FINCEN
The Financial Crimes Enforcement Network (FinCEN) is the regulatory and enforcement agency tasked with combatting money laundering, financing of terrorism, fraud, and other financial crimes.
PATRIOT Act
An introduction to The USA PATRIOT Act, and how it codified the Know Your Customer (KYC) concept.
KYC: The Essential Primer
"Know Your Customer" or "Know Your Client" (KYC) is the obligation of banks, businesses, and other financial institutions to identify and authenticate a person's identity before doing business with them. KYC encompasses three pillars: identification and due diligence, and ongoing monitoring.
Stop Overly Customizing KYC
I personally like the ability to customize my iPhone home screen. As a company, it is nice to insert fun emojis and create custom documents in our Notion. But I missed the memo when KYC became a fun, choose-your-own-adventure novel.
Out of Stealth: Searching for Dreams vs Risking Reality
Don’t get me wrong—I love dreams—they change the world. But they only have that chance if put into action. Without launching our company, we’ll never know if Footprint is just a neat idea, or a world-changing product. But we must find out either way.