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AI can now create fake passports that pass KYC checks.
It only takes minutes, and yes, your company is in danger, too!
A Polish researcher just proved to us, just how easy it is to trick today’s onboarding systems using synthetically generated documents.
This isn’t a future threat - it’s already happening.
If your compliance setup relies on static photo checks and third-party tools, you might be exposed and risk some serious penalties, too.
Read the full article to understand what this means for your business, and why every company should treat payments and banking as a critical risk, not an afterthought: https://www.linkedin.com/pulse/ai-generated-passport-passed-kyc-check-real-world-failure-soltesz-g7gqf/
You’re playing by the rules while others get a free pass.
When banks and businesses are investing millions in AML and compliance, some governments are pushing for more cash and less transparency—making it easier to move untraceable money and hide ownership.
This is a dangerous game.
But you can also benefit from it - if you know how to play this game.
Read this article for more information: https://www.linkedin.com/pulse/one-step-forward-two-steps-back-the-global-between-cash-soltesz-i7zrf
When banks and businesses are investing millions in AML and compliance, some governments are pushing for more cash and less transparency—making it easier to move untraceable money and hide ownership.
This is a dangerous game.
But you can also benefit from it - if you know how to play this game.
Read this article for more information: https://www.linkedin.com/pulse/one-step-forward-two-steps-back-the-global-between-cash-soltesz-i7zrf
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More Updates From Viktoria
Viktoria S.
Apr 4, 2025
You’re playing by the rules while others get a free pass.
When banks and businesses are investing millions in AML and compliance, some governments are pushing for more cash and less transparency—making it easier to move untraceable money and hide ownership.
This is a dangerous game.
But you can also benefit from it - if you know how to play this game.
Read this article for more information: https://www.linkedin.com/pulse/one-step-forward-two-steps-back-the-global-between-cash-soltesz-i7zrf
When banks and businesses are investing millions in AML and compliance, some governments are pushing for more cash and less transparency—making it easier to move untraceable money and hide ownership.
This is a dangerous game.
But you can also benefit from it - if you know how to play this game.
Read this article for more information: https://www.linkedin.com/pulse/one-step-forward-two-steps-back-the-global-between-cash-soltesz-i7zrf
Viktoria S.
Apr 2, 2025
Have you heard about Rose Island?
A fake country with fake money which is built on dreams, not structure.
I keep hearing about new coins - all of them are shiny, hyped, and useless from day one.
No structure. No control. No purpose. Just a symbol pretending to be money.
Well, the history repeats itself - only this time, it’s digital.
Let’s learn from it before millions are wasted on the same mistake online.
Read my article below for the full story: https://www.linkedin.com/pulse/coin-without-purpose-why-money-needs-real-structure-viktoria-soltesz-fmhef
A fake country with fake money which is built on dreams, not structure.
I keep hearing about new coins - all of them are shiny, hyped, and useless from day one.
No structure. No control. No purpose. Just a symbol pretending to be money.
Well, the history repeats itself - only this time, it’s digital.
Let’s learn from it before millions are wasted on the same mistake online.
Read my article below for the full story: https://www.linkedin.com/pulse/coin-without-purpose-why-money-needs-real-structure-viktoria-soltesz-fmhef
Viktoria S.
Mar 31, 2025
If you hear about OFAC’s new 10-year recordkeeping rule today, it’s already too late and you are in risk.
Starting 21 March 2025, anyone subject to U.S. sanctions laws—including non-U.S. firms. If your business touches U.S. dollars, U.S. infrastructure, U.S.-owned entities, or sanctioned jurisdictions in any way, this rule applies to you. This includes companies using U.S. correspondent banks, international payment processors, or outsourced compliance providers, too.
The implications go far beyond compliance. Payment structures, data retention policies, vendor agreements, and internal documentation systems must all adapt—immediately.
EU companies face an added risk.
Under GDPR and AML regulations, personal data collected for AML purposes generally must be deleted after five years unless there’s a specific legal obligation to keep it longer. That’s where the problem starts. OFAC has acknowledged this tension but won’t accept it as an excuse for non-compliance.
There is no transition period. No exemptions. No grace window.
Is your business ready?
Read my article: https://www.linkedin.com/pulse/ofac-trap-most-companies-fail-10-year-record-rule-now-soltesz-19a5f
Starting 21 March 2025, anyone subject to U.S. sanctions laws—including non-U.S. firms. If your business touches U.S. dollars, U.S. infrastructure, U.S.-owned entities, or sanctioned jurisdictions in any way, this rule applies to you. This includes companies using U.S. correspondent banks, international payment processors, or outsourced compliance providers, too.
The implications go far beyond compliance. Payment structures, data retention policies, vendor agreements, and internal documentation systems must all adapt—immediately.
EU companies face an added risk.
Under GDPR and AML regulations, personal data collected for AML purposes generally must be deleted after five years unless there’s a specific legal obligation to keep it longer. That’s where the problem starts. OFAC has acknowledged this tension but won’t accept it as an excuse for non-compliance.
There is no transition period. No exemptions. No grace window.
Is your business ready?
Read my article: https://www.linkedin.com/pulse/ofac-trap-most-companies-fail-10-year-record-rule-now-soltesz-19a5f
Viktoria S.
Mar 26, 2025
Your wire transfers may no longer be safe—and neither is your business.
A US court just ruled that if a consumer sends a wire online, the bank could be held liable under fraud rules that were never meant for wires. This flips decades of legal understanding and forces banks to take on risks they were never prepared for.
Many will start blocking online wires, adding heavy compliance steps, or removing the option altogether.
If your business relies on wires and you don’t have a proper banking setup, you could lose access, lose money, or get stuck in legal disputes with no support.
Read my article for more information: https://www.linkedin.com/pulse/why-citibank-ruling-should-worry-every-bank-consumer-who-soltesz-542sf
A US court just ruled that if a consumer sends a wire online, the bank could be held liable under fraud rules that were never meant for wires. This flips decades of legal understanding and forces banks to take on risks they were never prepared for.
Many will start blocking online wires, adding heavy compliance steps, or removing the option altogether.
If your business relies on wires and you don’t have a proper banking setup, you could lose access, lose money, or get stuck in legal disputes with no support.
Read my article for more information: https://www.linkedin.com/pulse/why-citibank-ruling-should-worry-every-bank-consumer-who-soltesz-542sf