Banks today face a challenging fraud environment and a strict regulatory landscape that has a tendency to lead to inefficiencies and a poor customer experience. To address this, banks need a forward-thinking approach to KYC and AML practices.
Neobanks have driven progress in digital onboarding, helping to make the process quicker and more efficient. Collaboration between the public and private sectors is key in the fight against financial crime.
To build a competitive advantage, banks need to adopt a risk-driven approach to AML that empowers customers with relevant questions. EPAM and Fourthline advocate for composable approach to onboarding that combines technology, trust and security to simultaneously help banks comply with regulations and enhance customer experiences. Learn how to get it done in this eBook. Download your copy, today.