KYC & AML Glossary

Clear definitions of the compliance, identity, and Web3 terms that matter for your business.

What is KYC? Know Your Customer ExplainedKYC stands for Know Your Customer. Learn what KYC means, why businesses need it, and how AI-powered KYC verification works.Read Definition
What is AML? Anti-Money Laundering ExplainedAML stands for Anti-Money Laundering. Learn what AML compliance means, what it requires, and how businesses use AML screening to stay compliant.Read Definition
What is a PEP? Politically Exposed Person ExplainedA PEP is a Politically Exposed Person. Learn what makes someone a PEP, why PEP screening is required, and how businesses manage PEP risk.Read Definition
What is OFAC? OFAC Sanctions Screening ExplainedOFAC is the Office of Foreign Assets Control. Learn what OFAC sanctions screening means and why businesses must screen customers against the OFAC list.Read Definition
What is Liveness Detection?Liveness detection confirms that the person submitting a verification is physically present and real, not a photo, video, or deepfake. Learn how it works.Read Definition
What is Onchain Identity Verification?Onchain identity links a verified real-world identity to a blockchain wallet address. Learn how onchain KYC works for dApps and smart contracts.Read Definition
What is a Non-Custodial Wallet?A non-custodial wallet gives users control of their own private keys. Learn what non-custodial means, how it differs from custodial, and why it matters for businesses.Read Definition
What is Customer Due Diligence (CDD)?Customer Due Diligence (CDD) is a critical part of KYC. Learn the levels of CDD and why they are required for AML compliance.Read Definition
What is Enhanced Due Diligence (EDD)?Enhanced Due Diligence (EDD) is a high-level KYC process for high-risk customers. Learn when EDD is required and what it involves.Read Definition
What is Sanctions Screening?Sanctions screening is a critical AML process. Learn how checking global watchlists helps businesses stay compliant and avoid penalties.Read Definition
What is Proof of Address?Proof of Address is a common KYC requirement. Learn why identity verification includesPoA and how it is verified digitally.Read Definition
What is Deepfake Detection in KYC?Deepfake detection is the NEXT frontier in KYC. Learn how AI identifies synthetic faces and prevents injection attacks.Read Definition