AML Archives

Decode Digital IDV – Overcoming Common Fears in Wealth Management

Introduction Digital identity verification (IDV) holds the promise of enhanced security, streamlined processes, and improved client onboarding experiences. Yet, its adoption often brings hesitations. Concerns about data privacy, technical integration, and client acceptance can act as barriers to implementation. However, these challenges are far from insurmountable. With the right strategies, wealth managers can embrace this […]

Maximising ROI: The Impact of Modern Compliance Tools on Wealth Management

Wealth management firms operate in an environment where delivering exceptional client experiences must go hand-in-hand with meeting rigorous compliance requirements. Increasing regulatory expectations, combined with the evolving sophistication of financial crime, make it clear that traditional approaches to compliance are no longer enough. Modern compliance tools, such as advanced Identity Verification (ID&V) solutions, have become […]

Navigating Digital Identity Verification: A Wealth Manager’s Guide

The wealth management industry is undergoing a rapid digital transformation. Central to this evolution is the adoption of digital identity verification, a solution designed to enhance security, ensure compliance, and streamline client onboarding. With fraud and cybercrime on the rise, this shift is not only a necessity but a strategic advantage for firms aiming to […]

ID-Pal Exhibiting at Countering Financial Crime Conference

On 9th October 2024, the Isle of Man will host the “Countering Financial Crime Conference,” an important gathering for professionals dedicated to combating financial crime in today’s increasingly complex regulatory environment. Representing ID-Pal at this event will be Peter Davitt and Paul Agnew, who bring a wealth of experience in identity verification, fraud prevention and […]

EAFCS Post-Summit Report | ID-Pal CTO

My thoughts on the European Anti-Financial Crime Summit 2024 by Rob O’Farrell, CTO at ID-Pal Firstly, what an information-packed day! European Anti-Financial Crime Summit (EAFCS), hosted by AML Intelligence took place in the RDS, Dublin on May 16th. AML Intelligence did an amazing job organising and hosting it. The speakers were incredibly knowledgeable and well […]