The continuing rise in digitalisation has led to businesses embracing digital operations. Online businesses saw an even bigger uplift during the pandemic as they enabled consumers to shop for their favourite brands, relatives to transfer money overseas and provided channels for consumers to communicate.… Read More
It is an inescapable fact that for effective ID verification, and therefore KYC and AML compliance, financial services companies need to access to billions of records in real-time to ensure adequate checks are made while onboarding a new customer, and deliver that all-important smooth customer experience.… Read More
For consumers looking for a smooth onboarding process, ID verification provides an easy to follow procedure meaning that an organisation can quickly establish a customer’s ID enabling a positive customer experience.
What is also equally important is that fact that ID verification generates consumer confidence which will also drive a positive customer experience.… Read More
Regulation and technology are constantly being regarded as the key drivers in banking and although, they play a crucial role, it is data and the ability of big data that is really driving the industry.
In order for regulation and technology to reshape the banking industry, there is a need to firms to rethink their foundations and business models and structures which puts data at the core of the industry.… Read More