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Let's explore how identity verification is effectively utilised in key industries such as wealth management, tax and accounting, and legal services:

Implementing a digital identity verification platform offers an effective solution, allowing businesses to protect themselves from financial crime, stay compliant with KYC and AML regulations, and offer a smooth customer experience.

This article will cover useful insights into how businesses can successfully implement an identity verification platform and face evolving fraud threats.

As the regulatory landscape in New Zealand undergoes incremental shifts, particularly in the realm of Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) compliance, businesses operating within the financial sector are compelled to adapt.

In the realm of financial services, the battle against money laundering and terrorism financing requires constant vigilance. For entities operating within Australia's financial landscape, compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations isn't a one-time task—it's an ongoing commitment. Enter ongoing monitoring—a vital practice often deemed as the backbone of regulatory compliance.

At the recent AML Summit Cloudcheck GBG sponsored, I was fortunate to be invited to participate in the tech panel on ‘Updates in AML Technology and What's Coming’. The focus of the discussion was on AI and generative AI. Here are some of the key takeaways I shared during the panel discussion:

We live in a global digital economy where cross-border transactions are now the norm. International payments are expected to surge from US$190tn in 2023 to a staggering US$290tn by 2030, according to recent reports.

Facing issues with your KYC  records often falls into the "too hard, too costly" basket. It means cleaning up outdated, inaccurate and incomplete client data and rescreening customers, something that too many businesses neglect.

How can you manage ongoing customer due diligence (OCDD) when faced with a large volume of ever-changing customer data? This article explains how automating your ongoing monitoring processes can help you stay compliant.

In an increasingly digital world, identity verification checks are critical in ensuring someone is who they say they are.

Cloudcheck is proud to share that one of our valued customers, Dosh, has recently won the Canstar Innovation Excellence Award in New Zealand.

In today's digital world, where cyber threats and financial crimes are on the rise, robust identity verification processes have become essential for safeguarding businesses and ensuring compliance with anti-money laundering (AML) regulations.