Tag: Encompass

Encompass Corporation has recently become an Associate Member of the Financial Markets Standards Board (FMSB). This strategic alliance marks a significant step in Encompass's...

Banks are consistently faced with the dual challenges of optimizing operations and enhancing both efficiency and employee satisfaction.

In the evolving banking sector, improving customer experience is pivotal. According to industry insights, 85% of financial crime compliance executives are now prioritising customer experience.

Embracing CDI offers a strategic avenue for revolutionising the approach to Know Your Customer (KYC) protocols.

pKYC, or proactive Know Your Customer, is an innovative approach that initiates real-time reviews as changes in a client's KYC profile are detected.

In a recent post by Encompass Corporation, the firm outlined what will be the future of the KYC industry in 2024.

London-headquartered Encompass claims it enables banks and financial services organisations to improve customer experience.

The UK Government is diving headfirst into a comprehensive review of all regulators within its jurisdiction. Their goal? To eliminate unnecessary bureaucratic obstacles, making the most of the liberties afforded post-Brexit.

Encompass, a provider of a KYC process automation platform, has recently been celebrated for its achievements at the Sibos 2023 event.

In a recent post by Encompass, it provided an outline of why the cost of inefficient KYC practices can be higher than expected.