Automated KYB checks, ID&V for regulatory compliance, and more...

Each week, we share all the latest news and trends in AML compliance, guiding you through the latest regulations, and help you to become the ultimate compliance hero of your business.

How automated KYB checks can help mitigate risk in your business ??

Businesses, as well as individuals, fall under the scope of anti-money laundering regulations, which require organisations to verify a company's legitimacy and ownership, including its ultimate beneficial owner before onboarding.

In this article, we take a look at the advantages of an automated KYB process and how it can help mitigate risk in your business.?

How ID&V applications support regulatory compliance ??

AML compliance in 2024 is not the same as it was in 2023. Let alone 5 or 10 years ago. New advancements in technology, criminal tactics, scams, means of laundering illicit funds and a whole host of other challenges has made the lives of compliance professionals more demanding of late.

In this article, we take a look at the crucial role of Identity and Verification (ID&V) applications in supporting regulatory compliance within regulated firms, shedding light on their significance and benefits, while sharing some best practices along the way.