Author Archives: Azeem Rashid

Lawtech 365 Closes Oversubscribed Seed Funding Round for Technology to Revolutionise the Legal Sector

The investment is led by ADN Capital, with participation from a group of angel investors, which includes legaltech’s heavy-hitter names such as Samera Mohammed, Amrit Johal and Hockham Suthi. The seed financing round follows a previous pre-seed investment in the … Read More

Failing to deliver a great client experience

Client experience, not a phrase thrown around much. In some circles it isn’t used because they don’t know what it means, in other circles they don’t use it because it doesn’t matter to them and to others don’t mention it … Read More

The Benefits of Moving to Digital for AML Compliance

More than ever before, law firms are striving to increase fees through faster, easier and lower-cost, digital channels. Yet, the current regulatory and cybersecurity landscape creates a layer of complexity. Consumers want the convenience of accessing legal advice through digital … Read More

How to Simplify Remote Client Onboarding for Law Firms

Meeting compliance regulations with digital verifications Remote and automated anti-money laundering checks (AML) and biometric ID verifications (eIDV) become more critical and challenging as legal transactions move online. Identifying and onboarding your clients, checking PEPs and sanctions lists, verifying their … Read More

Why ID verification is important for online security

ID verifications have become paramount to law firm online security, so much so that the governments are cracking down on organisations and conventional processes that fall short in protecting themselves and their clients. The future of ID verification is remote, … Read More

Verify 365 Announces Integration with Actionstep

A market leading, legal, anti-money laundering (AML) solution, Verify 365, has completed and announced their integration with an established, best in class, Case Management System, Actionstep.   Verify 365 established in 2021 provides a marketing leading client AML solution directly … Read More

The benefits of a remote AML check for solicitors

In the legal sector, money laundering is a growing concern for most law firms. Fraudsters continue to take advantage of weak security measures and they continue to slip through the safety net. Creating a continued threat to practices. AML checks … Read More

The EU’s 6th AML Directive, what is it?

The European Union’s 6th Anti Money Laundering Directive “6AMLD”, came into effect for EU member states on 3 December 2020 and financial institutions in member states were required to implement 6AMLD by 3 June 2021. The new directive has been … Read More

Adverse Media, why is it so important in AML checks?

Have you heard about adverse media checks? Do you know what they are and why they are so important? Well imagine this. Your reception phone rings, and it is a potential client, they explain they want to buy a property … Read More

Client Onboarding & AML Compliance for Lawyers: Why Digital Onboarding is the Future

The coronavirus pandemic has accelerated the need for technology that helps businesses create efficient processes. The legal sector, and specifically the area of conveyancing has been no different. It has been over a year since HM Land Registry released their … Read More