21.3 C
August 9, 2022
Finance Technologies

KYC: a revolution towards positive change

This year is set to be an exciting one for the evolution of know your customer (KYC) practices. With the newly developed innovative technologies, manual KYC processes can finally evolve to lowering operational costs, reducing the burden of scaling resources to deal with large remediation programmes whilst still maintaining sufficient regulatory compliance and oversight, using data driven solution technology which reinvents the way data is collected and used. Compiling a KYC record manually from endless searching on the internet to obtain the correct information from corporate registries, regulators, stock exchanges and company websites can take hours to complete. With the…
KYC: a revolution towards positive change

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