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Enforcing AML/KYC Compliance When Legal Precedent Does Not Apply

PYMNTS

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

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IdentityMind On The Need For FinTech Compliance Marketplaces

PYMNTS

Compliance and risk? Automating that compliance is now a “need to have.”. Compliance and risk officers have the unenviable task of finding out, sometimes after the fact, that not all the boxes are checked — if they even knew the boxes were there for checking in the first place. Plugging In To Plugins.

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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

RPA is a form of automation that uses software robots to automate repetitive, mundane tasks, freeing up employees to focus more on strategic, knowledge-based, value-adding tasks.

Trends 474
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How Perficient and Microsoft Can Help You Return to Work

Perficient

Most companies accumulate legacy applications over time, leading to issues with compliance, security, increasing support costs, and complex performance management. Security and compliance considerations. Automate common user interactions and answer questions from existing knowledge bases using natural language processing.

Strategy 429
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Redwood Bank Teams Up With Insignis Cash Solutions

PYMNTS

Knowledge-based authentication (KBA) tools, which include security questions and passwords, are still just as common as they were a decade ago. At the time, Nav Co-founder and Chief Legal & Compliance Officer Caton Hanson said that KBA has serious shortcomings, but it’s important to cover all bases.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.

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Learn More About 3 Tier Support in MSO

Perficient

SLA compliance based on incident priority. According to project requirements, L1 support analysts need to gather customer information and determine the issue by analyzing the symptoms, and they can handle incidents referring to the knowledge base for each respective project, technology, and application. Value addition.

Analysis 294