Callcredit Information Group

Callcredit Information Group

March 12, 2014 02:00 ET

GoCardless to Use Callcredits 'CallValidate' for Anti-Money Laundering Checks

LEEDS, UNITED KINGDOM--(Marketwired - March 12, 2014) - GoCardless has integrated Callcredit Information Group's CallValidate solution in order to enhance their anti-money laundering strategy.

The online Direct Debit provider makes it simple for anyone to start collecting payments online. GoCardless collects millions of pounds per month for UK businesses, and serves more businesses than any other UK Direct Debit provider.

GoCardless will use the CallValidate API to perform full anti-money laundering checks for each merchant signing up to use the service. Implementing CallValidate ensures that only genuine merchants are able to use the GoCardless service, and since the checks are completed in real-time merchants can still get started with GoCardless in less than 60 seconds.

Behind the scenes, for each signup CallValidate will check a comprehensive range of quality data sources available for identity verification, including checks against the full electoral roll and a range of credit account data. Further, CallValidate takes care of checking the Politically Exposed Person and Sanctions lists. These checks will not only provide GoCardless with the most granular view of a merchant but will also provide them with clarity on when and why further ID checks need to be completed.

Grey Baker, Head of Operations at GoCardless, commented "As a technology company, we know the value of working with a simple, robust API. Integrating with CallValidate has been straightforward and the results returned are easy to process. It's fantastic to be working with a partner who thinks about technology in the same way as us."

With Callcredit's backing, Gocardless have also developed and open-sourced a Callcredit Ruby client library. This reduces the amount of work required to integrate with Callvalidate to just a couple of lines of code, and will massively reduce the time-to-market for future clients that work in Ruby.

Sadie Guymer, E-Business Sales Manager at Callcredit added "It's been a pleasure to work alongside an innovative company such as GoCardless. Integrating our CallValidate solution will provide them with further confidence that those using their payment services are genuine, without the need for lengthy paper based checks"

About Callcredit Information Group - www.callcredit.co.uk

Callcredit Information Group's leading approach to deploying consumer information brings together experts across the fields of credit referencing, marketing services, interactive solutions and consultative analytics to provide clients with a range of innovative and effective products to discover new customers and to engage with current customers to optimise and increase profitability.

Products include award-winning fraud verification tools and database solutions to positively verify consumers, global operations to help expand businesses into new markets, digital solutions to improve the overall journey consumers make during interaction with a brand, customer handling to ensure consumer satisfaction at all levels and consumer marketing data and segmentation to improve understanding and targeting of customers and prospects.

Callcredit also offers products to assess a customer's credit risk and affordability and its experts in collections and recoveries provide tailored debt recovery and tracing tools. The company's market analysis and network planning function helps organisations develop profitable retail networks, and its tools in multi bureau, analytics and metrics work to provide fully assessed bureau data.

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