AFC & Banking Transformation
Digital change and the associated increasing regulatory requirements are deeply affecting the business models of financial service providers and lead to many changes and challenges for banks. We support you in adapting your processes and structures to the current challenges and thus meet the regulatory requirements.
In times where regulations are constantly changing and cost focus is all around, KYC is for many banks of pivotal importance and extremely challenging!
Inadequate controls of money flows and resulting high fines from local regulatory authorities force financial institutions to act.
Banks across the globe spend huge amounts for optimization of their current KYC process and many software firms promise a digital and automated KYC process.
But how does it look like on a day to day basis? We know it from our daily work in passcon’s KYC Factory.