Automating Anti Money Laundering Checks for Clean Customer Base

The fast-growing economies in the world are under huge threats. Slovakia, Guyana, Ethiopia, Czech Republic, and many others have a high projected growth rate with respect to their economies.

It is estimated that Guyana will have a projected growth rate of about 16.3% during the period 2018-2021, the fastest growing economy in the world. In all these countries, economic conditions will continue to improve having a rising GDP level as well as foreign exchange.

However, unfortunately, there are several challenges that such economies are facing. These challenges correspond to financial crimes such as money laundering and terrorist financing

Security Challenges for Financial Industries

The Security for financial industry is always prone to severe financial challenges among which the filtration of bad actors from the legitimate financial system has always been a goal

This is the reason that regulatory authorities came up with stringent regulations across the world in which banks and financial institutions need to be vigilant in their processes.

Bad actors in the financial system perform various malevolent activities due to which regulatory authorities have made it an obligation for institutions to perform ‘due diligence’ on the customers.

Financial Technology is Helpful…How?

The world is getting digitised. From the banking industry to healthcare and travel to retail, all industries are taking advantage of technological advancements paving their way for customers dealing. Moreover, they help fight against the bad actors in the system.

Similarly, banks and financial institutions can take into account financial technology and pave the way for the Fin tech industry as well. Financial technology helps fight against the bad actors by authenticating them online just the way banks do. Keeping both technology and streamlined financial services is not a dream now.

Modern technology is capable of dealing with bad actors online. They are able to verify each on boarding customer complying with the KYC (Know Your Customer) and Anti Money Laundering Check (AML) regulations.

The money launderer finds new ways to fool the financial systems. They do so by presenting false documents and identity to conceal the bad money. These instances can be mitigated by employing strong technology that could differentiate between the spoofing elements as well as photoshopped documents.

KYC verification process involves identity verification against documents and some other attributes. Biometric technology is integrated with online banking portals to identify and verify the customers in seconds.

The technology is able to detect the spoofing elements in the picture if any and performs face verification to ensure controlled access over the confidential accounts. This helps mitigate the risks of cyberattacks in a financial system.

Anti-money Laundering Measures

As economies are expanding their scope, businesses need to implement the methods in systems that help them identify each on boarding identity to fight against money launderers.

Anti-money alluring checks are already implemented in the identity verification API integrated with the financial system. That API is powerful enough to screen each customer against updated global watchlists, sanction lists, and databases of Politically Exposed Persons (PEPs).

In this way, customer identification is done. This approach corresponds to AML procedures that financial institutions need to perform to ensure a clean customer base.

KYC Verification Process helps financial businesses to ensure security as well as online user experience. To conclude, the increasing complexity in financial systems requires vigilant measures by financial businesses to deal with bad actors.

Institutions need to comply with regulatory obligations, security issues as well as online customer experience. Financial technology can help businesses achieves all these goals simultaneously.

Self-Pleasuring Shake-Up: Handy Techniques to Try

By the time a man reaches his mid-twenties, he’s likely to have self-stimulated hundreds of times; even those who self-gratify only occasionally will have probably done so a few dozen times. So it’s not unusual if a certain amount of boredom may have set in from using the same old techniques. Sure, the self-pleasuring is still pleasurable, but it may have become a bit routine. Shaking things up with some new hand jives, while at the same time taking care that they don’t impinge on male organ health, can add a little spice to a guy’s solo-sensual activities.

Staying handy

There are a number of ways that a guy can break out of a self-pleasuring rut, such as using sensual toys or other external additions. For the purposes of this article, however, the focus will be on ways of using the hands in a different manner, rather than adding a new object into the mix.

Simple change-up.

Although exact statistics are hard to come by, it’s generally agreed that the most popular form of male self-pleasuring involves wrapping one’s dominant hand around the male organ, forming a fist, and pumping up and down. Clearly, one easy way to make a change is simply to switch hands. If one typically wraps the right hand around, switch to the left (and vice versa).

All together.

Or one can use both hands. There are a number of variations on this theme. For example, a guy can stroke for a while with one hand, then switch to the other. He can place one hand at the base and the other at the tip and stroke simultaneously. Or he can pull one hand all the way from tip to base, followed by the other, and keep alternating. For those who use internet-based visual stimulation while self-gratifying, it may make it difficult to click from one site to another, of course.

Get a new grip.

Simply varying the tightness of one’s grip can also add some variety. Men who tend to grip tightly can benefit from a lighter touch; even better, it can be fun to start with a tight grip but, as one approaches a release, to switch to a very, very light touch.

Palm it.

Rather than a tight grip, try palming the member. Place one hand on one side of the manhood and one on the other, palms straight out. Then rub, with one hand going back and the other going forward, then reversing it. Many men used to a grip-based method find this intensely pleasurable.

Slap it around.

Beating the meat is a popular euphemism for self-pleasuring, so why not go that route? A guy shouldn’t actually beat his manhood, as that can cause both pain and damage; however, a little gentle slapping can be effective. The trick is to use whatever method works for obtaining tumescence, and then slap the member from one hand to the other, increasing the speed and the intensity as one goes along to bring about release.

Go numb.

For this method, a guy needs to put his hand to sleep, i.e., make it feel numb. (This can often be accomplished by sitting on it for a few minutes.) He then self-gratifies with the numb hand. Because there is a lack of sensation in the hand, it creates the illusion that he is being self-stimulated by another person – at least as long as the numbness persists.

New self-pleasuring techniques will be even more effective if a man is using a quality male organ health crème (health professionals recommend Man1 Man Oil) to keep his member healthy. The favored crème will include acetyl L-carnitine. Why? This ingredient is neuroprotective and helps to restore lost sensitivity to the manhood – a common issue for men who have self-gratified for many years. The best crème should also contain vitamin C, which is important for collagen production and male member tissue firmness. Maintaining a male organ at its best health will make all forms of sensual activity more enjoyable.

Visit http://www.menshealthfirst.com for additional information on most common manhood health issues, tips on improving member sensitivity and what to do to maintain a healthy male organ. John Dugan is a professional writer who specializes in men’s health issues and is an ongoing contributing writer to numerous websites.

Joomla Development Services and Web Designing Company in Dubai

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