This report was initially published in July 2024 and updated in December 2024 to reflect regulatory changes seen over the previous 6 months.
Get ahead with a winning fraud prevention strategy
In a rapidly evolving regulatory environment, staying compliant is crucial for financial institutions and fintechs. Our eBook, "Navigating Regulatory Changes and Mitigating Risk in Business Onboarding," offers essential insights and practical strategies to help you navigate these challenges.
Why read this eBook?
For fintechs, staying compliant with evolving regulations is essential to build trust with sponsor banks, regulators, and customers. This eBook highlights the importance of adhering to strict standards, addressing banking partners' concerns, and aligning with government guidelines. Gain practical advice to demonstrate a proactive focus on compliance and strengthen your business relationships.
Key takeaways:
- Regulatory Landscape Overview: Understand the latest trends in financial crime prevention and AML practices.
- Address and UBO Verification: Learn the importance of thorough due diligence in verifying business addresses and identifying Ultimate Beneficial Owners (UBOs).
- Practical Compliance Strategies: Get actionable tips to improve your onboarding processes and stay compliant.
Want to learn more?
Join Middesk co-founders, Kyle Mack and Kurt Ruppel, and watch our on-demand webinar for a deep dive into the critical world of address fraud prevention.
