Traditional KYC procedures rely on periodic reviews, which often fails to note any significant changes in risk profiles over time. By switching over to perpetual KYC methods that involve continuous monitoring and updating of customer information, your financial institution can experience the benefits of stronger compliance and security measures for the years to come.
In this webinar, industry experts discuss:
- The best practices for transitioning from periodic to perpetual KYC
- Why perpetual KYC is essential for combating financial scams and fraud
- How perpetual KYC can improve operational efficiencies and customer experiences
