CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Callcredit helps global money transfer firm, World First, tackle money laundering
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Callcredit helps global money transfer firm, World First, tackle money laundering PDF Print E-mail
Thursday, 01 October 2015

UK-based foreign exchange company World First is working with Callcredit to help protect itself from fraud and reputational risk.

World First has grown considerably over the last four years and earlier this year was listed in the Real Business’s ‘Hot 100’ fastest growing private companies in Britain for the fourth consecutive year.  With this growth and over 76 thousand customers it is important for the international payments company to have a robust solution in place to help reduce the risk of money laundering and meet regulation whilst providing a seamless customer service.

The UK Government estimates that serious organised crime in the UK generates upwards of £24bn a year.  Through using Callcredit’s ID verification solution, World First can help protect itself from criminals trying to abuse the service it provides by validating an identity actually exists as well as then verifying that identity belongs to the person presenting the information. World First will also be able to perform a full anti-money laundering check on an individual.

Nathan Driscoll, Sales Manager, Callcredit Information Group said: “Currency brokers are now becoming a significant player in a sector that was once dominated by banks and Western Union.  World First’s success clearly highlights this growth, but with growth comes a potential for increased risk.  We are delighted to be working with World First and helping their customers to interact with them remotely, whilst safeguarding World First against money laundering and fraud.”

Peter Wood, MLRO, World First said: “Callcredit’s simplistic pricing structure and the increased detail of information provided, in an easy to understand format, and great match results made our choice to switch providers an easy one.”

(Source - Callcredit News Alert)

3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197