Category: Online identity checks
Trends in Fraudulent Identity Documents in 2022
Christie Lewis
January 19, 2023
At TrustID, we constantly monitor and record the number and type of fake identity documents we detect across different industries. This helps us to see what types of documents we need to particularly keep our eye on, which sectors are most at risk, and more.
Using a certified DVS Provider for identity verification and DBS checks on employees
Tony Machin
December 19, 2022
If your hiring process requires you to complete criminal record checks through the Disclosure and Barring Service (DBS), could digital identity validation help you and your applicants?
TrustID Become a Certified DVS Approved Against UK Government Digital Schemes
Tony Machin
June 15, 2022
TrustID is a certified digital verification service (DVS) for Right to Work (RtW), Right to Rent (RtR) and Disclosure and Barring Service (DBS) checks under the UK Digital Identity & Attributes Trust Framework.
Trends in fake identity documents: what happened in 2021?
Christie Lewis
March 8, 2022
At TrustID, we constantly monitor and record the number and type of fake identity documents we detect across different industries. This helps us to see what types of documents we need to particularly keep our eye on, which sectors are most at risk, and more.
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.
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.
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.
Digital KYC checks combined with human expertise – the best way to protect your business
Tony Machin
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) […]
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 is KYC and why are online KYC checks good for small businesses
Tony Machin
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.
