. Every new platform means giving up control of your identity and trusting another centralized server waiting to be breached. Outdated. Unsafe. Inefficient. Meanwhile, the world has gone fully mobile. Nearly 80% of people in the U.S. shop directly from their phones. Expectations are instant and seamless. Yet compliance flows are stuck in the past: long forms, manual reviews, and waiting days just to be “approved.” That’s why we reimagined compliance from the ground up. With Ligero, privacy and compliance finally work together. Powered by our zkVM Ligetron, you KYC once on your device, then generate a cryptographic proof of compliance, without ever exposing your raw data. Your information never leaves your phone; only a verifiable proof does. The future of compliance is clear: it must be private by design, portable by nature, and compliant by default. KYC once. Data stays with you. Onboard anywhere, instantly.

Traditional “placement, layering, and integration” no longer capture how criminals move and disguise illicit funds. In this ACFCS article, authored by our partner Kenneth Hines, explores how money laundering has evolved into a multi-directional and adaptive process, reflecting today’s digital and global realities. #Fraud #ACFCS #AML https://lnkd.in/gya8urQ7

The real reason fintechs lose trust isn’t speed. It’s letting controls fall behind as the business grows. If your customer numbers double but your risk controls stay the same, you’re setting yourself up for trouble. You’ll find out fastwith more fraud, more chargebacks, and new attention from regulators. So, what does it take to build risk controls that actually keep up? 𝗛𝗲𝗿𝗲’𝘀 𝗮 𝘀𝘁𝗿𝗮𝗶𝗴𝗵𝘁𝗳𝗼𝗿𝘄𝗮𝗿𝗱 “𝗙𝗶𝗻𝘁𝗲𝗰𝗵 𝗖𝗼𝗻𝘁𝗿𝗼𝗹 𝗦𝘁𝗮𝗰𝗸” 𝗜 𝗿𝗲𝗹𝘆 𝗼𝗻: Onboarding that matches risk Start with flexible KYC. Use tiered due diligence so you don’t treat every customer the same. Flag things like PEPs or high-risk countries, and look at device and IP patterns from day one. Transaction monitoring that learns Use both simple rules (think: alerts for unusual behavior) and machine learning. Check your system every day. And make sure each alert flows smoothly into a case, and when needed, a SAR. Data privacy isn’t an afterthought Collect only what you really need. Know why you gather each data point, and have rules for how long you keep it. Block requests for extra data just because “it might be useful later.” Check your vendors for real Don’t just take a third party’s word for it. Dig into their processes, not just their pitch. Test their controls yourself especially if they handle customer IDs or payments. Test your own system hard Run through “what if” scenarios that could break your defenses. Make sure your sanctions filters still catch the right things. Check for drift in your models, not just once a year. If you had to bet, which area would stretch first at your company onboarding, monitoring, privacy, vendors, or testing? #Fintech #AML #KYC #FraudPrevention #DataPrivacy #ThirdPartyRisk #ComplianceByDesign #FinancialServices #EthixeraConsulting

The world of finance is moving faster than ever. 🚀  With tougher regulations, growing threats of financial crime, and customers demanding seamless, secure experiences, the old model of periodic KYC reviews feels outdated. That’s where Perpetual KYC (pKYC) comes in, a smarter, always-on approach that continuously monitors and updates customer data. It empowers institutions to stay compliant and proactive while delivering a frictionless customer journey. Perpetual KYC is an evolved form of customer due diligence that moves away from the conventional, periodic review cycles of customer information and focuses on continuous and dynamic monitoring of customer data. Curious about how pKYC is transforming compliance?  Check out our latest blog to see how it compares to traditional KYC. Link in the comments below. #KYC #PerpetualKYC #TraditionalKYC #Finance #TrustSimplified #AuthBridge

KYC today = endless spreadsheets, risky uploads, compliance gaps. zKYC fixes that. • MLRO checks run automatically • Proofs are encrypted & verifiable • Platforms never touch raw data Faster onboarding. Lower risk. Higher trust. That’s compliance done right.

Transforming Financial Compliance with CONSONANCE: The National EKYC Platform   Breaking down silos and setting new standards in customer verification. Our platform brings together regulators, financial institutions, and stakeholders in one unified ecosystem for seamless, secure, and compliant KYC processes.   #EKYC #FinTech #DigitalTransformation #Compliance #KYC #FinancialServices #RegTech #CustomerExperience #Innovation #DigitalIdentity #BankingTechnology #FinancialInclusion #DataSecurity #ConsentManagement

#QuickbiteCompliance day 203 🚨 Payment Screening: The Critical Frontier in Detecting Financial Crime 🚨 As financial crime evolves, so must our defenses. #PaymentScreening is a crucial yet often misunderstood layer of protection. Unlike customer name screening, which occurs at onboarding, payment screening happens in real-time with existing customers— before a payment or message is processed. It scans payment messages (like SWIFT or SEPA) using predefined templates, codes, and acronyms to flag risks. However, since these templates are typically third-party-provided, firms have limited control over data presentation, creating both operational and compliance challenges. How Criminals Exploit Payment Screening Gaps:  1. Obfuscation via Codes: Bad actors use ambiguous or legitimate-looking codes (e.g., "MISC" for miscellaneous purposes) to mask illicit activities like terrorist financing or trade-based money laundering. For instance, a payment labeled "CHARITY" could actually funnel funds to a sanctioned entity. 2. Structured Transactions: Criminals break large sums into smaller, below-threshold payments ("smurfing") and use generic descriptions (e.g., "INVOICE 123") to evade detection systems. 3. Geographic Evasion: By routing payments through jurisdictions with weaker screening protocols or using high-risk country codes paired with benign descriptions, laundered funds slip through undetected. 4. Exploiting Template Limitations: Third-party templates may lack granularity, allowing vague descriptors like "SERVICES" to conceal payments for illegal goods or sanctioned parties.  Strengthening Our Defenses:  To combat this, firms must: - Leverage AI to contextualize payment data beyond static templates, reducing false positives and adapting to evolving typologies. - Advocate for standardized, rich data fields in payment messages to enhance clarity and control. - Integrate collaborative tools like #OpenSourceAML and #InclusiveRegtech to share intelligence and close gaps exploited by criminals. Payment screening isn’t just a compliance checkbox—it’s a dynamic shield against financial crime. By addressing its vulnerabilities, we can build more resilient systems. #FinancialCrime #AML #PaymentScreening #Sanctions #RegTech #Innovation #InclusiveRegtech #OpenSourceAML #100HariNulis Source: [ACAMS Glossary](https://lnkd.in/gDct6Ge)

→Many NBFCs still depend on manual KYC. →Traditional Onboarding takes 3–5 days. →Fraud eats up ₹1000+ crores every year. That’s why we built FinHub - a unified API platform to make verification fast, secure, and audit-ready: ✅ KYC/AML compliance automated ✅ Real-time ID checks ✅ Faster onboarding (up to 60% quicker) ✅ Smarter fraud detection No more vendor chaos. Just one dashboard for everything. 👉Explore now: https://lnkd.in/giy85hig #NBFC #FinTech #DigitalLending #OnlineKYC #VideoKYC #Compliance #RegTech