In this article, we explore the background to SVB’s collapse and the key takeaways from a tumultuous weekend that culminated in the second largest bank failure in American history. … Read More
Author Archives: Natalie Davies
What is Enhanced Due Diligence (EDD)?
Today, every regulated business should be confident that it knows who it is dealing with through both CDD and, where required, Enhanced Due Diligence. … Read More
Infographic: Compliance trends in 2023
2022 threw global events, new regulations and record-breaking fines into the compliance melting pot. And yet, the war against bad actors, money launderers and criminals continues to wage. As fraudsters evolve and continue to develop their shady strategies, so too … Read More
5 things to consider when choosing right to work software
In today’s fast-paced business environment, HR and hiring managers increasingly rely on technology to streamline their processes and improve overall efficiency. With digital right to work software, the entire recruitment and onboarding process can be dramatically improved, meaning your employees … Read More
The importance of ongoing monitoring in KYC compliance: tips for effective risk management
Know Your Customer (KYC) compliance programs are not one-hit processes, ongoing monitoring is key for effective risk management. … Read More
What are the most common types of fraud in cryptocurrency?
Cryptocurrency is yet to become fully regulated. In the meantime, it’s vital to know how to spot payment fraud in crypto. Learn how to spot the signs here. … Read More
What information is needed for a KYB check?
In this article, we discuss the importance of KYB checks and take a look at the documents required for conducting a compliant check. … Read More
The importance of KYB checks: best practices for compliance
As financial crime threats evolve, so does the importance of conducting Know Your Business (KYB) checks. In today’s business landscape, regulatory bodies expect compliance officers to conduct a comprehensive KYB check for each company they onboard to ensure compliance with … Read More
The future of compliance: a new era of digital AML
As part of our ‘State of Compliance’ research project, we collected data from interviews with almost 50 compliance professionals across more than a dozen industries to discover what the future of compliance looks like. … Read More
5 benefits of online ID document verification in a digital age
ID document verification is an essential part of KYC onboarding, as well as when employers are verifying employee right to work ID&V. It’s a process that ensures a person is who they are claiming to be when required to open … Read More