During the recent Emerging Payments Association (EPA) Financial Crime project meeting, we were all reminded of the Take Five to Stop Fraud campaign. This is simple & practical advice to help everyone across the UK protect themselves from preventable financial fraud. The scale of Financial fraud losses totalled a staggering £768.8 million in 2016. Whilst banks and …
We are delighted to announce that Gary Pine (W2 Chief Product & Marketing Officer) has been selected as one of the co-authors in a new Paytech book. The extract submitted by W2 was selected out of 170 applications. The article on the ‘Changing Nature of Regulation & Compliance’ will be included in the Payments Regulation …
W2 Global Data is very pleased to announce the appointment of Sara West to the Executive Board of Directors. Sara joined the Senior Management Team at W2 as Chief Commercial Officer in April 2017. Since joining, she has made a valuable contribution to the business by increasing sales by over 85% year on year and …
Sara West appointed to W2 Executive Board of Directors Read More »
W2, a provider of SaaS, B2B software solutions and services has today announced it has completed a £3 million Series A round of financing. Investment came from investors Mercia Technologies PLC and the Development Bank of Wales. This substantial funding builds on an exceptional year for W2. This saw a rapidly growing list of clients, …
W2 Global Data Solutions Secures £3 million Series A Funding Read More »
W2 has launched a new facial comparison service. This is available through web browser or software development kit (SDK) for integration into iOS and Android mobile apps. Facial comparison technology offers superior ID verification while minimising the impact on the customer onboarding journey. The solution uses the largest document template library available on the market …
W2 Launch New ID Verification & Facial Comparison Product Read More »
The Gambling Commission has launched a public consultation on age and identity verification procedures in online gambling. This aims to address underage gambling. The consultation was first outlined in Commission’s Review of online gambling and subsequently confirmed in the response to Responsible Gambling Strategy Board’s report on children, young people and gambling. The consultation applies …
W2 contributes to the GC Consultation on age and ID verification Read More »
W2 is delighted to announce that we’ve been shortlisted in the ‘Payments Infrastructure Award’ category of the Payments Awards 2018. We’re honoured to be standing alongside the likes of ClearBank, FIS & SafeCharge. Now in their 6th successful year, the Payments Awards recognise card and payments excellence and innovation. Winning entries come from those companies, individuals …
Identity document verification often forms an integral part of business critical processes like customer enrolment and new client registration. Other situations where certified identity is include KYC (Know Your Customer) checks within the regulatory & compliance guidelines set out in the Betting & Gaming sector. These ‘text rich’ documents are one of the richest sources …
We’re delighted to announce that W2 has made it through to the final of the Emerging Payments Association’s (EPA) Annual Awards for the third year running. The EPA Awards is widely considered to be “the Oscars” of the emerging FinTech sector. We’re absolutely thrilled that our eKYC Customer Due Diligence Platform was recognised as one …
We continually listen customer’s clients and acting on their feedback. This ensures that we are able to build better products and deliver better services. One of the most requested features is more help with the challenge of identifying and clearing obvious false positives within a Sanctions/PEP screening process. A ‘persistent need’ to research and resolve …
