Tag: data integration
How KYC Portal CLM is revolutionising risk management
In the intricate world of corporate risk management, navigating the global regulatory maze is a formidable challenge for financial institutions and businesses. The concept...
Enhancing onboarding: The strategic edge in bank customer due diligence
In the competitive landscape of banking, customer onboarding emerges as a pivotal phase, with customer due diligence standing at its core. When managed poorly, the onboarding process can deter potential clients, causing banks to miss out on new revenue streams. Conversely, hasty or inaccurate due diligence could lead to the acquisition of customers who pose commercial and reputational risks, potentially incurring hefty regulatory fines.
Why AI has a transformative role in decoding beneficial ownership structures
The role of AI has ballooned in recent years, and the recent introduction of GenAI platform ChatGPT has seen the sector soar further.
Key considerations for scaling fraud prevention systems
In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts...
How to achieve efficient data integration in AML/CFT platforms
The constant evolution of the financial landscape has placed anti-money laundering (AML) and counter-financing of terrorism (CFT) measures at the forefront of combating financial...
