Understanding the processes, challenges, and trends of KYC
The financial industry today is challenged with the Know Your Customer (KYC) processes, exposing their firms to heightened risk, increasing costs, and the potential loss of business. Organizations today spend billions of dollars a year on KYC client onboarding and due diligence, yet these processes are still very manual and often fail short of reducing financial crime.
Join us for a 30-minute presentation where we will discuss the current market and regulatory challenges that financial institutions are facing when conducting KYC due diligence. During this presentation, we will: