U Invest : Friday newsletter 3 August 2012

UInvest Friday newsletter

Friday, 03 August 2012 00:00

Security upgrades at UInvest This week we’ve put some important changes to our security system which required changing passwords for all accounts of uinvestors. Yesterday we even issued a special announcement about it so if you haven’t changed your uinvest password - please do it now. Remember that regular password change – good habit increasing security of your account on 80%. UIC2012: UInvest signs contract with Tom Dreesen One more celebrity confirmed his participation in UInvest International Conference in October 2012: Tom Dreesen, famous stand-up comedian will join our event. Having done more than 500 appearances on TV, Tom worked with such stars as Frank Sinatra, Liza Minelli, Natalie Cole and acted in numerous television shows – from Columbo to Murder She Wrote. You still wonder whether to come?! Book your ticket now until it is too late! uinvestconference.com Live chat with the owner of Oil Palm Fruits Trading Company On Wednesday we posted new project Oil Palm Fruits Trading Company and uinvestors had a chance to talk to its owner during Management Chat. Being a knowledgeable person, the owner answered dozens interesting questions from uinvestors and this boosted sales of new project. Shares of this new Indonesian project are still available so you can consider them for your investment portfolio. And here is the link to the log of latest Management Chat UKRAINIAN ECONOMY GETS AN ENERGY BOOST The Ukrainian parliament has passed a government bill proposing to exempt companies implementing investment projects in priority economic sectors from obligatory profit tax until 2018. According to the document, it is planned to exempt from profit tax those enterprises that implement investment projects worth more than EUR 3 million for large entrepreneurs. What it means for a uinvestor? Read here Next letter will be issued on Friday 10th of August. Stay tuned! From - https://uinvest.com.ua/news/20579-uinvest-friday-newsletter-

PayZa : Payza Partners with Intelligent ID

Payza Partners with Intelligent ID

Submitted by Derek on Thu, 08/09/2012 - 12:50

We are happy to announce that we have partnered with Intelligent ID (IID), a powerful user activity management system, which will further enhance Payza's ability to perform real-time identity verification of its members in the United Kingdom.
"We receive thousands of new members each month in the UK," said Mohammad Hashemi, director of product strategy for Payza. "IID will allow us to do our due diligence on these customers more efficiently by granting us access to data provided by credit bureaus and other agencies and verify the people making those requests. This will further bolster our Financial Services Authority (FSA) compliance strategy in that region."
Hashemi explained that the FSA in the UK requires a minimum "two-plus-two" verification, which means the company must obtain at least two points of verification -- including name, address and date of birth -- from two independent sources. These sources can include government data such as electoral rolls, agencies that oversee passports and drivers' licenses as well as credit reference agencies and utility organizations.
It is also a critical requirement to conduct anti-impersonation and anti money laundering (AML) checks to ensure Payza is engaging with the "true" individual and that the individual has not previously been exposed to sanctions or corruption. IID utilizes global sanctions, law enforcement and regulatory watch lists to screen all applicants.
According to Hashemi, when someone submits a request for membership, Payza informs the applicant that IID will access those services to verify their backgrounds. Once the verification has been performed, IID provides Payza with a real-time report authenticating the status of the individual it needs to avert risk and ensure it remains in FSA compliance.
"Failure to monitor and manage user behavior has real and painful consequences for any organization," said Martin Pashley, managing director at IID. "We are delighted to be working with Payza to detect and prevent potential risks to their business and to support them in offering the best customer experience possible."

About Intelligent ID

Intelligent ID provides electronic identity verification solutions giving you the ability to remotely authenticate the identity, age and status of individuals.This enables organizations to engage, communicate and transact with individuals in a safe, compliant and responsible manner. We offer global coverage and on-going monitoring of all customers to alert you to any potential risk.
www.intelligent-id.com

From - https://blog.payza.com/payza/payza-partners-intelligent-id