"We use the API to pull in live director and shareholder data along with some credit information. This is an enormous help as it enables our clients to properly ascertain beneficial owners or corporate clients and ensure that they are not breaching any money laundering or financial sanctions legislation."

"Primarily we check potential clients for their credit worthiness, age and credibility. We also check out certain new suppliers with regard to their credibility: in particular Forex brokers who invite us to trade with them. We are looking for credible data with no 'red flags'. This enables us to decide …