Wednesday, November 18, 2020

KYC Challenges and Technology Transformation

A recent Accuity KYC survey revealed that 75 percent of compliance and correspondent banking professionals have encountered added complexity in interpreting local legislation and 68 percent are suffering from a lack of skilled staff. With the cost of compliance also still a major challenge, financial institutions are looking to new technology to provide the answer read more

No comments:

Post a Comment

A Guide to PEP and Sanction Checks

If you own or work for a business that must comply with “know your customer” (KYC) and anti-money laundering (AML) regulations, then odds ...