Melissa Opens New Locations in Europe and Asia to Deliver Data Quality Solutions to Expanding Financial Services, Healthcare, and Ecommerce Markets
Rancho Santa Margarita, CALIF – February 12, 2019 – Melissa, a leading provider of global contact data quality and identity verification solutions, today announced global growth in support of enterprise customer needs for identity verification and address management solutions.… Read More
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. After just one year, the etailer’s fraud and chargebacks were slashed by 90%, and verification time dropped to a minute!… Read More
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. national security and foreign policy.
Simply put, many bad actors attempt to realize their plans via financial means, including fraud, theft, banned commercial trading, or the funding of terrorism.… Read More
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. It’s required by regulators and government entities to head off such nasty things as money laundering, terrorist funding, corruption, and fraud.… Read More