Read about Creditro's new functions. Find inspiration, tips and tricks.
To fully comply with the AML Act, KYC is not enough. You also need to complete a Risk Assessment and here's a guide to help you get started.
The Danish Business Authority's audit reactions in 2024 show clear tendencies for which areas are lacking in companies' AML efforts.
For businesses who are fighting money laundering and financial crime, it is a big task to spot the crooks. Here are some red flags you should act on.
We now offer assistance for anything from policies & procedures, to training & education and quality control of the compliance work in your company.
Our customers can now create differentiated and customised templates for risk assessments, to match their service and client types.
Learn how to strengthen your company's compliance for enhanced ethics, risk management, and sustainable growth, and build a stronger corporate...
An effective KYC process is necessary for complying with AML regulations, but manual processes entails several challenges.
Are you curious about how an inspection actually works? Do you want to learn more about what to expect and prepare for?
When a company or an individual is assessed on their ability to meet financial obligations, it is referred to as a creditworthiness assessment.
PCI DSS stands for Payment Card Industry Data Security Standard. It is a set of security standards developed by credit card companies to ensure...
Organisations that process the personal data of EU citizens must comply with the GDPR requirements.
The General Data Protection Regulation (GDPR) has had a significant impact on organizations that process the personal data of EU citizens.
Are you aware of the importance of regulatory compliance? Compliance is not only a legal requirement, but it's also critical for maintaining customer...
Compliance costs money; regardless of whether you choose technology or analogue measures, you've got to 'show the money' - so, how does it pay off?
The question of who the Ultimate Beneficial Owner is, and the advantages of software is important, especially in the current socio-economic climate.
Visma Creditro is pleased to announce that we have obtained an ISAE 3000 declaration with a high degree of assurance.
What is Customer Due Diligence and what are the requirements for the banking industry? And why is the world of banking jumping on the software train?
Why is digital onboarding popular? And how do you make it a part of your success? Learn the do's and don'ts in this article.
Due diligence on all new and existing third parties is just one of the vital steps to improve your knowledge of third parties and their risks; we...
Future-proof your compliance strategy by taking a proactive approach to risk management, building great compliance culture, and investing in tech.
Compliance with AML for law firms is vital as they are held accountable for the act if they fail to. In this article, Creditro gives you how and why.
The Danish Bar and Law Society has released a revised guide for compliance with the Anti-Money Laundering Act, and we're giving you an overview here.
What are the benefits of digital onboarding? And how do you implement it? We have written guide for you.
2008 is a year we won't forget. Can we learn from our mistakes and predict crises? We're analysing the world economy through historical lenses.
Missing payments and debt collection cases are increased by 62 pct. in Europe - it's time to restock your toolbox; here are 10 tips to avoid bad...
Consumer screening is an area within the financial sector with opportunities for optimisation. Get five tips for efficiency here.
In September 2020, almost 200 companies went bankrupt; it's vital to know the environment around you – see how a credit rating might be your answer.
There are several warning signs before a business declares bankruptcy. Read more about warnings and high-risk industries.
Fraud can significantly impact victims, businesses, and the economy - fraud and fraudsters come in different shapes.
ID verification and validation is essential for KYC. But how do you go about it? And what are the consequences of bad validation?
To make sure that you have a fulfilling credit assessment on all of your customers, read these nine tips.
Everyone can become a victim of fraud. Want to make the chance of you becoming a victim smaller? Read on for tips on how to predict fraud.
Time doesn't stand still in the financial sector. Read on for input on how AI can help your business with KYC.
ODD stands for Ordinary Due Diligence, and contains many of the same points as KYC does.
KYC can be a tricky process due to all of the requirements. However, no need to worry, we're listing them all for you right here.
PEP is a politically exposed person and a statutory part of KYC checks according to AML legislation; it's crucial to know exactly what PEP means and...
In this article, Visma Creditro takes you through the world of laundering - How does it work? How do you spot it? And which measures are best?
The term Customer Due Diligence is significant in the new directive in the Money Laundering Act (AML 5). Read on to learn more.
Customer Screening is often used among banks and other companies within the financial sector. However, many different concepts describe the same...
Money laundering is when black money is washed white. What do you need to know, so you don't end up in a sticky situation? Read on to learn more.
Terror financing can be anything from salary payments to donations, and black money quickly goes hand in hand with terror financing.
CDD, or Customer Due Diligence, is a term used often in the financial sector. It is a concept that is important for companies subject to AML...
It's crucial for companies subject to AML to check if their customers and business partners are PEPs, so they don't become RCAs.
Will there be another financial crisis? Central banks are beginning to indicate it.
Sanctions can have a big impact on your ability to take in certain customers.
When the pandemic hit in 2020, the danish government paid out financial compensation to 89% of the applicants. See our analysis of the payout here.
With efficient KYB processes, companies subject to AML can ensure that they only deal with genuine companies. Learn more about KYB.
Although KYC and AML is often used interchangeably, they do not have the same meaning. Get an overview of the differences and relationship between...
KYC stands for Know Your Customer - learn which measures are required by law and how decisions in the EU affect your company.
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