5 Şubat 2025, Çar

How to Enhance SMB Onboarding Efficiency with KYB

Learn how to leverage automation and advanced data analytics through a robust KYB solution to enhance customer due diligence and reduce friction.

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Learn how to leverage automation and advanced data analytics through a robust KYB solution to enhance customer due diligence and reduce friction.

Despite small to medium-size businesses (SMBs) with 500 employees or less making up 99.9 percent of all US firms, the process of opening a business account can be far from efficient. As financial institutions navigate the need to stay on top of customer information and mitigate the risk of potential fraudulent activity, a better KYB process can be introduced to reduce onboarding costs and improve the customer experience.

In this webinar, our panel of experts discuss:

  • The challenges of onboarding SMBs.
  • The impact of the Corporate Transparency Act on US reporting entities and how to prepare ahead of it coming into force on January 1, 2024.
  • How to leverage automation and advanced data analytics through a robust KYB solution to enhance customer due diligence, reduce friction, and deliver a seamless onboarding experience.

Speakers include

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Andrew Davies

Global Head of Regulatory Affairs
ComplyAdvantage

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Dana Lawrence

Director of Fintech Compliance, Pacific West Bank and Advisor, Fideseo

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