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Know Your Customer (KYC): What It Is and How to Comply

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That’s the amount of non-cash payments made in the U.S. in 2021, according to the Federal Reserve. Financial crime can take on several faces, including (cyber) fraud, cryptocurrency scams, and money laundering—and companies offering financial services can lose out on serious bucks. Request Quote What Exactly is KYC?

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Is Quickbooks Desktop Being Phased Out?

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This makes the apparent new direction of Intuit, the developer of QuickBooks, symptomatic of the wider transition within the SaaS space towards cloud-based software solutions. Firstly, QuickBooks Desktop 2021 is to be discontinued from May 31, 2024. Let’s start with the discontinuation of QuickBooks Desktop 2021.