Tag / Articles
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ID Verification & Risk Mitigation: A Guide
ID verification is a critical part of compliance and due diligence. It allows firms to adhere to AML and KYC guidelines and protect themselves against insider threats and data breaches. According to a recent study, 80% of financial services organizations have experienced a breach related to verification and authentication weaknesses. Worse, human error is the cause of […]
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Mitigating Fraud: Beneficial Ownership & Due Diligence
Beneficial ownership complicates the due diligence process and poses serious risks to financial institutions.
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International due diligence challenges: A Guide to China
The countries’ growing data sphere poses a tricky opportunity: The information is there, but recent legislation renders it inaccessible. The Chinese government’s relationship with data and regulation is highly contested and longstanding; to understand the tumultuous nature of our…
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AI Washing Dangers: Due Diligence in Venture Capital
Before FTX and Delphia’s fraud scandals, venture capital culture was highly characterized by an ‘ends justify the means’ mindset. VC firms focused their due diligence efforts on evaluating startups’ business models, market potential, and financial health, scoping out founders only incidentally. Unfortunately, rapid growth and high returns bred fraudulent activities, like manipulating financial data […]
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Vetting Franchisees: A Guide for Franchises
Franchisee vetting mitigates reputational risk posed by the franchising model, and assures a positive fit. Thorough franchisee due diligence also lowers risk of franchise failure.
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Database Aggregators Aren’t Enough for Due Diligence
What is a Data Aggregator? Database aggregators compile large amounts of data and records into a centralized, searchable database. Some are well-suited to specific industries or use cases, like business intelligence or market research, while others are designed for due diligence. On one hand, due diligence data aggregators are highly convenient, inexpensive, and multi-use, making […]