Tag: customer onboarding

In the intricate world of corporate risk management, navigating the global regulatory maze is a formidable challenge for financial institutions and businesses. The concept...

EQ Bank, a leader in digital banking, has forged a strategic partnership with Trulioo, an industry-leading identity verification platform.

The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.

Lemonway, a pan-European payment service provider, and Onfido, a global leader in automated identity verification, have reported immediate results from their joint initiative, confirming significant growth in customer acquisition.

The European Banking Authority (EBA) has published its final guidelines on the usage of remote customer onboarding solutions. 

In today's digital age, customers have high expectations for their interactions with financial institutions. These digitally savvy individuals demand streamlined, efficient, and enjoyable experiences. Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.

With more people digitally onboarding that ever before, the risks surrounding this process have become clearer and in the spotlight.

Recent work by MyDocSafe has underlined five key potential ways that onboarding and ongoing client management can impact long term client engagement.

RegTech firm APLYiD has secured NZD $7m from a Series A funding round to take its customer onboarding software global.

Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.