W2: Back to Basics Archives | W2 Global Data
17
Sep
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...
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09
Sep
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...
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26
Aug
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....
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18
Aug
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...
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