The challenges of Know Your Business (KYB) processes for lending firms in the UK can be complex, from common customer frustrations, such as extensive documentation and delays, to the manual burden on compliance teams. … Read More
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Boosting application volume with KYB technology for lending firms
Implementing KYB (Know Your Business) technology can have a significant impact on the application volume of lending firms. By leveraging KYB technology, lenders can streamline their onboarding process and make it more efficient, resulting in a higher number of applications. … Read More
How to streamline KYB onboarding and ongoing risk assessment in lending firms
In the UK lending market, effective Know Your Business (KYB) procedures are essential for mitigating risk and ensuring compliance, but many firms struggle with inefficient onboarding and ongoing monitoring processes. … Read More
What is a configurable risk-based regulatory rules engine?
Risk-based regulatory rules engines streamline client onboarding, enhance operational efficiency, and future-proof compliance processes. These systems automate data verification, reduce false positives, and ensure seamless, regulatory-compliant client journeys. … Read More