1.0KYC Chainhttps://kyc-chain.comDanielhttps://kyc-chain.com/author/daniel/rich600338<blockquote class="wp-embedded-content" data-secret="zFS7l8rWTB"><a href="https://kyc-chain.com/payment-service-providers-level-up-your-kyc-aml/">Payment Service Providers: Level up your KYC / AML</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://kyc-chain.com/payment-service-providers-level-up-your-kyc-aml/embed/#?secret=zFS7l8rWTB" width="600" height="338" title="“Payment Service Providers: Level up your KYC / AML” — KYC Chain" data-secret="zFS7l8rWTB" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> https://kyc-chain.com/wp-content/uploads/2023/02/joshua-j-cotten-Wx7NlDafkXY-unsplash-scaled-1.jpg25601920PSPs need to carefully implement KYC/AML strategies and fraud prevention approaches on their clients in order to remain compliant with evolving regulations such as the EU's 5AMLD and MiCA. This can become increasingly difficult as real-time payments grow in volume and geographic reach. In this article, we take a look at some of the KYC/AML issues PSPs need to be aware of - and how automated KYC technology can ease the process for them.