Re-verifying the identity of existing customers is an important part of financial services firms’ CDD requirements. Regulators often spot check and review remediation processes, and where they are not in place will commonly fine regulated firms.
Watch our on-demand webinar with David Pope, Head of Marketing for HooYu, as he discusses how financial services can engage with their customers to meet their ongoing KYC requirements and what tactics firms can put in place to re-verify near to 100% of their customers.
