Do you undertake automated assessments of non South African individuals and companies?
Currently we have only enabled automated lifestyle, third party due
diligence and integrity screening for subjects that have a South African domicile, which includes South
African citizens, companies, trusts and persons with a permanent residence
permit. Each country has strict data privacy compliance requirements, which
means we are unable to transfer data outside of the geographic location in
which it resides. While our system is designed to fully comply with South
Africa’s data privacy compliance requirements, we have not yet developed the
data privacy requirements of international jurisdictions. The automated assessment
of international subjects is something that we may plan for the future.
Third party due diligence - do you undertake pre-checks or the continuous monitoring of a database?
We do both, that is pre-checks as well as ongoing monitoring. This allows you to deal with potential vendors as well as those who you have already engaged. Our TPDD product is designed to undertake pre-checks before you on board a vendor. We assess ...
Fraud prevention and compliance with POPIA and the NCR
We are aware that we are working with individual’s or organisation’s private data. All our products and services have been thoroughly evaluated by a global law firm, a recognised National Credit Act regulatory expert and TransUnion’s international ...
How do I know which product to purchase?
We undertake a needs analysis when you request a proposal from us to ensure that we identify the correct product to help you obtain the benefits our business case provides. The process is simple; 1. Tell us about your corruption risk priorities and ...
Why do current market offerings not meet customer expectations?
We started Corporate Insights because we could not find products that could cost effectively and efficiently detect, predict or prevent fraud, corruption, state capture and collusion. Customers we spoke to identified the following short comings with ...
What is default data?
Default data is information supplied to a credit bureau by the credit grantors that relates to late payment or non-payment on accounts. Different retention periods apply for different types of defaults. Classifications such as 'delinquent', ...