Watch this webinar on-demand and read this story of how Innovation Technology is helping banks and financial institutions to stay secure and navigate through the global pandemic crisis.
KYC (Know Your Customer) is becoming increasingly important in banking compliance. In 2016, Forbes reported that banks spent over $100 billion on regulatory compliance, and predicted that the regulatory costs will rise from 4% to 10% of revenue by 2021.
With financial institutions looking to improve digital experiences worldwide, digital identity verification has become an important part of the process. Join Cornerstone Advisors and Temenos (previously Avoka) for a live webinar where technology leaders from both organizations will discuss the results of the study.
During this webinar, Javelin, Temenos (previously Avoka), and Mitek will explore this dynamic and the steps FIs and other financial service providers can take to effectively mitigate the impact of breaches on their ability to ascertain identity during the digital account opening process.