Home Tags KYC
Lloyds Banking Group has improved its digital identification and authentication capabilities through new partnership with Callsign.
Jumio has deployed its digital identity services to Brazilian investment bank BTG Pactual to automate onboarding processes.
Ipsidy, an identity-as-a-service provider, has released a web-browser interface which lets enterprises quickly implement the biometric identify solution.
The Reserve Bank of India (RBI) has implemented fines to four banks for non-compliance with KYC, AML, and account opening standards.
Deutsche Bank Wealth Management has selected software builder Finantix to help enhance its client onboarding and KYC processes.
Metro Bank has signed a three-year deal with client intelligence tool builder Artesian Solutions to improve its compliance and KYC management.
Taking a risk-based approach during the due diligence process is often perceived as purely cost. It’s also something that will always be asked for by regulators, and costs are continuing to increase whenever there are new clients.