Tag: customer onboarding

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...

MAPFRE MSV Life has taken a significant step towards digitising its anti-money laundering (AML) operations through the adoption of KYC Portal CLM.

Traditional KYC processes are increasingly struggling to keep pace with the demands of modern financial services. However, the rise of AI and ML is reshaping how compliance teams operate, delivering faster, more accurate, and more scalable solutions.

Let’s acknowledge a crucial aspect from the outset – managing the Customer Lifecycle Management (CLM) journey has become an increasingly complex, costly, and challenging endeavor. This is a shared challenge across the financial sector, exacerbated by an era marked by continuous change.

FullCircl marked a significant milestone, celebrating the first anniversary of its SmartBroker facility, a game-changer for British Insurance Brokers' Association (BIBA) members.

In the modern digital economy, the necessity for streamlined, precise, and real-time processes for onboarding customers is more critical than ever.

FullCircl, a trailblazing RegTech firm based in the UK, has closed a significant debt refinancing deal.

The evolution from manual KYC practices to Corporate Digital Identity (CDI) represents a significant shift within the banking sector.