Overcoming AML Challenges for Payment Service Providers
Customers expect transactions to be completed instantaneously and regulatory compliance should not stand in the way. In our latest blog, we discuss the ongoing regulatory requirements for Payment Service Providers (PSP's) and how they can deliver the best experience possible to their customers by reducing unnecessary delays during onboarding and processing payments quickly and easily. Read more
AML Obligations in the Legal Sector: Tech it Seriously
Technology is rapidly changing the way we live, work, and interact with each other. Law firms are looking to adopt digital solutions to deal with AML regulations. In our latest blog, we discuss why investing in technology will pay dividends for law firms over the long term, reducing the cost and risk involved in due diligence activities, while demonstrating efficiency to their clients and compliance to regulators. Read more
Regulators Or Barbarians At The Gate
Are you ready for the 6th Anti Money Laundering Directive (6AMLD)?
The European Union’s Sixth Anti-Money Laundering Directive (6AMLD) must be implemented by 3 June 2021. In our latest blog, we discuss increasing accountability for companies and 'legal persons', and why obliged entities must take the steps necessary to improve transparency and identify their clients to prevent and detect money laundering crimes throughout the customer lifecycle. Read the full blog now!
Time to get serious about SEAR responsibilities
UBO Service shortlisted in the RegTech Insight Awards 2021
UBO Service has been shortlisted in 2 categories by the RegTech Insight Awards Europe 2021. The awards highlight RegTech solutions that have successfully improved firms ability to effectively respond to the evolving and increasing complex regulatory requirements across the global financial services industry. Read more
Expert Series: A Golden Era for Dirty Money
UBO Service and RapidLEI partnership announcement for enhanced KYC compliance solution
UBO Service announces partnership with Ubisecure and RapidLEI, the world’s number one issuer of Legal Entity Identifiers. Connecting financial markets, companies, and regulators.
Combining LEIs with our UBO declarations will enhance regulated entities' Know Your Customer and Enhanced Customer Due Diligence obligations by digitally tying an entity to a legal declaration. Read more
UBO Service guest appearance on - Ubisecure Let’s Talk About Digital Identity Podcast
Our Managing Director Ben Cronin was delighted to be a guest on this month's Let's Talk About Digital Identity podcast. Ben joins Oscar from Ubisecure to talk about the challenges around verifying accurate Ultimate Beneficial Owner information. He also discusses how UBO Service is leveraging Legal Entity Identifiers for Know Your Customer and Enhanced Customer Dur Diligence and the Global LEI foundation’s validation agent framework. List to the full podcast Now!