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Perpetual KYC – The journey to a digital operating model

Perpetual KYC or pKYC is an emerging concept in financial crime compliance. It has generated great interest and accelerated digital-first approaches because of the cost and risk benefits on offer if firms can maintain KYC profiles dynamically as new information becomes available. Today KYC is typically undertaken on 1, 3, and 5 year cycles which c...

02 September 2021 /regulation /crime Banking Strategy, Digital and Transformation