ComReg’s Post

The data crimes keep coming. It's a large international financial services company. They previously emailed me a form to fill out and email back. I refused since it contained personal information and they should have a secure method to handle this. I was then told they had a secure method and they were setting it up to send to me for e-signature. Then they sent me an email telling me this proved impossible because the form contains an address field that will not accept addresses outside of Canada. So, they're going to use snail mail during a postal strike. Come on! You're an international company! You have customers all over the world! How does an address field become your downfall? Not only do I know data people who work there, I also know they're always trying to hire data people. Now I know why. #CrimesAgainstData

KYC- What a time!! 😮💨🙏🏾 As a sales leader in the fast-paced world of telecommunications, I've come to appreciate the art of navigating the ups and downs that define our industry. From the slow starts to the last-minute rushes, and everything in between. Every twist and turn teaches us valuable lessons in resilience and adaptability, and KYC is no different expect this time you are SERVING ALL of your customers (This is not what we meant when we said we wanted a service that can cut across all of our base😂) Our customers rely on us to keep them connected with minimal interruptions, especially when the pressure mounts. This is where our dedication shines through. The long hours, the sudden changes and having to quickly adapt including the relentless pursuit of solutions – they all culminate in ensuring our customers stay seamlessly connected. To my incredible team: I see your unwavering commitment and tenacity. As we approach the finish line, amidst the hustle and bustle, I want to express how immensely proud I am of each of you. Your hard work and determination are the backbone of our success. 3 days left. Hang in there, team. Together, we're not just meeting challenges; we're exceeding expectations and shaping the future of telecommunications. ….and to your Our amazing Orange Botswana team customers: should you not have yet managed to do your KYC yet, please use the below link to complete your KYC; https://kyc.orange.co.bw/ Remember; KYC deadline is the 30th June 2024 #KYC #OBW #Teamwork #CustomerFirst

Join the Fight Against Digital Payment Fraud in West Africa! 🚨 Regtech Africa is excited to partner with AIR - Alliance for Innovative Regulation (AIR) for the upcoming TechSprint to Combat Digital Payment Fraud. 🌍💡 As digital payments soar across West Africa, so do the risks of fraud. This TechSprint is your chance to make a real difference by helping protect consumer trust and securing the future of our digital economy! 🚀💳 🔑 Two Tracks: Whether you're a tech innovator or a problem solver, there's a place for you! 🎤 Virtual Conference: Open to the public, featuring industry experts and global leaders in fintech. 📅 Apply Now to be part of this game-changing event: https://lnkd.in/e6YdWsub In collaboration with Africa Fintech Network, Paycode, The RegTech Association, and more! Let's come together to build a safer digital ecosystem. #Fintech #RegTech #DigitalPayments #FraudPrevention #TechInnovation #WestAfrica #TechSprint #Cybersecurity

Australia’s WINR Data Partners With One of Europe’s Leading Providers of Credit Information Creditinfo Group Creditinfo has chosen WINR to help safeguard its services against fraudulent activity in over 30 countries with an additional layer of identity verification. The new partnership enables one of Europe’s leading providers of credit information and risk management solutions to access WINR’s significant data asset of deterministic identifiers via a single API. With 33 bureaus across four continents, Creditinfo Group facilitates access to finance in both mature and emerging markets. WINR’s international consortium of privacy-compliant data spans the EU, Latin America, Asia-Pacific and more making it the ideal partner to bolster trust among Creditinfo’s clients worldwide. https://lnkd.in/eMpkjdtF #money2020 #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

With our partner’s innovative platform, Stakeholders Voice users have a direct path to turning their new policies into signed legislation that creates positive change ✨ 〰️ The only way to guarantee that participants in the policy creation system are American citizens is to conduct document and biometric ID verification to confirm their identity and authenticate their personal information. 〰️ Now, with our automated KYC software, Stakeholders Voice adds a huge layer of trust, giving members the needed confidence and making sure that bad actors aren’t accessing sensitive data. Head to read more about the improved onboarding process: https://bit.ly/3UFdi7N

Imagine you’re a US citizen visiting family on a vacation to Cuba. When you get there, your US bank account or Fintech account freezes because you’ve entered a country under US Sanctions. Then when you return, you often have to call your institution and go through full KYC to unlock your account. The institution's situation isn’t much better. If they see an alert that a customer is out of the country, they often have to flag it manually for enhanced due diligence (EDD) and then drive a series of KYC workflows. This process always bugged me and I was dying to build a better solution. So we did. How? Here’s how. 👇 👉 Identify a user is in a Sanctioned country at onboarding or login, even if they’re using a VPN or proxy 👉 Automatically route the alert to an Enhanced Due Diligence queue for either manual review, or straight through processing 👉 If additional KYC or step-up authentication is required, trigger that automatically. The user experience gets much slicker, and the compliance teams workload gets a little better. If you’re itching to build better tools for compliance teams, we’re hiring a Senior Compliance PM. I’d love to show you what we have in mind, and get your wildest ideas for what we can build together. Drop me a DM or check out our careers page :)

💡 Did You Know? 💡 KYC (Know Your Customer) compliance isn’t just a regulatory checkbox—it’s essential for building trust and security in today’s digital world. At Identify Africa, we’ve developed robust KYC solutions that allow businesses to instantly verify identities across Africa, helping to reduce fraud, simplify onboarding, and ensure safe, seamless access for users. 🔍 How We Help: Instant Verification: Identify Africa’s API enables real-time ID verification across multiple countries, providing businesses with secure access to verification services. Regulatory Compliance: We maintain a 95% compliance rate with both local and international standards, making compliance effortless for your business. Reduced Onboarding Time: Our streamlined process reduces client onboarding time by up to 80%, enabling your team to focus on growth and service. Why This Matters: In markets where trust is critical, having reliable KYC solutions ensures that every interaction is secure, transparent, and compliant. It’s about safeguarding identities and creating lasting, positive business relationships. #IdentifyAfrica #SecureIdentityVerification #APIs #KYCVerification #FintechAPIs #Fintech

Africa’s digital economy is expanding rapidly, opening new doors for businesses and consumers alike. But with this growth comes increased risk—and the need for trust. In our newest blog post, we discuss why background checks are essential in establishing safe, reliable interactions in this fast-paced market. For businesses, understanding and managing risk isn’t just about due diligence; it’s about creating a foundation of trust that fosters sustainable growth. https://lnkd.in/d33ydHHJ

What is the secret to compliance in the Financial Sector? 👉🏾 Download Our In-Depth Case Study Managing the intricacies of regulatory compliance in the financial industry is often a demanding task. Discover how a leading financial institution in South Africa transformed its approach to meeting stringent regulatory demands with the help of XTND’s VeriX Verification and Screening Solution. https://bit.ly/3BJdjAD

#Fraud comes up time and time again as one of the major #consumer #protection challenges that we all face. Some level of fraud is inevitable and we should not be striving for a zero fraud environment. But if left unchecked at current rates, I fear that consumers will turn their backs on digital financial services. In that context, the techsprint that Shelley Anderson and the AIR - Alliance for Innovative Regulation team have launched is very important, and we (William Blackmon, Brian Mwesigwa, Henry Chukwu) hope we can play a small part in delivering a successful sprint with lasting impacts on market and consumer outcomes. Also relevant for Matthew Bird, Rafael Mazer, Lisa Spantig, Lucy Kaaria and other researchers working on fraud - please repost and comment widely for reach.