Creditro's blog

KYC

What is terrorist financing and how does it work?

Terror financing can be anything from salary payments to donations, and black money quickly goes hand in hand with terror financing.

KYC

Why CDD is essential for companies subject to AML legislation

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...

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.

Credit Assessment

Are you ready for financial crisis

Will there be another financial crisis? Central banks are beginning to indicate it.

Compliance

What are sanctions, and how do they work?

Sanctions can have a big impact on your ability to take in certain customers.

Credit Assessment

2.2 billion in aid packages paid to companies with lousy credit-rating

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.

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.