Category: EDD

When Source of Funds Gets Personal

The FCA recently issued large misconduct fines to two company officers and banned the two company directors from working in financial services. The CEO and former managing director were caught when attempting to acquire a UK bank and Reading Football Club. The FCA issued the fines and bans to Paul Taylor, former CEO of Blue…
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Avoco Trust Source of Funds is one of four services to be made available on G-Cloud 15

Four identity orchestration services are coming to G-Cloud 15 for government procurement Avoco has consistently qualified as an official Cloud Software supplier for the UK government. Avoco is proud to be included on the latest government procurement platform, G-Cloud 15. Four of Avoco’s verification orchestration services and related products will be available through the G-Cloud…
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Source of Funds, Source of Wealth, KYC, What Does it All Mean?

An exploration of the verification and terms used in anti-money laundering (AML) and identity checks. The tech sector is renowned for its use of acronyms. Often, these acronyms cover more than one technology, take IDP, for example. An IDP can mean an ‘Identity Provider’ or ‘Intelligent Document Processing.’ Words and phrases, too, can mean multiple…
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