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Discuss upcoming trends in digital proofing, authentication, fraud and digital identity management.
By adjusting their onboarding processes financial institutions can enhance their client experience, reduce costs and pave the way for new cross border services, explains Stephan Wolf, CEO, Global LEI ...
As technology constantly evolves, becomes simpler and more cost effective, it is also simultaneously becoming more accessible to fraudsters. This means we’re seeing a surge in fraud cases. The latest ...
The world was already speeding into the digital age before Covid-19. However, the pandemic has supercharged the process prompting financial services companies to improve engagement with their customer...
The challenge faced by every financial provider, including fintechs, is how to onboard customers as smoothly as possible. But what does best practice look like? In my experience, signing up for a new...
KYC and AML complicance can be considered as the most costly policies to implement and maintain. Furthermore, it is one of the factors holding back the financial innovation as early-stage startups hav...
From social media scams to fake government texts, phishing links in business emails and false phone calls, fraud has risen sharply since the start of the COVID-19 pandemic. More than 2,500 scams had b...
Over the last few months, we have been presented with more e-commerce and online offerings than ever before. From online shopping to virtual gym classes, the pandemic has accelerated the move towards ...
At the end of March, the Financial Conduct Authority (FCA) wrote a letter to firms outlining its response to Covid-19. Part of its outreach involved highlighting the flexibility already contained in i...
In the current digital world, we are continuously digitally transacting with companies all over the world. Each transaction leaves a digital trace, allowing the company (in case of litigation) to prov...
Time pressure and cost are two big issues faced by those in financial services as they seek to ensure compliance with a proliferation of new know your customer (KYC) and anti-money laundering (AML) re...
According to PSD2, a payment initiation service provider (PISP) represents a payment institution, and thus falls under the Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) regulations. Y...