CCR Magazine

You are here  :Home arrow News arrow Callcredit partners with DueDil for enhanced checks with the launch of ‘KYC for Business’
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Callcredit partners with DueDil for enhanced checks with the launch of ‘KYC for Business’ PDF Print E-mail
Tuesday, 11 July 2017
Callcredit Information Group, a leading consumer identification and verification provider and DueDil, a leading online company information provider, have partnered to launch KYC for Business - an enhanced KYC (know your customer) service.

The new KYC for Business service will offer clients the combination of two best-in-class services via one single enquiry, helping to streamline any business customer checks they need to perform whilst ensuring they are compliant.

Clients of the service will be able to perform business and individual identity and verification checks in real-time, ensuring they satisfy KYC requirements without impacting the customer journey.

The requirement to carry out enhanced due diligence checks* mean that when undertaking financial transactions with other businesses, organisations need to ensure they are both familiar with the business they are transacting with and any related companies – and that they have also performed the correct checks on any directors and beneficiaries of that business.

The Callcredit-DueDil KYC for Business service, will be available via a single application programming interface (API) which allows clients to feed the information directly into its own systems, or via a browser for a remote view. Clients will be able to make use of both parts of the service together, or they can use either on its own, depending on their requirements.

Alan Golob, Data Solutions Director, Callcredit Information Group, said: “This service provides a one-stop-shop for a business’s identification and verification needs. By combining Callcredit’s data, industry knowledge and first line support capabilities with DueDil’s data and development expertise, we’ve created a service that will fully integrate into a client’s system or work as a standalone tool.

“Advancements in regulatory requirements have caused many businesses to reassess their processes and checks, and this solution answers this need.”

Damian Kimmelman, CEO of DueDil, said, “Compliance is not only a regulatory requirement, it is the heart of every resilient business. This can only be achieved by having a true and comprehensive profile of the customers that you are dealing with. Customers of our new service will have the comfort of knowing that they can make KYC checks in a simple, automated way through a platform which is underpinned by one of Europe’s largest company information sources.”
 

 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

subscriptions

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
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197