Cognitive Process Automation, IBM
By Claire Zhuang and Sunil Mehta on 17 September, 2020
How Extreme Automation Can Shape the Future of KYC
Celent estimated that the total IT and operational spend on AML and KYC activities by European financial institutions in 2019 has reached $12.5 billion. Despite of the increasing amount of investment on resources in the KYC process, financial institutions still face a number of major challenges and risks of hundreds of millions of dollars’ fines […]