The UK has left the European Union, and as of 23:00 (GMT) on 31st December 2020, the transition period will come to an end. As it still not clear if a new trading agreement will be in place beforehand, W2 have taken steps to ensure that any risks associated with information and/or data sharing have been adequately addressed. Data transfer …
The 6th Anti-Money Laundering directive (6AMLD) came into effect on the 3rd December 2020 and must be implemented by regulated businesses by 3rd June 2021. After the 5th AMLD introduced so many fundamental changes to the regulatory landscape, most notably introducing a focus on ultimate beneficial owners and strengthening the need for a Know Your Business offering, will the 6th be so …
6th Anti-Money Laundering Directive (6AMLD): Biggest Changes Read More »
The Seventh annual SBC awards took place on the 9th December with a small number of guests attending the physical event in Stamford bridge and over 800 guests tuning in virtually. W2 ended up winning Fraud and Compliance Solution of the Year! As the end of 2020 quickly approaches, it is all too easy to look back on this year as one filled with negatives and …
W2 Wins SBC Fraud & Compliance Solution of The Year Read More »
W2 has joined forces with Gibraltar-based firm Crucial Compliance to deliver innovative data solutions, to support iGaming operators through current and future regulation. In a first for the data-services specialists, W2 will supply Crucial with data-based solutions to complement and bolster its own responsible gaming product offering. The dedicated iGaming team at W2 will work …
W2 And Crucial Compliance Enter i-Gaming Partnership Read More »
The 2021 Regtech100 has been announced by specialist research firm RegTech Analyst. The prestigious list recognises the world’s most innovative technology solution providers that address the challenges of dealing with regulatory pressures within financial services. The regtech industry has experienced huge growth in the last few years as banks and financial institutions grapple with the …
W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with Enfuce to provide a range of compliance solutions through its award-winning platform. Enfuce, a leading Nordic fintech, offers payment, open banking and sustainability services to banks, fintechs, financial operators, and merchants. They are quickly becoming …
The 2020 update of the scrum guide brings a leaner, clearer and less prescriptive guide for the scrum framework. For those who are not familiar with scrum it is a lightweight framework that helps organisations deliver solutions for complex problems in an iterative and incremental way that can reduce risk by adapting to change. At W2 we adopt the scrum framework within the technical team as the industry we operate …
In the world of compliance, ‘know you customer’ (KYC) checks first came into force to stop the flow of profits from crime before know your business was ever in place. Regulated businesses were required to maintain a system of verifiable information about each customer’s identity and to ensure their customers were, indeed, who they claimed …
What Does It Mean To ‘Know Your Business’ (KYB)? Read More »
Never go back they say! I am always a little uncertain when covering a previous subject matter in podcasts or webinars, as I am very conscious that our audience want new content and not simply a rehash of an old debate. However, even when we were coming to the end of the first recording back …
KPIs and Problem Gambling Webinar – Key Takeaways Read More »
Fraud continues to pose a major threat to both the UK and International economies and individual businesses. As criminals become more imaginative in their attempts to steal customers’ money, now more than ever businesses must have the correct measure in place to prevent large scale fraudulent activity. In the 2020 Global Economic Crime Survey, a monumental …
