
Equifax launches real-time AML monitoring solution
The solution provides real-time screening of customer portfolios against global watchlists and adverse media.

The solution provides real-time screening of customer portfolios against global watchlists and adverse media.

This service improves the mortgage application process and champions financial inclusion through instant income and employment verification.Â

Ahead of the Bank of England's interest rate decision on 30th July, the credit reference agency said borrowers on variable-rate mortgages are unlikely to see any reduction in their monthly repayments this year.

Consumers said they would need more than £20,000 in savings to feel financially secure, but currently hold an average of just £6,188 in savings accounts.

A breach allowed hackers to access the personal data of millions of people and exposed UK consumers to the risk of financial crime.

This move will enable advisers to undertake seamless electronic identity and verification (EIDV) checks as part of the mortgage application process at no additional charge.
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