Glocal KYC: Not all EU countries are created equal [WHITE PAPER]

Fourthline urges banks and fintechs seeking to expand in Europe to take into consideration regulatory and cultural differences across jurisdictions.

Highlights and quick facts :

  • KYC requirements differ across the European Union. It is crucial to understand the differences if you are looking to expand into multiple countries.
  • The passporting regime for financial institutions can be advantageous if you choose your regulator wisely - but even then, country-specific requirements may come into play.
  • European citizens differ in how and when they will pass your KYC process - impacting operations and conversion.
  • Designing a compliant hyper growth-proof KYC process requires careful advance planning.

Download the white paper Glocal KYC: Not all EU countries are created equal

Fourthline is one of Europe’s fastest-growing providers of digital identity solutions, including KYC (Know Your Customer). Trusted by banks, online brokerages, insurers and leading fintechs, Fourthline verifies millions of identities for customers like N26, DeGiro, Solarisbank, Flatex, ING, and many more. We provide best-in-class fraud detection at industry-leading conversion and compliance levels. 

Our mission is to protect the online financial system by using the most innovative technologies to deliver the safest and most customer friendly digital KYC solution. We share a love for fighting financial crime and building a beautiful product with a positive impact on the world. 

Fourthline is part of Safened-Fourthline BV, which is regulated as a Payment Institution by the Dutch Central Bank and the Financial Conduct Authority. Our executive team has a combined experience of more than 80 years at top banks and consultancies. Investors include Finch Capital and Rudolf Booker.