At RegTech Conference, Protiviti and IRTA Sound an Urgent Call for KYC Optimization
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Accelerating KYC Optimization: Insights from Protiviti and IRTA
A new [global market study] from Protiviti and the International RegTech Association (IRTA) suggests a critical need to accelerate the use of digital technologies and shared platforms for ‘‘know your customer’’ (KYC) processes and cultivate a shared understanding of how digital-enabled KYC can transform outcomes for people and businesses.
This article shares some valuable KYC insights and recommendations based on both the results of the study and a related panel discussion during American Banker’s RegTech 2019 conference.