Monthly Archives: September 2024

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What Are Vir­tu­al Data Room Ser­vices?

A vir­tu­al data room is soft­ware that lets you secu­re­ly share and host con­fi­den­ti­al data online. The­se ser­vices are uti­li­zed for various busi­ness pro­ces­ses and tran­sac­tions inclu­ding liti­ga­ti­on, M&As, and fund­rai­sing. They enable teams of busi­ness to effi­ci­ent­ly and secu­re­ly share docu­ments, faci­li­ta­te col­la­bo­ra­ti­on, pro­tect sen­si­ti­ve infor­ma­ti­on, and auto­ma­te pro­ces­ses. VDRs more tips here can […]

Fight­ing Dir­ty Money With Enhan­ced Due Dili­gence

Around $2 tril­li­on in illi­cit cash flows annu­al­ly through the glo­bal finan­cial sys­tems, despi­te efforts by regu­la­tors and finan­cial insti­tu­ti­ons. To com­bat dir­ty money enhan­ced due dili­gence (EDD) is a pro­cess that invol­ves a tho­rough Know Your Cus­to­mers (KYC) which exami­nes the customer’s histo­ry as well as tran­sac­tions that car­ry hig­her risk of fraud. EDD […]