How To Reduce Fraud and Improve KYC Compliance by Orchestrating AI & Business Rules
Banking institutions want to accelerate customer growth and reduce costs by leveraging digital channels; however, the current regulatory landscape and distributed data and resources create barriers to achieving that.
Customers expect the banking industry to keep pace with the simplicity and ease of use as other industries. On the other hand, institutions have to manage the realities of complying with AML regulations, which can mean sending new customers out of their preferred...
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