How Technology is Transforming KYC and AML Processes
Read this article to explore how technology is transforming AML and KYC procedures. The AML (Anti-Money Laundering) and KYC (Know Your Customer) procedures were laborious and time-consuming. Fortunately, though, technology is altering the landscape. Technology is meaningfully impacting the finance landscape by combining technology with Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. Technology is replacing traditional banking procedures.
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