Error-prone, manual processes make it hard for banks to keep up with changing compliance regulations and customer demands for fast, frictionless onboarding. Yet banks seeking to modernize processes shouldn’t rush into patchwork fixes that could create problems down the road.
So what are the essential considerations for a bank seeking to modernize?
Drawing on research from a 2018 survey of more than 100 financial institutions, this report reveals essential insights and considerations for banks seeking to optimize their compliance and onboarding processes, including:
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