With the rulemaking process for the Corporate Transparency Act (CTA) underway in the U.S. and a new anti-money laundering authority in the works in the EU, global regulations around beneficial ownership and customer due diligence are set to become more stringent soon. At the same time, to win and keep customers, financial institutions must meet customers' expectations for delightful omnichannel experiences and new forms of payment like cryptocurrencies.
In this webinar, we discuss how financial institutions can prepare for these trends by employing Continuous Due Diligence for accurate risk assessment across the entire customer lifecycle. We'll discuss how to optimize onboarding through "Seamless KYC", how to leverage data and advanced technologies like machine learning and graph analytics, and how to address implementation and scalability challenges.
The key take-aways
How financial institutions should update their Customer Due Diligence (CDD) and Know Your Customer (KYC) programs to meet evolving regulations.
How to achieve “Seamless KYC” by using data-driven, intelligent digitization to manage the friction that arises when financial institutions seek to achieve both a great customer experience and accurate risk assessment.
An overview of the data required to achieve multi-dimensional, complete customer risk assessment – and how to manage and analyze it.
How to measure success by tracking key metrics around “Seamless KYC.”