Tag: Customer onboarding

IntellectAI has deployed its Wealth Qube solution at a top Indian wealth management firm, marking the first deployment by an IntellectAI’s Indian Wealth Stack...

In 2022, Fenergo's annual research survey of global investment banks highlighted a labor-intensive environment in Know Your Customer (KYC) processes. These processes were costing banks as much as $35m annually.

In the rapidly evolving world of data processing, the demand for quick, accurate extraction of information from documents is becoming a universal necessity across...

Slope, a company focused on revolutionising the B2B payment landscape, has successfully announced its latest funding round.

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 Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.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.