We are sorry but this service is not available in your location.
Due diligence is the process banks follow when they verify the identity of their customers and ensure that these customers are not involved with money laundering and financial crime. When carrying out due diligence, a bank must: While the majority of customers will be subjected to a standard level of customer due diligence (CDD), high-risk
A new wave of digital banks has fundamentally changed the banking industry in recent years. Customers can now choose from a much wider range of innovative banking services. Disruption in the European digital banking and fintech sector has been particularly intense. New neo-banks and challenger banks have emerged and attracted many enthusiastic customers. For example,
BNPL ballooned during the pandemic, taking large chunks out of the credit card sector, and growth is continuing unabated to this day. People love the simplicity, the terms, and the fact it lets them make purchases with payments in small installments. So much so that 44% of people in the US say they would abandon their shopping carts
If you’re responsible for your organization’s technology, then you’ll be only too familiar with the daily challenges this role must overcome. Depending on your job description, you might well have to balance risk, compliance and security with delivering seamless architecture and flawless integrations, all with the executive board breathing down your neck. In the unsecured
As a customer onboarding and experience leader, your primary concern is people through the door, either figuratively or literally. When it comes to BNPL, that means creating enticing offers, an attractive brand and a platform for perfect service. From the very first touchpoint with a potential customer, you need a strategy that covers all the
If you’re in charge of customer onboarding at your unsecured lending business, then your priorities are clear. Simply put, you want an effective and quick process for new customers, low levels of customer churn and drop-outs, and the best possible customer service that makes people feel welcome and valued. You know the market is competitive,
The technological priorities of businesses in the buy now pay later (BNPL) sector are evolving as fast as the industry itself. The industry was valued at $141.8bn in 2021 and is expected to balloon at a compound annual growth rate of more than 33% in the years to 2026. This is a huge opportunity, but potentially also
With fresh uncertainty in the unsecured loans market, caused by rising interest rates and the cost of living hampering global customers, the risk of online fraudsters has risen. However, identity verification solutions offer businesses and customers the chance to stay safe throughout disruption. Fast decisions A 98% check automation rate gets customers through in about
As online fraud evolves at a dizzying speed, there has never been a better moment to review your security strategy and ensure it is appropriate for the current digital environment, able to protect against a multitude of new and emerging threats, and compliant with legal requirements. Bad actors are constantly searching for new ways to
In an online world rife with bad actors, security is necessary for today’s businesses to remain legally compliant, reputationally sound, and popular with customers. Identity verification (IDV) has risen in popularity among small companies and major global brands alike as a way to embed a successful security strategy. However, if a company is looking for
Login
Help Center
How to get verified