How financial services firms are focussing on people, the tech ecosystem and customers to create operational resilience now BAU is dead.
This quarter we're vibing on Operational Resilience as UK financial services regulators are sharing policy statements designed to help the industry protect customers, the FinTech ecosystem and the wider market from unforeseen factors.
PassFort will be automating Curve’s Know Your Business (KYB) due diligence processes for onboarding and monitoring business clients in 31 markets in Europe.
PassFort has extended its partnership with Creditsafe to offer a world of corporate data for business onboarding and ongoing risk monitoring.
Automatically verifying someone's ID is the first building block in digital KYC & AML due diligence. So, what should you look for in the tech you use and why is it important?
PassFort has enhanced its Know Your Business (KYB) offering with the addition of data from Orbis, an entity database from Bureau van Dijk, a Moody’s Analytics company.
Goodbye 2020 - we won't miss you, but we will remember you for all the hard lessons you've taught us about resilience, persistence and finding positives in everything we can.
Electronic identity checks verify an individual's identity, address, or tax status by matching them in online sources to establish a digital paper trail. And it leads to better KYC processes for compliance teams and new customers.
Financial services firms have to define, implement and manage their approach to AML. Firms need to be able to detect and report money laundering or suspicious activity. This duty starts when onboarding new customers, but it doesn’t end there. So, what does constitute a solid approach to AML throughout a customer's lifecycle?