Category: Fraud prevention

Good Practice Guide 45 (GPG 45) and its role in supporting digital identity check standards

Tony Machin

December 14, 2021

In the past few years, we’ve seen a growing shift from manual to digital ID checks, accelerated by an increasingly remote working world – think remote identity checking for Right to Work and DBS, for example. However, without a standard in digital ID, it’s been down to individual firms to determine whether the tools and methods they choose are sufficient to protect their business, customers and users from fraud.

Why remote identity verification helps more than just compliance

Tony Machin

November 10, 2021

The past two years have taught us that it is possible for many of us to work efficiently with reduced personal contact. Identity checking – a vital component of Right to Work (RtW) and Anti-money-laundering (AML) compliance – is one of many tasks we have learned to perform remotely.

Address verification what, why and how does it work?

David Park

November 4, 2021

Did you know that you can now add address verification as an option to our online verification service? But how can address verification support your customer onboarding?

What’s it worth? Exploring the real value of Know Your Customer checks

Tony Machin

October 27, 2021

KYC checks help businesses to distinguish between favourable and unfavourable clients. They are a legal requirement for organisations covered by Anti Money Laundering (AML) legislation but can also provide additional safety and assurance for any company working with new clients.

Passive liveness: what, why and how does it work?

David Park

September 23, 2021

Identity document authentication allows your organisation to verify government-issued identity documents to help determine who you are working with, as an important first step to reducing fraud. However, in the online world, when you may not wish to or be able to meet people face to face, how do you ensure that your applicant is […]

How improving KYC processes can help you to gain more business

Tony Machin

September 21, 2021

Regardless of your industry, you shouldn’t see KYC checks as a luxury. Money laundering alone costs the UK more than £100 billion every year, and affects all kinds of companies of all sizes.

Five tips for post-Brexit pre-employment checks

Christie Lewis

July 16, 2021

The requirement for employers to complete pre-employment right to work checks on all employees in the UK remains. Carrying out checks in line with Home Office requirements gives the employer a statutory excuse to a civil penalty of up to £20,000 per illegal worker.

But how has our departure affected Right to Work (RtW) checks in the UK? Read on for our top tips on things that you need to watch out for since 1st July.

Managing AML compliance in uncertain times

Tony Machin

July 1, 2021

I recently wrote an article which appeared in ‘The Accountant online’ looking how accountants can conveniently comply with Know Your Customer (KYC) and Anti Money Laundering (AML) requirements in a fast-moving business environment. Read on for a summary of the article.

Right to Work checks – What they mean and how automation can help

Christie Lewis

July 1, 2021

Making  robust, consistent identity document checks is a fundamental and critical first step in any Right to Work process – to ensure the person you’re hiring is who they say they are and that they have the correct evidence of their Right to Work in the UK.

Keeping up with the big players – how IFAs can manage KYC compliance with limited resources

Tony Machin

June 8, 2021

As an Independent Financial Advisor, you’re legally required to perform Know Your Customer (KYC) checks as part of Anti-Money Laundering (AML) compliance. But, even without the legal imperative, there are compelling reasons to follow due diligence. Properly conducted KYC checks can not only guard against money laundering, but also prevent corruption and fraud. All these […]

What being ISO27001 certified means

Our IS27001 accredited certification lets you know that we follow information security best practice, helping to eliminate or minimise the risk of a security breach, keep information secure and ensure compliance with data protection regulations.

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