Focus Area: Know Your Customer (KYC)

What is Know Your Customer (KYC)

In order to improve and tighten business relationships, today’s connected businesses need to communicate, collaborate and interact with their customers in a way that’s faster and suppler than ever before. Knowing consumers and their identities spot on also allows to optimally serve them.

To use this key to success in the era of digital transformation, enterprises today often think about employing Customer Identity & Access Management (CIAM), complementary to traditional IAM for employees and business partners. They often forget however that, forced by regulation authorities, they already use the strong tool KYC (Know Your Customer) in order to prevent, among others, money laundering.

KYC done right encompasses Customer Tracking & Marketing Automation as well as Analytics (Big Data) and Privacy & Information Protection and goes much further than CIAM. The term KYC is yet not really accurate, since it helps not only with knowing the customer, but also optimally serving him. Better would be the term Know & Serve Your Customer (KSYC), a proper evolutionary step of doing CRM and CIAM.

It requires a string of key enabling technologies, e.g. security and privacy enhancements, secure access to mobile and social logins, identity relationship management to understand how different identities are connected to each other, big data, up to blockchain, distributed ledgers and Life Management Platforms (LMPs). 

Latest Research, Upcoming Webinars and Events From
Know Your Customer (KYC)

Blog

The Perfect Shot!

Shooting from the hip is easy, because it is fast and sound like you’re making an impact. But do you hit the mark? When you study the ‘art of shooting’ a bit there is a whole lot of practice to it, it takes time and every shot is highly contextual. No soldier goes into battle without a thorough preparation and training. The target, the terrain, the road in and the road out, weather, it all plays a role in hitting the mark. Becoming really good is hard, takes a long time, and ultimately also depends on context. Yet it always beats shooting from the hip. Every so often I...

Executive View

Executive View: Darktrace Enterprise Immune System - 80003

Darktrace Enterprise Immune System is a cyber-defense platform that utilizes a self-learning AI-based technology to detect, investigate and neutralize various cyber-threats in real time, across the whole corporate IT infrastructure, including physical and virtualized environments, industrial control networks, cloud infrastructures, and SaaS applications.

Webinar

The Passwordless Enterprise: Building A Long-Term Zero Trust Strategy

“The password is dead.” We have heard this statement for at least a decade, yet even in 2019, data breaches based on stolen user credentials continue to dominate the headlines. Why do passwords so stubbornly refuse to die?

Conference

Consumer Identity World USA 2019

At the Consumer Identity World you learn how to balance the user experience, privacy, and security of your connected customer and how to enhance the customers' journey by leveraging Artificial Intelligence (AI) and Machine Learning (ML) to provide a superior and customized experience.

Latest News From Know Your Customer (KYC)

Conference

Cyber Access Summit 2019

Willkommen zum Cyber Access Summit (CAS) 2019! Gestalten Sie die Zukunft der digitalen Transformation und diskutieren Sie mit Kollegen und Branchenexperten. Das Programm des deutschsprachigen Cyber Access Summit 2019 nimmt aktuelle Themen und Trends im Bereich des Identity und Access…

Conference

Consumer Identity World EU 2019

At the Consumer Identity World you learn how to balance the user experience, privacy, and security of your connected customer and how to enhance the customers' journey by leveraging Artificial Intelligence (AI) and Machine Learning (ML) to provide a superior and customized experience.

Conference

Consumer Identity World USA 2019

At the Consumer Identity World you learn how to balance the user experience, privacy, and security of your connected customer and how to enhance the customers' journey by leveraging Artificial Intelligence (AI) and Machine Learning (ML) to provide a superior and customized experience.

Webcast

Is Multilayered Cyber-Defense Out Already? Against Rising Breaches and Vulnerabilities, Data-Centric Security to the Rescue!

As the growing number of high-profile data breaches indicates, even the largest companies are still struggling with implementing consistent enterprise-wide information security measures. Setting up various security tools for numerous different applications, services, and heterogeneous…

Executive View

Executive View: Darktrace Enterprise Immune System - 80003

Darktrace Enterprise Immune System is a cyber-defense platform that utilizes a self-learning AI-based technology to detect, investigate and neutralize various cyber-threats in real time, across the whole corporate IT infrastructure, including physical and virtualized environments,…

Blog

The Perfect Shot!

Shooting from the hip is easy, because it is fast and sound like you’re making an impact. But do you hit the mark? When you study the ‘art of shooting’ a bit there is a whole lot of practice to it, it takes time and every shot is highly contextual. No soldier goes into…

Executive View

Executive View: WSO2 Identity Server - 80060

Identity Management solutions need to address the growing number of identities associated with applications and endpoints, as well as the ability to integrate with the diversity of application and service APIs. WSO2 Identity Server provides a comprehensive and flexible solution for the…

Webcast

Mitigate Identity-Related Breaches in the Era of Digital Transformation

Cyber attackers continue to be successful in gaining access to many different organizations, often by exploiting identities and weak authentication. To ensure they are protected, organizations should consider modern Adaptive Authentication techniques to increase identity security and thwart…

Executive View

Executive View: Amazon GuardDuty - 80005

Amazon GuardDuty is a fully managed, simple, and affordable security monitoring and threat detection service that combines machine learning and anomaly detection to enable quick and uncomplicated identification of suspicious activities and malicious behavior across AWS cloud accounts and…

Webinar

May 23, 2019: Is Multilayered Cyber-Defense Out Already? Against Rising Breaches and Vulnerabilities, Data-Centric Security to the Rescue!

As the growing number of high-profile data breaches indicates, even the largest companies are still struggling with implementing consistent enterprise-wide information security measures. Setting up various security tools for numerous different applications, services, and heterogeneous…

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Blog

Will the stars align for Libra?

This week, Facebook announced details about its cryptocurrency project, Libra. They expect it to go live for Facebook and other social media platform users sometime in 2020. The list of initial backers, the Founding Members of the Libra Association, is quite long and filled with industry heavyweights such as Coinbase, eBay, Mastercard, PayPal, and Visa. Other tech companies including Lyft, Spotify, and Uber are Founding Members, as well as Andreesen Horowitz and Thrive Capital.  Designed [...]

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