As you can see, we have already been incredibly busy this year launching new features and enhancing our platform for our growing number of users. But we are never ones to rest on our laurels. To help you get a better appreciation for what the road ahead looks like for Xama, we have produced a…

Well, we have just made it a lot easier and more fun. Grasping the intricate ownership and control layout of companies is essential for adhering to Anti-Money Laundering (AML) standards. Our latest feature, Visualisation of Beneficial Owners, marks a significant advancement for tax consultants and accounting firms. This feature visually maps out a company’s beneficial…

Confirming the identities of the clients you are working with can be challenging at times – especially as many of our interactions are now digital. That is why we have been delighted with the response to our new onboarding request journeys, which include biometric face match technology Our new journey now allows your customers to…

Now you can! For a long time, our users have asked us to add the ability to incorporate individual staff members into the platform – especially larger firms that have multiple departments that require access. That is why we have enhanced our existing client lists and dashboards with the addition of our staff feature. This…

We had an amazing time at QuickBooks Get Connected 2024 at Woolwich Works! It was such an honour to be one of the few vendors invited to this vibrant event. With over 250 accountants and bookkeepers attending, the atmosphere was buzzing with energy from start to finish. It was fantastic to meet so many professionals…

Risk assessments are a cornerstone of effective AML compliance, requiring a nuanced understanding of various risk factors. That is why we recently deployed our new risk assessment template library to help our users standardise their approach to this important process. We know that many firms already use and share a variety of different risk assessment…

Accountex has become one of the leading accountancy conferences in the UK and the home of innovation within the profession. We are delighted to announce that we will be on hand throughout the event on 15 – 16 May 2024 at London ExCeL to share our latest AML features and insights. Our team are really…

We are on a campaign to drastically improve the quality of AML training within the tax and accountancy industry.  With this in mind, we have launched our AML Academy and delivered our first webinar as the buzz around this solution grows. With more than 50 member firms already signed up – each receiving training for…

When setting up a Xama account, we encourage all our users to bring across as much of their AML data as possible. It’s an excellent opportunity to evaluate how complete and up to date your existing data is and deal with any gaps that may exist. A really important part of this migration is to…

The Extent of the Problem In recent years, the convenience and popularity of gift cards have unfortunately made them a prime target for fraudsters. This case study delves into the growing issue of Gift Card fraud, especially within the UK. Action Fraud, the national fraud reporting centre, highlighted that in 2023 alone, victims in the…