Financial Firms Leverage Smart Tech for Modernized KYC/KYB Onboarding
Financial institutions are increasingly turning to advanced technology to modernize their client onboarding processes, balancing regulatory demands with customer expectations. Effective Know Your Client (KYC) and Know Your Business (KYB) procedures are fundamental for complying with anti-money laundering (AML) and counter-terrorist financing (CTF) rules, assessing risk, and preventing fraud. While onboarding individuals (B2C) often emphasizes […]
