How to prevent compliance risks during customer onboarding
How to prevent compliance risks during customer onboarding
By SmartSearch
How to prevent compliance risks during customer onboarding
In our increasingly online world, the risk of fraud and money laundering has never been higher meaning it has never been more important for financial institutions to ensure their customer identification programs get the job done. But this is easier said than done, as despite the increasing need for highly comprehensive identification and verification checks on new customers at onboarding stage, potential new clients still expect a smooth, streamlined, and quick onboarding experience