Tag: Onboarding

“Smart eGate” trial imminent: Is this the beginning of the end...

According to recent reports from The Times, the United Kingdom is poised to pioneer the development of a revolutionary concept: the implementation of AI-powered 'Smart eGates' at its airports, marking a significant stride towards establishing an "Intelligent Border," and ushering out the era of traditional physical passports.

The future of KYC: Adapting to new challenges in the banking...

Fenergo's recent webinar, 'KYC, AML, & Onboarding in 2023 – Were Lessons Learned or Do Old Habits Die Hard?', brought together compliance experts to delve into findings from research on over 1100 executives from global banks. This study, encapsulated in the report 'KYC in 2023', reveals a significant 17% rise in the average cost of KYC (Know Your Customer) reviews, accompanied by an 11-day increase in their duration over the past year.

Navigating the KYC maze: How banks are tackling compliance costs in...

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.

The digital revolution in meeting consumer duty standards

Post-deadline, the financial industry is grappling with the new standards set by the UK's latest regulatory mandate. The objective of this update is to bring more transparency and accountability to wealth management and insurance enterprises, fostering a more profound commitment to the consumer.

How to onboard customers using different technologies

In an age where customers are using digital financial services in bigger numbers than ever, the need to have a vast range of technologies for this is becoming ever more important.

Streamlining compliance with KYC Portal CLM: A single customer view solution...

KYC Portal CLM has developed an approach that centres on the single customer view, streamlining the process of handling data.

Mastering Compliance: An Insight into the Power of Orchestration Tools

As businesses deepen their digital capabilities, an orchestration tool becomes vital. When leveraging various tools, systems and datasets, firms need a single location that brings all this together, rather than forcing users to juggle everything.

What is the key to success in capital markets onboarding?

In a recent whitepaper by RegTech firm iMeta, the company outlined the chief routes to success in capital markets onboarding. 

Zenoo launches white-label digital onboarding platform

Zenoo has launched a specialist platform for white label customers which already include TransUnion, Experian, Refinitiv and others.

KYC Portal helps reduce time to onboard customers by 55%

KYC Portal has helped clients reduce the time to onboard customers by 55%, whilst also helping reduce the risk exposure.

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