Creditro's blog

Read about Creditro's new functions. Find inspiration, tips and tricks.

    Product News

    Customised templates for risk assessments

    Our customers can now create differentiated and customised templates for risk assessments, to match their service and client types.

    KYC

    The challenges of manual KYC processes

    An effective KYC process is necessary for complying with AML regulations, but manual processes entails several challenges.

    AML

    Are you ready for an inspection?

    Are you curious about how an inspection actually works? Do you want to learn more about what to expect and prepare for?

    Credit Assessment

    What is Creditworthiness Assessment?

    When a company or an individual is assessed on their ability to meet financial obligations, it is referred to as a creditworthiness assessment.

    Compliance

    What is PCI DSS Compliance?

    PCI DSS stands for Payment Card Industry Data Security Standard. It is a set of security standards developed by credit card companies to ensure...

    Compliance

    What is regulatory compliance?

    Are you aware of the importance of regulatory compliance? Compliance is not only a legal requirement, but it's also critical for maintaining customer...

    AML

    Software and ultimate beneficial owners

    The question of who the Ultimate Beneficial Owner is, and the advantages of software is important, especially in the current socio-economic climate.

    KYC

    What is digital onboarding?

    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.

    KYC

    What is 'Know Your Third Party'?

    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...

    KYC

    How to future-proof your compliance strategy

    Future-proof your compliance strategy by taking a proactive approach to risk management, building great compliance culture, and investing in tech.

    AML

    AML Compliance in Law firms

    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.

    Risk Assessment

    Can you predict a financial crisis?

    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.

    AML

    Sharpen your awareness with a credit rating

    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.

    Credit Assessment

    How to spot a bankruptcy

    There are several warning signs before a business declares bankruptcy. Read more about warnings and high-risk industries.

    Credit Assessment

    ID and validation – why and how?

    ID verification and validation is essential for KYC. But how do you go about it? And what are the consequences of bad validation?

    KYC

    How to predict fraud

    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.

    KYC

    What is ODD?

    ODD stands for Ordinary Due Diligence, and contains many of the same points as KYC does.

    KYC

    KYC: Know your customer requirements

    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.

    KYC

    What is PEP?

    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...

    KYC

    What is CDD?

    The term Customer Due Diligence is significant in the new directive in the Money Laundering Act (AML 5). Read on to learn more.

    AML

    What is Customer Screening?

    Customer Screening is often used among banks and other companies within the financial sector. However, many different concepts describe the same...

    AML

    What is an RCA?

    It's crucial for companies subject to AML to check if their customers and business partners are PEPs, so they don't become RCAs.

    AML

    What is KYB?

    With efficient KYB processes, companies subject to AML can ensure that they only deal with genuine companies. Learn more about KYB.

    KYC

    The difference between KYC and AML

    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

    What is KYC?

    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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