FIs fold perpetual KYC into their tech stacks

https://bankinnovation.net/allposts/focus/automation/fis-fold-perpetual-kyc-into-their-tech-stacks/
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The perpetual know-your-client (KYC) model is gaining traction as financial institutions shift to regular identity verification of clients through automation. “Perpetual KYC” is a term used to “indicate the industry objective of moving away from conducting painful and ineffective periodic review processes,” either annually or semi-annually, according to a report by Edo de Vries Robbe, […]

https://bankinnovation.net/allposts/focus/automation/fis-fold-perpetual-kyc-into-their-tech-stacks/