Make Homepage | Add To Favorites | Print Page | Submit News | Feedback | Contact | 

Your Technical Computer Information Resource!  
     

  Technical Updates @ TACKtech Corp.  

09.03.2019 - KYC compliance costing banks €50 million a year as financial sanctions soar



View RealWire related news. Banks could lose out on €150m in the next five years to customer abandonment Cost of non-compliance fines grows to €3.5m a year, adding new financial strain By digitising identity verification, a typical bank could save €10m a year London, UK., 3 September 2019 - A typical European bank, serving 10 million customers, could save up to €10 million annually and avoid growing fines by the regulator by implementing technology to improve the ‘Know Your... Source: RealWire

- View Press Release

NID: 78005 / Submitted by: The Zilla of Zuron
Categories: Press Release
Most recent RealWire related news.
Wi-Fi is Essential to Bridge the Digital Divide in Rural Areas
Hoptroff welcomes Robert Lindauer as Senior Product Manager
SML Partners With Elo to Enhance Interactive In-Store Solutions
Promodag Announces V14 of Award-Winning Microsoft Exchange Reporting Software with Fully Secure Authentication to Office 365
Private Internet Access Launches Bug Bounty on BugCrowd
View archive of RealWire related news.
  Popular Tech News  
  Most Viewed News  
  Top Affiliates  
.....