Rob Baas’s Key Takeaways from SIBOS 2022

KYC

Sales rep @ CoorpID Rob Baas’s Key Takeaways from SIBOS 2022 SIBOS 2022 was a really great experience. It’s certainly the place to be if you want to know what’s going on in the financial services industry. All the major players were there as well as a lot of interesting new and established FinTech and […]

Hoe ING CoorpID inzet in haar KYC proces

KYC

Standaardisering van KYC-informatieverzoeken, een win-win voor de klant en de bank Banken en andere financiële instellingen zijn als ‘poortwachters’ aangewezen in de strijd tegen witwassen en terrorisme-financiering. In dit kader moeten zij precies weten met wie zij zakendoen. ‘Know Your Customer’ (of KYC) is een wettelijke vereiste geworden. Banken zijn verplicht tot het uitvoeren van een uitgebreid […]

Streamline and simplify your Know Your Customer process with CoorpID

The Know Your Customer Challenge Banks and other financial institutions are having to comply with increasingly strict Know Your Customer (KYC) requirements when onboarding customers, performing reviews, or providing new products and services. As a result, financial institutions have to contact their customers frequently to request KYC information. This important step in the whole KYC […]

How ING is using CoorpID

Simplify KYC

Streamline and simplify the Know Your Customer process with CoorpID. Standardising KYC information requests, a win-win situation for customers and the bank. Banks and other financial institutions have been designated as ‘gatekeepers’ in the fight against money laundering and terrorist financing. Consequently, they must know exactly who they are doing business with. ‘Know Your Customer’ […]

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

KYC

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 […]