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 »
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 …
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 »
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 …
When it comes to providing customers with a positive onboarding journey, I believe that automation is key. But in 2022, many regulated businesses are still looking to manual checking when onboarding customers and performing necessary checks to comply with various regulations. At W2, our core business model is to provide our customers with all of …
As payments go digital and new methods such as Account to Account (A2A), crypto and Buy-Now-Pay-Later (BNPL) rocket in popularity, regulators are struggling to keep up with the pace of change. Here’s our overview of recent developments in key regulation areas – and predictions for 2022. BNPL: in the run-up to Christmas 2021, various press …
The Regulatory Year In Review – And What’s Next For 2022 Read More »
W2, leading provider of regulatory compliance services, has today announced a partnership with Scottish fintech Miconex, who provide places with a tangible means to retain spend in their local area through their Town & City Gift Card programmes. Active in over 70 places in the UK and Ireland, Town & City Gift Card programmes drive …
W2 Announces Partnership With Miconex Providing KYC & AML Read More »
“We cannot make the operators the police,” said W2 founder and CEO Warren Russell, as he called on all key stakeholders within the UK’s igaming industry to work collaboratively to identify problem gambling and become better aware of its real dangers. Russell spoke to SBC News about why Know Your Customer checks are not just a task for …
As the number of FinTechs skyrocket, KYC in Ireland is more important that ever. According to The FinTech Times, the number of FinTechs incorporated in Ireland grew by 30% over the last two years, fuelled by Brexit and Ireland’s growing reputation as a financial services centre. Although Ireland has long sought to enhance its reputation …
