Tag: customer onboarding

For financial institutions operating in an increasingly complex regulatory environment, safety, security and compliance with anti-money laundering (AML) obligations remain non-negotiable. According to SmartSearch, firms...

For compliance and risk officers, finding the balance between rigorous fraud prevention and a smooth onboarding experience can often feel like walking a tightrope....

In the world of digital finance, compliance and growth often sit on opposite ends of a tightrope. Compliance teams are under pressure to protect...

Prove and Backbase, an AI-powered banking platform, have formed a strategic partnership to help financial institutions in the United States improve customer onboarding and...

Facial recognition is gaining traction in financial services as firms work to balance fraud prevention, compliance and customer experience. The pressure on banks, payment...

Spektr has launched spektr 2.0, a reimagined version of its platform aimed at transforming how compliance teams manage customer risk across the entire lifecycle. The new...

When onboarding new clients, knowing who you're dealing with is essential—but how do you ensure your processes are both secure and compliant? According to SmartSearch,...

Banks in the United States will have more flexibility in how they collect Taxpayer Identification Numbers (TINs) from customers following the introduction of new Customer Identification Program (CIP) regulations by FinCEN, the OCC, and the FDIC.

SmartSearch has announced a strategic partnership with Daon to enhance identity verification through the SmartDoc platform. The collaboration aims to strengthen customer onboarding processes for...

Buying a home is a significant milestone, but the process can be fraught with complexity—especially when it comes to anti-money laundering (AML) checks. As...