Video-Based KYC Fixes Its Gaze On Fraudsters
PYMNTS
DECEMBER 11, 2020
Onboarding corporate customers for business accounts, for example, can take even as long as one month, and these lengthy waits are quite costly for large FIs, amounting to more than $500 million annually spent on due diligence,” the Tracker adds. That’s expected to cost banks an $168.9 Timing Is Everything.
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