by Fredrick John | Mar 1, 2023 | Australia / NZ, Blog
Australian financial institutions (FIs) spend billions of dollars on compliance each year, and the ongoing rise in volume and complexity of financial crime is making it more challenging to meet regulatory requirements while delivering simple, seamless customer...
by Fredrick John | Mar 1, 2023 | Australia / NZ, Blog
AUSTRAC has put a range of industries under a microscope this year. Recent cases of anti-money laundering (AML) and counter-terrorism financing (CTF) non-compliance have raised concern across the gaming and wagering industries, while many financial institutions are...
by Fredrick John | Feb 20, 2023 | Australia / NZ, Blog
An extra step for driver’s licence verifications following recent data breaches New changes are now in place for driver’s licence verifications to protect consumer identities in the wake of a number of high-profile data breaches recently. Consumers in every state of...
by Fredrick John | Aug 17, 2022 | Australia / NZ, Blog
It is imperative for companies across a range of industries, particularly in the finance sector, to know who they are doing business with. Know Your Customer (KYC) checks are a critical part of this process, and include a range of customer due diligence (CDD) measures...
by Fredrick John | Aug 5, 2022 | Australia / NZ, Blog
A Politically Exposed Person (PEP) is an individual who holds a prominent public position in a government or international organisation. Immediate family members or close associates of these people are also considered PEPs. A PEP check, or a PEP screening, is a vital...
