Comment: Reducing risk for financial institutions using multi-language KYC technologies

, 20/04/2021

By Alessandro Tonchia, head of strategy, private banking and wealth, InvestCloud

As technological advancements have gathered pace in recent years, financial institutions have increasingly entrusted their burdensome KYC processes to digital tools and products.

The rise of mobile banking, for example, has brought accessibility and speed to the provision of financial services.

However, this has exposed the l...

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