Search results for 'team'
Is the future a digital right to work?
Tony Machin
June 22, 2021
Could a digital Right to Work (RtW) solution make RtW checks faster, more convenient and more secure? In an article in HR Director (published June 2021), I looked at Right to Work (RtW) checks and considered this question. Here are some of my thoughts…
Digital KYC checks combined with human expertise – the best way to protect your business
Tony Machin
June 14, 2021
What is a digital Know Your Customer (KYC) check and is it important? We are living in a digital age. Smart phones, smart speakers and connected devices are everywhere, and connected to all aspects of our lives. So, if you are working in a profession that requires you to comply with UK anti-money laundering (AML) […]
Keeping up with the big players – how IFAs can manage KYC compliance with limited resources
Tony Machin
June 8, 2021
As an Independent Financial Advisor, you’re legally required to perform Know Your Customer (KYC) checks as part of Anti-Money Laundering (AML) compliance. But, even without the legal imperative, there are compelling reasons to follow due diligence. Properly conducted KYC checks can not only guard against money laundering, but also prevent corruption and fraud. All these […]
What is KYC and why are online KYC checks good for small businesses
Tony Machin
March 8, 2021
With identity and financial fraud risks growing in an increasingly online, remote world, no business is safe from financial fraud. A recent poll from major accountancy firm BDO found that six in ten mid-sized businesses in the UK were hit by fraud in 2020, with an average loss totalling £245,000.
A guide to identity verification
Tony Machin
December 23, 2020
Identity verification is a process which helps to ensure that an individual is who they say they are. Organisations of all sizes verify the identity of their customers, employees, and users to protect themselves from fraud, create trust and comply with local legislative requirements.
How Randstad, the world’s biggest recruiter uses online identity verification to support their applicant on-boarding
Sarah Croft
November 16, 2020
Randstad started in 1960 and have grown to become the world’s largest recruitment and HR services company, active in 38 markets globally. Since 2017, Randstad have been using online identity verification services to help check identity documents from the thousands of applicants that they work with on a daily basis.
3 reasons to review your compliance processes
Tony Machin
October 15, 2020
In our new working environment, updating your internal compliance processes around identity checks for customers, staff or tenants may not feel like a high priority. But many experts are talking about a new world of fraud and dishonesty, fuelled by the crisis. Find out more in this blog.
Remote Right to Study checks – could ‘remote checks’ be the new normal?
Tony Machin
August 6, 2020
When the Covid-19 pandemic hit, we all saw an overnight switch from face-to-face to online. For the 2020 intake, verifying identity remotely became a new and unique challenge for many colleges and universities who quickly needed to find a way to confirm that the students they are enrolling are actually who they claim to be.
The TrustID Document Helpdesk: a look behind the scenes
Tony Machin
April 20, 2020
One of the things which we’re particularly proud of at TrustID is our Document Helpdesk Team. They are experts in identity document validation and legislation and offer a unique and valuable service to our customers. Read on to find out more about this expert team and how they work.
Making remote identity checks in today’s world
Tony Machin
March 23, 2020
We’re all being advised to work from home where possible. This clearly makes receiving and checking physical documents in the presence of applicants a bit of challenge and lots of our customers are asking about checking identity documents remotely. Find out more about the changes in this blog.
