Pressure mounts on corporates to improve KYC

As any corporate treasurer understands, Know Your Customer (KYC) checks are a necessary evil if you want to do business. But the process of providing KYC-related documents to banking partners continues to become increasingly complex, time-consuming, and difficult to manage. Meanwhile, the pressure on treasury teams to satisfy these requests quickly, and at regular intervals, […]

The bottlenecks holding back your KYC process and how corporate treasurers can resolve them

The challenges surrounding Know Your Customer (KYC) regulations are long-standing and wide-ranging. Since anti-money laundering (AML) legislation first entered the legal sphere in the US back in the 1980s, the complexity surrounding KYC has grown markedly – as have the resources that it consumes. These pain points are particularly noticeable for treasurers. Some of the […]