Our Blog / Latest News

19
Mar

By Nicky Vaksdal, On 19th March 2019

W2 Client Workshops

W2 continually invests in strengthening relationships with our supplier partners and our customers. That is why we launched an on-going program of client workshops. These are an integral part of our strategy. We host 4 or 5 workshops a year, and they have become an excellent channel for us to share our expertise and provide advice on a wide range...

19
Mar

By Nicky Vaksdal, On 19th March 2019

Market & Regulatory Update

We have carefully selected relevant news stories that you should be aware of from March 2019 Danske Bank selected for Nordic & Baltic Fintech initiative March 18th 2019: Denmark’s Danske Bank has been selected as the official bank partner for the Nordic and Baltic fintech initiative - Lighthouse Development Program. This was established jointly by Mastercard and Sweden-based, NFT Ventures. The...

08
Feb

By Nicky Vaksdal, On 8th February 2019

W2 supports TAKE FIVE to Stop Fraud campaign

During the recent Emerging Payments Association (EPA) Financial Crime project meeting, we were all reminded of the Take Five to Stop Fraud campaign. This is simple & practical advice to help everyone across the UK protect themselves from preventable financial fraud. The scale of Financial fraud losses totalled a staggering £768.8 million in 2016. Whilst banks and other financial service providers stopped...

05
Feb

By Nicky Vaksdal, On 5th February 2019

W2’s Gary Pine to co-author New Paytech Book

We are delighted to announce that Gary Pine (W2 Chief Product & Marketing Officer) has been selected as one of the co-authors in a new Paytech book. The extract submitted by W2 was selected out of 170 applications. The article on the 'Changing Nature of Regulation & Compliance’ will be included in the Payments Regulation and Compliance section. Changes in...

03
Feb

By Nicky Vaksdal, On 3rd February 2019

Sara West appointed to W2 Executive Board of Directors

W2 Global Data is very pleased to announce the appointment of Sara West to the Executive Board of Directors. Sara joined the Senior Management Team at W2 as Chief Commercial Officer in April 2017. Since joining, she has made a valuable contribution to the business by increasing sales by over 85% year on year and growing the Commercial Team from...

29
Oct

By Nicky Vaksdal, On 29th October 2018

W2 Global Data Solutions Secures £3 million Series A Funding

W2, a provider of SaaS, B2B software solutions and services has today announced it has completed a £3 million Series A round of financing. Investment came from investors Mercia Technologies PLC and the Development Bank of Wales. This substantial funding builds on an exceptional year for W2. This saw a rapidly growing list of clients, key employee appointments and market...

28
Sep

By Nicky Vaksdal, On 28th September 2018

W2 Launch New ID Verification & Facial Comparison Product

W2 has launched a new facial comparison service. This is available through web browser or software development kit (SDK) for integration into iOS and Android mobile apps. Facial comparison technology offers superior ID verification while minimising the impact on the customer onboarding journey. The solution uses the largest document template library available on the market as well as government level...

By Nicky Vaksdal, On 17th September 2018

W2 contributes to the GC Consultation on age and ID verification

The Gambling Commission has launched a public consultation on age and identity verification procedures in online gambling. This aims to address underage gambling. The consultation was first outlined in Commission’s Review of online gambling and subsequently confirmed in the response to Responsible Gambling Strategy Board’s report on children, young people and gambling. The consultation applies to all remote gaming and...

12
Sep

By Nicky Vaksdal, On 12th September 2018

W2 shortlisted at 2018 Payments Awards

W2 is delighted to announce that we've been shortlisted in the 'Payments Infrastructure Award' category of the Payments Awards 2018. We're honoured to be standing alongside the likes of ClearBank, FIS & SafeCharge. Now in their 6th successful year, the Payments Awards recognise card and payments excellence and innovation. Winning entries come from those companies, individuals and organisations who have launched...

By Nicky Vaksdal, On 31st August 2018

W2 and Machine Learning

Identity document verification often forms an integral part of business critical processes like customer enrolment and new client registration. Other situations where certified identity is include KYC (Know Your Customer) checks within the regulatory & compliance guidelines set out in the Betting & Gaming sector. These ‘text rich’ documents are one of the richest sources of data for any business....