Compliance & Fraud Prevention
Meritec’s fraud prevention solutions protect your business with ECCTA compliance and identity checks from day one.
We deliver powerful low-code automation that helps organisations stay compliant and defend against growing fraud threats. From instant identity checks to real-time risk screening, our tailored solutions streamline compliance and cut operational burden. Protect your business, future-proof your processes and stay ahead of financial crime.
Is your business ready for ECCTA and the surge in fraud?
Fraud now accounts for 41% of all crime in the UK, with a 33% increase on UK businesses targeted in the past year. The Economic Crime and Corporate Transparency Act (ECCTA), arriving in Summer 2025, introduces sweeping changes. The risk is real - and the timeline is short.
Is your business prepared to meet new compliance demands and protect itself from increasingly sophisticated fraud threats?
ECCTA: Key points you need to know
No business is too large to escape penalties - or too small to escape scrutiny.
Mandatory identity checks for directors and PSCs
Introduction of a new corporate offence: failure to prevent fraud
Unlimited fines for non-compliance
Who does ECCTA apply To?
You're directly in scope if you meet any of the following:
250+ employees
£36M+ turnover
£18M+ in total assets
Even if you’re smaller, regulators expect proactive action. The earlier you act, the better your protection.
Tailored fraud solutions by Meritec built around you, powered by automation
Meritec delivers flexible, scalable solutions using our low-code automation platform - ensuring you're ECCTA-compliant while enabling broader digital transformation.
We support your entire fraud strategy:
From identity checks and ownership verification to automated detection - we make compliance efficient and actionable.
What you can do with Meritec
Instantly verify people & companies
- Confirm company legitimacy and legal standing
- Assess risk in complex ownership structures
- Automate compliance checks at onboarding
Future-proof your fraud strategy
- Flag suspicious ownership patterns
- Detect hidden financial behaviour risks
- Screen individuals and entities from day one
Automate risk and compliance checks
Credit risk & financial screening
- Full credit checks on businesses and individuals
- Spot early insolvency indicators
- Assess financial health in real time
Effortless compliance screening
- Automated sanctions, PEPs, and adverse media checks
- Continuous watchlist monitoring keeps you audit-ready
Bank account verification
- Real-time validation of account details
- Prevent fraud in financial transactions
Build a fraud-aware culture
ECCTA compliance requires more than tools - it demands awareness. With Meritec, you can:
- Train your entire team on fraud prevention
- Foster a vigilant, responsible workplace culture
- Track and demonstrate compliance across the board
All-in-one fraud & compliance platform
With Meritec’s low-code automation, you can:
- Eliminate manual tasks and streamline onboarding
- Create workflows tailored to your risk profile
- Detect fraud across your portfolio in real time
- Remain compliant while driving business growth
Professional Services, Instant Impact
Our ready-to-deploy solutions help you:
- Onboard customers quickly
- Strengthen fraud defences
- Streamline compliance and credit processes
- Prepare for evolving regulations
Ready to take action
Don't wait until fraud strikes or penalties hit Contact Meritec today to learn how we automate your fraud strategy - faster, smarter, and more securely.
