Tag: KYC technology

Money laundering continues to pose a significant challenge in Asia, exacerbated by the diverse economic landscapes, fragmented regulatory frameworks, and intricate financial systems.

In the ongoing global efforts against money laundering, the task of comprehending customer identities has proven to be a crucial element in Know Your Customer (KYC) compliance for financial establishments over the years. However, the perpetual shift in regulations has augmented the expense and intricacy involved in acquiring and maintaining clients.