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 Laundering (AML) regulations which businesses must comply with. Anti-Money Laundering (AML) definition AML, or Anti-Money Laundering, is …
In the fast-paced world of eCommerce, ensuring security and trust in online transactions is of paramount importance. With the increasing frequency of cyber fraud and identity theft, businesses must adopt robust measures to safeguard their customers and protect their reputation. One such crucial process is the implementation of KYC (Know Your Customer) in eCommerce. In …
KYC in eCommerce: Ensuring Trust and Security in Online Transactions Read More »
In 2023 the world is becoming increasingly globalized, and businesses must navigate an array of AML PEPs and sanctions regulatory requirements. One such requirement is Anti-Money Laundering (AML) compliance, in particular the 6th Anti-Money Laundering directive, which involves identifying and verifying customers to prevent money laundering, terrorist financing, and other financial crimes. A key aspect …
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 …
W2 Product Roundup – Ensuring Efficiency Through UX Read More »
W2 CEO & Founder Warren Russell sat down with iGaming Future to discuss W2’s new affordability for Gambling solution and what it means for operators and the wider iGaming industry. Can you tell us a little bit more about your just-launched Affordability for Gambling Tool? W2’s new affordability allows operators to combine data assets from …
After attending my first ever Money 20/20 conference in Amsterdam a few weeks ago, I was blown away by how amazing it really was. Three full-on days networking with current and new partners, listening to some insightful discussions on the current state of play in the industry, and a central place for the whole payments …
Power Of Partnerships: The Payments Eco-System Is Changing Read More »
Over the last few months, W2’s engineering team has been hard at work on various valuable UX improvements to W2’s portal, to ensure that our client experience is as efficient and effective as possible. Here at W2, we are always looking at how we can develop current solutions and add exciting new products to further …
Valuing The Importance of UX – W2 Product Roundup Read More »
After attending my first ICE event last week to discuss problem gambling and affordability I was impressed by the grandiose of the event and seeing the creativity different companies invest in making them stand out from the crowd. For W2, we were situated within the consumer protection zone alongside our partners Crucial Compliance and nChain …
Problem Gambling & Affordability: Is Change Really Coming? Read More »
The Regtech industry in 2022 is growing rapidly. As regulation across payments, gambling, crypto, and Buy Now Pay Later continues to become more stringent, there is no surprise that we are seeing a boom in the interest in services which can satisfy the need to verify the identity of customers and prevent money laundering and …
Regtech Industry in 2022 & What’s Coming in the Future Read More »
After the Financial Conduct Authority (FCA) announced they were to crack down on potentially unfair and unclear contract terms from the likes of Clearpay and Klarna, who have been exponentially growing due to the boom in Buy Now Pay Later, there have been some rumblings on if it’s time to regulate the industry. The process …
