In the regulated lending industry, compliance with Know Your Business (KYB) requirements is essential for avoiding penalties and managing financial risks. By adopting best practices such as leveraging technology, implementing a risk-based approach, and centralising data, firms can streamline the KYB process and improve both efficiency and compliance outcomes. … Read More
Customer Due Diligence
What is client due diligence (CDD) and how does it work?
Client Due Diligence (CDD) is essential for regulated entities to assess customer risks, ensure compliance with AML/KYC regulations, and mitigate financial crime. Automated solutions streamline onboarding, monitoring, and remediation processes, enhancing efficiency and regulatory compliance. … Read More