DocFox Blog Post: Understanding, Identifying and Working with DPIPs and FPPOs

Prominent Influential Persons (PIPs) & Politically Exposed Persons (PEPs) are now classified as Domestic Prominent Influential Persons (DPIPs) & Foreign Prominent Public Officials (FPPOs). Understanding why you should identify & perform enhanced due diligence checks on DPIPS and FPPOs is an important first step.

DocFox Blog Post: Common Terms Relating to The FIC Amendment Act and What They Mean

“According to FICAA, AIs must follow a RBA when managing risks related to ML and TF”… we understand that getting to know and understand the Financial Intelligence Centre Amendment Act (FICAA) may sometimes feel like decoding a Gen Z text message. In the below we hope to clear up some of the abbreviations and terms.

DocFox Blog Post: From FICA to FICAA – Are You Still Not Sure What Has Changed?

By now we all know about or have been affected by The Financial Intelligence Centre Act, 38 of 2001 (FICA), which came into effect on 1 July 2003. FICA was introduced to make it more difficult for criminals to benefit from the illicit proceeds of their crime and aimed to conform South Africa (SA) to international best practice.

How Banks Have Adapted Their Digital Banking Systems To Serve Customers During The Pandemic

Branch visits are vital to customers’ financial lifestyles. However due to COVID-19, banks are finding that the pandemic is creating new challenges for in-person services. As such, in collaboration with DocFox, banks like Fresno First Bank have adapted their digital banking systems by launching an online PPP application portal.

Fresno First Bank launches automated online SBA Loan Application in a matter of days

When the US Small Business Administration (SBA) announced that applications for the Paycheck Protection Program (PPP), was available, Fresno, experienced an influx of applications and needed a manageable process which streamlines and accelerates the applications.

DocFox Co-Founder Wins The Creative Counsel Young Jewish Entrepreneur Award

DocFox Inc co-founder Ryan Canin continues to make waves as he is acknowledged and wins ABSA Jewish Achiever Award. Ryan received the award for the “The Creative Counsel Entrepreneur Award “- awarded to a person who has a proven track record in entrepreneurial ventures.