KYC & KYB: The Cornerstone of Secure Financial Transactions
By Martin Brito, Chief Compliance Officer & Juan Ignacio Gonzalez, Head of Legal
In the modern financial landscape, compliance is not just a regulatory requirement—it is an essential component of security and trust. At Ardua, we take KYC (Know Your Customer) and KYB (Know Your Business) processes seriously, ensuring that all clients meet the highest compliance standards before engaging in financial transactions.
KYC: Ensuring Secure Transactions for Individuals
KYC verification at Ardua involves identity verification, proof of residence, and risk assessment. Our streamlined process ensures that clients can be onboarded efficiently while maintaining strict security protocols.
KYB: Verifying Businesses and Their Owners
For corporate clients, KYB processes help us assess the legitimacy of businesses by verifying their structure, ownership, and financial standing. This includes identifying Ultimate Beneficial Owners (UBOs) and ensuring adherence to anti-money laundering (AML) regulations.
Through continuous monitoring, periodic reviews, and an unwavering commitment to regulatory compliance, Ardua ensures that our financial ecosystem remains secure, transparent, and compliant with international standards.
At ARDUA, we are committed not only to enhancing the speed and cost-efficiency of international payments but also to maintaining rigorous compliance with the highest global standards.
We continuously update our compliance manuals and customer data verification systems to ensure that all transactions are conducted in full adherence to relevant regulations.
Operating across multiple jurisdictions presents significant challenges; however, it also provides us with a broader perspective on the international payment landscape. This enables us to tailor our operations to meet the specific regulatory requirements of each region we serve.
The complexity of navigating diverse jurisdictions and regulatory frameworks has fostered a highly skilled and constantly evolving compliance and legal team. As a result, our professionals are always equipped with the latest tools and knowledge, ensuring that we remain at the forefront of industry standards.