Our Blog / Latest News

27
Jun

By Gary Pine, On 27th June 2019

Monthly News Update (June 2019)

We have carefully selected relevant news stories that you should be aware of from June 2019. Fraud prevention: what retailers are doing to beat online scammers 21st June 2019: Online fraud is on the rise. According to trade association UK Finance, scams against online retailers totalled £265.1 million in 2018, up 29% on the previous year. However, retailers are increasingly...

24
Jun

By Nicky Vaksdal, On 24th June 2019

W2 Tech Champions – Most Exciting Companies in Wales

Insider’s have released their first list of the Most Exciting Companies in Wales. W2 have been listed as one of Wales' "Tech Champions" in the July 2019 edition of Wales Business Insider magazine. The Most Exciting Companies list highlights 50 innovative, fast-moving Welsh businesses which are beating the competition in the UK and further afield. We at W2 deservedly have a spot...

21
Jun

By Nicky Vaksdal, On 21st June 2019

Addressing the issue of PSD2 compliance, W2 partner with Konsentus Ltd

W2, a provider of SaaS, B2B software solutions and services has today announced a partnership with Konsentus Ltd the leading online, machine readable, real-time service that provides Account Servicing Payment Service Provider (ASPSPs) with the Third-Party Provider (TPP) identity and regulatory checking services required to comply with PSD2 Open Banking access to accounts. By teaming up with Konsentus, W2 will be...

14
Jun

By Gary Pine, On 14th June 2019

Disrupting Online Gambling: Technology, Security and Regulation 2019

Building on the success of 2018, W2 were exhibiting at the 2nd annual Disrupting Online Gambling event in London on 12th & 13th June 2019; the agenda split into 4 key themes covering the pressing issues facing the industry: Regulation, Technology, Security and Responsible Gambling. Over the two days, we got to speak with gambling operators from across Europe on...

28
May

By Nicky Vaksdal, On 28th May 2019

Six of the Best – Ben Preston-Marriott

Get to know the people behind W2. Find out six of the favourite things of our Head of Product, Ben Preston-Marriott. Best Holiday Tough one – I would have to say my honeymoon in Majorca. We stayed in a private villa on a beautiful resort that had outstanding views. Also, they have the best olives and almonds in the world! Best Album...

22
May

By Nicky Vaksdal, On 22nd May 2019

W2 receive Leading Fair Play Employer Award

W2 are pleased to announce that we have recently achieved the Leading Fair Play Employer Award through Chwarae Teg. This is the highest possible award achievement and a testament to W2’s on-going support for equality within our company.

20
May

By Gary Pine, On 20th May 2019

Market & Regulatory Update

We have carefully selected relevant news stories that you should be aware of from May 2019. GDPR fines 'coming soon' after complaints double warns ICO 28th May 2019: More than 14,000 data breaches have been logged in the UK during the first year under the GDPR and fines are approaching, the ICO has said. Since its introduction on May 25...

16
May

By Nicky Vaksdal, On 16th May 2019

Vitesse Sanction and PEP screening – Case Study

Vitesse Company Overview: Vitesse is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuance of e-money and is registered as a Money Transmitter with HMRC. Vitesse PSP provides cross-border payment services to banks and businesses via a globally distributed settlement network. Through a single integration, merchants gain access to domestic routing, leveraging lower payment costs...

16
May

By Nicky Vaksdal, On 16th May 2019

GVC Group customer screening – Case Study

The GVC Group Overview: GVC Holdings PLC is one of the world’s largest sports betting and gaming groups and have a unique proprietary technology platform, offering sports betting, casino, poker and bingo and operate some of the industry’s most popular online brands including BWIN, Sporting Bet, Party Poker, Party Casino and Foxy Bingo. In March 2018 GVC acquired Ladbrokes Coral...

02
May

By Nicky Vaksdal, On 2nd May 2019

Tap n Go (TAP) selects W2 Global Data Solutions (W2) as KYC compliance partner

Tap n Go Limited (TAP) is launching an innovative Crypto Wallet with payment card access for users that want to buy, sell and exchange digital assets with the convenience of access to traditional fiat currencies via the associated payment card. After extensive trials and validation W2 has been selected as our partner of choice for the provision of Know Your...