Similar to the identification and monitoring applied to individual accounts, corporate accounts also require know your client (KYC) practices. In this article, we will highlight the logistical challenges organisations face when implementing and conducting KYB on its customers. Though the Know Your Business (KYB) process holds broad comparisons to KYC for individual customers, the details […]
Governance – a topic that likely strikes mild concern, or at best vague interest in the hearts and minds of most managers. Does it really matter if status reports are not submitted on time? Do those risks need to be formally logged? Can’t timesheets wait until the end of the month? My team hasn’t changed, […]
The landscape for banking services has changed beyond recognition in the last few years. The award of the first retail banking license for 100 years to Metro Bank in 2010, opened the flood gates, and since then ever more challenger banks and fintechs are disrupting the market. Many challenger banks are targeting specific customer segments […]
In this article, we are going to use Celery, RabbitMQ, and Redis to build a distributed Task queue.But what is a distributed task queue, and why would you build one? A distributed task queue allows you offload work to another process, to be handled asynchronously (once you push the work onto the queue, you don’t wait) and in […]
Screening for sanctions names is tricky. As well as people trying to hide their identity by using an alias, names can be presented for screening in all sorts of different ways. Matching a name on a sanctions list requires a screening system with complex algorithms that will identify the match without also creating a significant […]
The speed of digital transformation is continually accelerating due to advances in internet bandwidth, cloud computing and the explosion of internet enabled devices. This has been exacerbated in the post-pandemic era, where remote working and social distancing have made digital transformation critical for businesses. Many organisations are grappling to understand how to engage better with […]
