A Regtech Study released by IRTA & Protiviti with encognize contribution
On November 14, 2019, the International RegTech Association (IRTA) and Protiviti have released the findings of a global market study they conducted to investigate the effectiveness of current ‘Know Your Customer’(KYC) processes. The study reveals an urgent need for more effective industry alignment to accelerate the digitizing of KYC processes and greater use of shared platforms. KYC processes involve the identification and verification of customers and help protect financial institutions’ services from being misused for illegal activities.
encognize G.K. was one of the direct contributors to the report preparation and review.
Full Press Release here
Full pdf report downloadable here (English version)