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 […]

Event | DACT Treasury Fair 2022

Good to be back at the DACT Treasury Fair 2022! Many thanks to Dutch Association of Corporate Treasurers for organising this fair and giving us the chance to tell our story. We got the opportunity to explain how companies can get a kickstart in the world of KYC by using our secure and structured information exchange […]

Event | Winner of RegTech Summit Virtual

RegTech Summit Virtual brings the regtech ecosystem together to explore how the industry is evolving and the impact of digital transformation on regulatory compliance in financial markets.  CoorpID was also part of this year’s summit agenda by being selected as the winner at the worldwide RegTech Summit Virtual. RegTech Insight recognizes us as a great […]

Podcast | Trends in RFPs and RFIs: What treasurers want

The homegrown fintech solution of ING, CoorpID, got featured on the podcast by Treasury Management International, where Dick Oskam and Bert van Drive from ING Wholesale Banking discussed treasury trends and next-generation solutions & opportunities for treasurers in the recovering business landscape.  The trends around this topic include questions around KYC fees and what banks […]

Interview |

Met Hein Wegdam, Head of Real Estate Finance ING Business Banking NL en Job den Hamer, CEO of CoorpID, spreekt Vastgoedjournaal over het belang van innovatie binnen ING REF. Wegdam: “Het hoofddoel van de tools die ING REF ontwikkelt, is het leven van de klant zo eenvoudig mogelijk maken. Bijvoorbeeld door een slim proces te […]

KYC Revisited: Essential Facts for Your Business

Know your customer (KYC) requirements continue to grow in volume and complexity. The challenge is managing, storing and employing data to satisfy regulators while maintaining healthy and profitable business relationships. In this white paper, we explain the core components of an effective KYC procedure, from understanding the base regulations to the key considerations required at each stage […]

5 reasons why technology should be at the heart of your KYC roadmap in 2021

Your organisation faces a multitude of operational challenges on a daily basis but one particular area that continues to grow in complexity is KYC. Previously considered little more than a tick-box exercise, today, the volume of requirements and the pace at which they change can often leave senior leaders with more questions than answers. Below, […]

KYC: Turning an Operational Challenge Into a Business Solution

Financial institutions have been exposed to the risk of financial crime, such as money laundering and terrorist financing, for decades but the scale of this risk has grown considerably over recent years. As organised crime becomes ever-more sophisticated, the global efforts to combat these risks – and the regulatory requirements to support them – have […]