Know Your Customer (KYC) What is it and why is it important

Know Your Customer (KYC): What is it and why is it important?

US ACH transfers require that you “Know Your Customer.” KYC compliance can be outsourced when you use ACH payment APIs like Sila! … Read More

U.S. Know Your Customer (KYC) Regulations and ACH Payments

If you operate as a financial institution or a third party payment processor (TPPP) and wish to send money through the U.S.’s Automated Clearing House (ACH), then you must follow the guidelines for knowing and verifying your customers. Older guidelines … Read More

Challenges & Solutions for FinTech Developers: Regulations

Established FinTech developers and entrepreneurs know regulatory compliance is one of the most difficult aspects of bringing a new product or service to market. Newcomers to the FinTech field typically expect regulatory challenges, but rarely comprehend how immense the challenges … Read More

Fintech cryptocurrency API

How Sila’s API Helps Apps Innovate & Make Finance Work for All

  …in a much less painful way than ever before! In 2017 Justin Thomas was overwhelmed by the number of Americans that lived paycheck-to-paycheck, and this was driven home during the most recent government shutdown. As a software engineer by … Read More

fintech kyc know your customer

Why the Financial World Needs to Know Your Customer (KYC)

On December 18 Sila hosted the first of many webinars to come, this time focusing the conversation on Why the Financial World Needs to Know Your Customer (KYC). Sila co-founder and CEO Shamir Karkal joined Alloy CEO Tommy Nicholas and CRO … Read More