How to make KYC for AML Compliance More Effective
December 3, 2020 | 12 pm ET | FREE | Register Now
In a recent FinCEN advisory the regulator pointed to bad actors using digital manipulation of identity documentation as a significant risk to financial institutions. So what identity verification tools are available to FIs that are fraud resistant and yet easy to use?
In this webinar, we will take a hands-on approach and show how the integration of CLEAR ID Confirm with the Alessa solution will make digital onboarding and customer reviews so much easier and reliable. We will walk-through specific scenarios so you can see what data is available to you and how results can be incorporated into your AML compliance process.
Specific scenarios that we will dissect during the session include:
- Onboarding an individual including document verification and due diligence for Know Your Customer
- Onboarding a new business, including reviewing and screening beneficial ownership information, for Know Your Business
- Performing a customer review based on a transaction alert
As always, there will be an opportunity to answer questions that are specific to your organization.