Category: KYC/AML

Putting identity document checks at the heart of your KYC checks

Tony Machin

November 10, 2020

A KYC check is a mandatory process for regulated business to identify their customers and gather knowledge of their background as part of Anti-Money Laundering compliance. Effective KYC checks rely on proving that customers are who they say they are. The most important first step in this process is the verification of a government issued identity document.

Identity fraud in SMEs: take early action to protect your business

Tony Machin

October 10, 2019

Whilst financial fraud is a risk to every business of any size, SMEs certainly shouldn’t believe it won’t happen to them just because they are employing fewer staff or working within a smaller network. Identity fraud amongst employees presents a very real risk to SMEs. In fact, according to ActionFraud, 1 in 5 small businesses have been defrauded by an employee.

Smarter identity checks to satisfy ‘Know Your Customer’ (KYC) requirements

Tony Machin

March 12, 2018

As you probably know, anti-money laundering (AML) regulations state that your first step should be to perform an appropriate level of identity check to satisfy ‘Know Your Customer’ (KYC) requirements.  This most often starts by the person being asked to produce some form of official documentation to prove their identity.

What being ISO27001 certified means

Our ISO 27001 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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