Category: Online checks
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.
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.
June 14, 2021
What is a digital Know Your Customer (KYC) check and is it important? We are living in a digital age. Smart phones, smart speakers and connected devices are everywhere, and connected to all aspects of our lives. So, if you are working in a profession that requires you to comply with UK anti-money laundering (AML) […]
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 […]
March 10, 2021
For most ‘office-based’ employers, the last year has brought many unique challenges and has meant rapidly adapting to a new world of compliance with remote working and legislative uncertainty. But, as has been said, ‘adversity breeds creativity’. New and innovative technology, designed to overcome the problems of remote recruitment, can bring advantages to employers and help smooth uncertainty over post-Brexit employment checks.
March 8, 2021
With identity and financial fraud risks growing in an increasingly online, remote world, no business is safe from financial fraud. A recent poll from major accountancy firm BDO found that six in ten mid-sized businesses in the UK were hit by fraud in 2020, with an average loss totalling £245,000.
January 20, 2021
It goes without saying that 2020 has presented exceptional challenges. So, in this blog, I speak to our CEO and some of our customers about adapting to the ‘new normal’ of 2020 and what working life is likely to look like in 2021.
December 23, 2020
Identity verification is a process which helps to ensure that an individual is who they say they are. Organisations of all sizes verify the identity of their customers, employees, and users to protect themselves from fraud, create trust and comply with local legislative requirements.
November 30, 2020
We are delighted to announce the launch of our new KYC check service! We’ve added PEPs & Sanctions and address verification checks to our identity verification services to provide an all-in-one service to support your AML compliance.
How Randstad, the world’s biggest recruiter uses online identity verification to support their applicant on-boarding
November 16, 2020
Randstad started in 1960 and have grown to become the world’s largest recruitment and HR services company, active in 38 markets globally. Since 2017, Randstad have been using online identity verification services to help check identity documents from the thousands of applicants that they work with on a daily basis.