Our Blog / Latest News

17
Sep

By Ben Preston-Marriott, On 17th September 2020

What Is ID & Document Verification?

Following on from the recent narrative on Know Your Customer (KYC) and Anti-Money Laundering (AML). This edition of W2: Back to Basics focuses on a product that has become a focal point at W2 as we take our focus away from the check itself, and on to the technology that enables it. Being ID & Document Verification. ID or Identity...

09
Sep

By Ben Preston-Marriott, On 9th September 2020

What Is Anti-Money Laundering?

Following on from our explanation of the importance of Know Your Customer, this piece will focus on Anti-Money Laundering (AML). Money laundering is the process of hiding the true source of funds normally applied to money that has been obtained from an illegal source. Governments across the globe are committed to preventing the use of illicit funds and are implementing ever increasing levels of Anti-Money...

By Richard Evans, On 3rd September 2020

W2 and Vizolution Announce Strategic Partnership

Vizolution and W2 have announced they have formed a strategic partnership to integrate W2’s range of customer due diligence solutions into Vizolution’s customer experience technology suite. Vizolution, a market-leading technology provider headquartered in Swansea, helps global enterprises, including some of the world’s leading banks and telco companies, replicate the qualities of face-to-face interactions in remote channels, streamlining complex customer transactions...

26
Aug

By Ben Preston-Marriott, On 26th August 2020

What Does it Mean to Know Your Customer?

Thank you, Warren, for setting the scene on what W2 is all about. It is safe to say the Regtech market loves an acronym, so it’s over to me to enlighten you on their meanings. Know Your Customer, otherwise known as KYC, is a tool that more and more businesses are adopting to ensure the ease of their customer onboarding, and the accuracy of who the people are that are being onboarded....

25
Aug

By Shane Mortimer, On 25th August 2020

The Reign of E-Sports & Gaming During the Pandemic

The rise of e-sports gaming. It is fair to say that Covid-19 has presented challenges for sports and for traditional sports betting gaming operators. As live sports events start to emerge again it presents a great opportunity to address the rise of e-sports, the opportunities it presents and the risk that goes with it. Particularly the effect the lockdown has...

18
Aug

By Warren Russell, On 18th August 2020

W2: Back To Basics. Who Are W2?

The History of W2 Before W2 Global Data, I started my career in financial services in 1998 and despite a brief foray into the world of demolition, or ‘real work’ as my dad would call it. I then transitioned from a user of regulatory technology to being a retailer of compliance solutions in 2008. Having worked in the provider side of the fence, I decided to start W2 in 2011. After...

13
Aug

By Jess Whitehouse, On 13th August 2020

Digital Currency: Is Regulation The Key To Success?

For many in the early days of digital currency, regulation was the enemy. Something the establishment needed to block or stifle the chances to compete with the establishment. But as the sector matures and regulation catches up, does increased regulatory oversight really have to be the blocker many viewed it as? For me, the answer is simple, no. I would...

By Peter Murray, On 6th August 2020

Pay360: Different Sector, Same Challenges?

From Covid driving the ‘legitimisation’ of fintech to ‘sitting’ at a virtual table on the eighth floor of a networking room, it was an eventful introduction to the payments sector for W2 head of sales Peter Murray. Here are his thoughts about the sector and what is driving it. Coming away from my first Pay360 I found the event and...

05
Aug

By Richard Evans, On 5th August 2020

Lanistar Chooses W2 To Power Its New Banking Alternative

W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with Lanistar, to help power its new hassle-free banking alternative. The company will use polymorphic technology to provide a customer-focused alternative to traditional banking services when it launches in Winter 2020. Lanistar is accessing the entire suite of identity services via...

29
May

By Gary Pine, On 29th May 2020

10 Reasons to use Email Risk Assessment

Opening an account online is virtually impossible without an email address. In fact, email addresses provide data that is a lot more specific and unique than browsers. Using an Email Risk Assessment platform, you can build an accurate picture of the reputation and identity of individual by using data associated with an email address. As an up-front layer of security,...