KYB Archives

Know Your Business (KYB) Checks: Understanding the Meaning and Importance

Leave a Comment / W2 News / By James Roberts

In today’s fast-paced and interconnected business environment, it’s essential for organizations to have a comprehensive understanding of their clients and partners. This understanding goes beyond just knowing their names and addresses. It involves delving deeper into the legitimacy and background of these businesses. This is where Know Your Business (KYB) comes into play. In this …

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W2 Product Roundup – Ensuring Efficiency Through UX

Leave a Comment / Product Roundups, W2 News / By Rachel Rawlings

Despite the first ‘real’ summer break for a couple of years, it’s been all gas, no brakes here at W2 when it comes to improving the efficiency of the way our clients use our solutions. Over the last few months, W2 has released an exciting new affordability solution for the gambling industry which looks to …

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The Coming Crisis in KYC/KYB

Leave a Comment / Uncategorised / By Jess Whitehouse

A wide range of factors are converging to make Know Your Business (KYB) a major pain point for financial institutions (FIs) in the years ahead. Banks and other FIs must take action to reduce spiralling fraud rates, improve customer service and ensure they are compliant with increasingly stringent regulatory requirements. The most obvious change in …

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W2 Bolsters Global KYB Offering Through Strategic Partnership With kompany

2 Comments / Uncategorised / By James Roberts

Cardiff based technology provider W2 has today announced a strategic partnership with kompany that will allow their client base to access the RegTech’s latest KYB (Know Your Business) offering, including global UBO (Ultimate Beneficial Owner) data, via their award-winning compliance platform. W2’s partnership with kompany will ensure that W2’s range of clients across regulated industries …

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