Source: Fintech Global
The FinTech landscape is increasingly gravitating towards perpetual know your customer (KYC) protocols. As part of this evolution, the operational pillars are rapidly transforming. Graham Bailey, COO of Quantifind, and Brian Kindle, VP of product development at ACFCS, shed light on this shifting terrain in a new podcast on the foundational elements of perpetual KYC.
In the ceaseless decision-making arena of financial crime compliance, professionals are frequently asked to make judgements about customers, transactions, and behaviours. The heart of this process is a risk-based approach which has to be agile, responsive and meticulously accurate.
The accelerating influx of negative news, sanctions, and politically exposed person (PEP) risks are fuelling an increasing need for swift and precise decision-making…
Read full article: https://fintech.global/2023/07/06/utilising-ai-in-the-shift-towards-perpetual-kyc/
