Fintech Connect 2018

Melissa UK Team | Address Check, Address Quality, Address Standardization, Address Verification, Big Data, Data Quality, FinTech, Global Address Verification, Global ID Verification, International Address Verification, News & Events, United Kingdom | , , , , , ,

Promising to be Europe’s most exciting fintech trade show, there was a real buzz surrounding Fintech Connect. The team had high hopes and we were not disappointed – Fintech Connect was a fantastic two days and we had a great time meeting other exhibitors and talking to a number of individuals about all things KYC and AML.… Read More

Electronic Identity Verification Reduces Ecommerce Fraud by 90%

Author | eIDV, FinTech, Identity Resolution, United Kingdom | , , , , , , , , , , ,

Ecommerce companies never seem to get ahead of sneaky fraudsters. Z1 Motorsports was no exception. Even after adopting an intensive 7-minute process to verify its customers, the company still suffered annual losses of $250,000, plus labor costs. Z1 realized something needed to be done – the automotive parts retailer called on Melissa for help with digital identity verification.… Read More

OFAC and KYC Loom Large for Financial Institutions

Melissa Team | Digital Identity Verification, eIDV, FinTech, Global ID Verification, Personator, Personator World | , , , , , , , , , , , , , , , ,

 In the alphabet soup of government agencies, OFAC looms large for financial institutions.

Sometimes considered one of “the most powerful yet unknown” government agencies, the Office of Foreign Assets Control—a part of the Treasury Department—enforces economic and trade sanctions in support of U.S.… Read More

Melissa and Scanovate Form Strategic Partnership for Mobile Identity Management

Melissa Team | Data Quality, FinTech | , ,

Dynamic Platform Integrates Melissa’s Real-Time Data Quality to Validate Customer Data for KYC, AML Compliance

Ramat-Gan, ISRAEL and Rancho Santa Margarita, CALIF – June 12, 2018 – Melissa, a leading provider of global contact data quality and identity verification solutions, today announced its strategic partnership with Scanovate, a digital identity management platform bringing dynamic, real-time tools to compliance initiatives.… Read More

Exploring the Necessary Steps for KYC Compliance

Melissa Team | EIV, FinTech, Global ID Verification, Identity Resolution | , , , ,

All businesses want to “know” their customers, right? After all, what you don’t know about consumers can definitely hurt you in lost sales, hindered growth, and impaired customer loyalty.

But for some industries—in particular the financial services, banking, and securities businesses—the phrase “know your customer” (KYC) means more than just good business.… Read More