There are many challenges that organisations face when it comes to identifying and onboarding customers, particularly if they’re new-to-country or international consumers. Knowing how to maintain...
Managing compliance risk doesn’t have to be costly and time-consuming Financial Crime regulations that banks, financial services, payment service providers and many other organisations must...
Global money laundering losses are currently estimated to top US$1 Trillion1 a year, with stolen and illicit funds being used to finance everything from terrorism, the illegal drug trade, people...
Know your customer checks (KYC) support companies in ensuring that their customers are not involved in financial crime or fraud by verifying the individual and business they’re doing business...
Data quality is a crucial aspect of attaining good data management. With the GDPR, regulations such as Open Banking and mandates like KYC, it is imperative that organisations investigate, assess,...
The GDPR came in to affect this May and is relevant for both business and consumer data. Steve Fox, Experian’s Head of Major Accounts, gives an overview of what the GDPR means for you and how you...
AML and KYC are mandates that not only affect consumers, but businesses too. When assessing the risk within a business you must verify that the business exists, verify its directors and also...
Figures show the people in the UK owed £1.532 trillion at the end of April 2017. This is up from £1.485 trillion at the end of April 2016 – an extra £886.84 per UK adult. May’s Office of...