KYC processes can be complex depending on factors like who is being onboarded, where, and for which product. So how do you get KYC done and executed effectively?
Data sits at the heart of a KYC compliance process. Without electronic data checks, KYC in today’s digital world would be impossible. But there’s more to KYC data than just running the numbers.
A digital world means we all need a digital identity. How do firms and customers establish trust online? Digital ID&V
You can't complete KYC and AML checks without good quality, accurate data. The question then is, what checks to do and which providers to use?
What does your KYC policy need and what should you consider in order to establish the most effective KYC policy for your organisation?
If you are currently in the process of deciding whether to buy or build your compliance solution to help manage and automate KYC and AML processes, let PassFort give you a few things to consider.
Automatically verifying someone's ID is the first building block in digital KYC & AML due diligence. So, what should you look for in the tech you use and why is it important?
Goodbye 2020 - we won't miss you, but we will remember you for all the hard lessons you've taught us about resilience, persistence and finding positives in everything we can.