The verification process has gained popularity among some businesses which handle money in some shape or form, including banking institutions, insurance agencies, and credit companies.
Other businesses who acquire detailed information from their customers to prevent fraud can also use KYC checks to ensure they are not unknowingly enabling bribery, corruption or money laundering.
The latest figures published by the UK Government* have shown a surge in fines to landlords and letting agents for […]
In a significant move to enhance compliance and operational efficiency within the property sector, Credas, a leading provider of AML […]
Our latest research has identified that ID checks significantly outstrip Politically Exposed Persons (PEPs) and Sanctions checks, despite the stringent […]
