Improving KYC during customer onboarding creates a winning strategy for successfull AML compliance.
Don’t risk your business.
The introduction of customer onboarding is an essential component since it sets the tone for ongoing customer interaction with your company.
This case study was prepared for DLL Group, the world’s leading vendor finance partner.
Learn why customer risk screening and monitoring are crucial for companies to comply with AML regulations, mitigate financial crime risks, and protect their reputation.
Financial institutions have to comply with various AML and Know Your Customer (KYC) regulations in their customer onboarding processes.
Watchlists are databases including checks against suspected terrorists, money launderers, fraudsters or PEPs, global watchlists.