W2, the provider of real-time digital solutions for global regulatory, has enhanced its support to regulated industries faced with heightened challenges during the Coronavirus outbreak.
The firm has revealed that looking to ensure business continuity for organisations it doesn’t currently work with, it will offer:
- Zero integration fees
- Zero upfront costs
- 24×7 support at no cost
- Zero transaction commitments
- Access to our platform and all services from day 1
This means that if potential partners spare some technical resource, then W2 can collaborate with them to be up and running with no initial outlay nor big commitments.
W2 CEO, Warren Russell, stated: “While I am trying to avoid the use of the word ‘unprecedented’ as it is being thrown around a lot at the moment, it is true to say that we are in a world of unknown at present and not a single one of us will remain unaffected.
“At W2 we have always taken pride in the way we aim to look after our customers, sometimes we get it wrong, of course we do. But we always try our best.
“Despite our best efforts, and those of our peers at this time, it is regretful to say that some of us will not come through this, no matter how hard we try. If you are a regulated business, you don’t want to be in a position whereby your chosen partner has been unable to continue to serve you – regulation and compliance doesn’t stop and its shame to think it but a small minority will try and take advantage of a perceived weakened infrastructure.”
The firm underlined that a myriad of elements are available through a collaboration with W2, including global identity verification, global address validation, document verification with/without facial comparison, AML data sets (PEP, sanction, adverse content) among other things.