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 …
With the Gambling Act 2005 currently under review and an updated version expected to arrive in 2021, the question still remains on whether the Department for Digital, Culture, Media & Sport (DCMS) will bring changes that the gambling industry is desperate for. When I joined W2 my first key focus was speaking to UK gambling …
Gambling Act Review 2021: Is Change on the Horizon? Read More »
W2, leading provider of regulatory compliance technology has today announced they are intensifying their partnership with global Fraud Prevention experts Cybertonica, dramatically improving both businesses’ offerings to a large portfolio of clients requiring a hub for all fraud, risk and compliance checks. Partners since 2017, both businesses look to use the power of collaboration in …
W2 Business Development Executive Lynsey Hoxha investigates the rise of deepfakes and the risks that they pose. How can businesses identify deepfakes and ensure that no fraudulent activity or security risks are posed to their business? Deepfakes are on the rise. Yet another tool that fraudsters can use to infiltrate businesses and leverage identity fraud by the …
Deepfakes Are On The Rise: A Fraud Threat Explained Read More »
In our last blog, we discussed the recent trend for paying with cryptocurrencies, currently growing at around 30% per month. These payment instruments offer lower costs and much faster settlement compared with traditional cards and digital wallets. However, those very advantages – speed and immediacy – are proving a real headache for regulators looking to …
Ultimate Beneficial Ownership: The Next Compliance Challenge Read More »
W2, leading provider of regulatory compliance software has today announced a channel partnership with card manufacturing firm TagNitecrest. The partnership will see both parties use their experience and knowledge of the payments and fintech industry to strength the eco-system and enable businesses to find simplicity in a usually complex process. W2 and TagNitecrest have already collaborated …
W2 And TagNitecrest Announce Partnership To Strengthen Payments Eco-System Read More »
Cryptocurrency – If you are a child of the 80s, you will no doubt remember the great philosopher Ferris Bueller’s infamous musing, “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it”. Today, life moves very fast and change is constant. COVID appears to be a …
W2, the leading provider of regulatory compliance software, has today announced a strategic partnership with Virgin Experience Days to supply global eKYC for customer onboarding. Virgin Experience Days will use W2’s award winning global eKYC solution integrated via API and with use of the W2 portal to onboard customers for their leisure vouchers to end …
W2 Announces Partnership with Virgin Experience Days for Streamlined Compliance Read More »
What a difference a year makes. Just eighteen months ago, leading global bankers were describing cryptocurrencies as “a worse [bubble] than tulip bulbs” – and now Goldman Sachs has launched its own crypto trading desk, while JP Morgan is planning its own crypto coin. These leading banks are simply following the market, with a host …
Fast-Rising Crypto Payments Make Better KYC A Must Read More »
One of the most rewarding aspects of the space we work in is the ability to utilise our networks and collaborate with like-minded businesses to keep the focus on growing the Regtech industry. W2 is on a mission to ensuring that complexity should never be a barrier to business and working alongside our partners within the eco-system of …
W2’s Partner Network: The Importance of Collaboration Read More »
