February 04, 2022

Reduce Time Spent On Verifying Customers From Days To Seconds

Businesses often focus on verifying the incoming profiles; be it employees, independent contractors, or associates. This is primarily to avoid onboarding profiles with potential risk

February 02, 2022

How TIN Match Automation Can Give Your Businesses A Competitive Advantage

TIN Matching is one of the most important elements of a robust KYC/KYB process. If you’re someone who works with independent contractors, freelancers, gig workers,

January 24, 2022

5 Reasons Why Financial Institutions Should Care About Customer Identification Process

When we talk about financial institutions, we rightly picture a busy bank or an over-occupied insurance agency where the staff is extremely busy and the

January 21, 2022

Compliance In 2022: A Note On CIP In Correspondence With Anti-Money Laundering (AML) Regulations

Just like a famous quote on success, compliance is not a destination, it’s a journey. From a realistic viewpoint, compliance is a never-ending strive that

January 19, 2022

The Importance of TIN in Customer Due Diligence (CDD) & How To Verify It?

A simple yet powerful tool that enables you to verify the tax and regulatory compliance status of entities and individuals, TIN matching primarily enables businesses

January 17, 2022

Improve Efficiency With Compliancely’s Real-Time TIN Matching

The filing season can be very stressful for businesses. It can be strenuous if the internal identity validation protocols are not optimized for the efficient

January 14, 2022

4 Essential Elements That Make Up A Great Know Your Customer (KYC) Policy

Know Your Customer or Know Your Client process is a key point of focus for enterprise industries, such as banking, finance, lending, insurance, logistics, e-commerce,

January 12, 2022

What is the Importance Of Tax Exempt Organization Search (TEOS)?

The IRS provides certain provisions to reduce the tax burden on taxpayers if they make certain contributions to non-profit organizations, and specifically, charitable organizations, which

January 10, 2022

Tremendous Time Savings with Compliancely Real-Time TIN Match Automation

When your business receives CP2100 and CP2100A notices from the IRS with a $260 penalty for every incorrect TIN you have reported for a tax

January 07, 2022

IRS TIN Matching Program Vs Compliancely Real-Time TIN Matching System

It is established that TIN matching is one of the most important tools to verify the legal and tax-related information of business entities and individuals.