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CreditorWatch Blog

KYC and AML Compliance in a Nutshell

KYC and AML Compliance in a Nutshell

Understanding KYC and AML The advancements of our digital era have made it easier to connect businesses and consumers around the world. While technology has increased economic activity, it has also increased the risk associated with doing business. Large organisations, particularly those in the finance industry, should be familiar with AUSTRAC’s Anti-Money Laundering/ Counter-Terrorism Financing […]

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Identifying an Ultimate Beneficial Owner is Simple with CreditorWatch

Identifying an Ultimate Beneficial Owner is Simple with CreditorWatch

CreditorWatch has recently released a new product: The Ultimate Beneficial Owner’s Report What can you gain from the Ultimate Beneficial Owner’s Report (UBO)? CreditorWatch recognises the responsibility that comes with compliance to Know Your Customer (KYC) requirements and AUSTRAC’s Anti-Money Laundering/ Counter-Terrorism Financing Act 2006. With our Ultimate Beneficial Owner (UBO) Report, we take the […]

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More Data Added to Payment Predictor

More Data Added to Payment Predictor

Learn how payment predictor can help you Deteriorating payment behaviour is a leading indicator of credit risk. The payment predictor assists CreditorWatch customers to understand a company’s payment history across a 12-month period, helping to identify slow paying businesses. The payment predictor now includes industry-specific data as well, allowing a comparison between how a business […]

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Review your customers annually with this ApplyEasy feature

Review your customers annually with this ApplyEasy feature

Do you review your customers on an annual basis? ApplyEasy makes this easy with the Credit Limit Reassessment feature. This new feature acts as a reminder tool to notify you when a customer is coming up to the anniversary of their initial approval. You are then provided with the ability to re-evaluate the customer’s credit […]

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