Tag: Customer onboarding

Lemonway, a pan-European payment service provider, and Onfido, a global leader in automated identity verification, have reported immediate results from their joint initiative, confirming significant growth in customer acquisition.

TrueLayer, an open banking platform, has launched what it claims is the first-ever automated onboarding product using open banking APIs. 

The European Banking Authority (EBA) has published its final guidelines on the usage of remote customer onboarding solutions.  According to the EBA, these guidelines set...

In today's digital age, customers have high expectations for their interactions with financial institutions. These digitally savvy individuals demand streamlined, efficient, and enjoyable experiences. Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.

With more people digitally onboarding that ever before, the risks surrounding this process have become clearer and in the spotlight.

Money laundering and modern slavery may not seem to have many clear connections at first glance. However, there is more than meets the eye on this topic.

Nvayo, an electronic money issuer (EMI) serving ultra-high-net-worth and underserved clients, has chosen to use PassFort’s KYC solution for customer onboarding.

Recent work by MyDocSafe has underlined five key potential ways that onboarding and ongoing client management can impact long term client engagement.

Here are the 5 main sources of onboarding-related threat to your financial institution in 2022, and here’s what to do about them.

RegTech firm APLYiD has secured NZD $7m from a Series A funding round to take its customer onboarding software global.