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KYC Trends for US Commercial Banks
Dive into our comprehensive paper, which unveils the critical challenges facing commercial banks today and offers strategic insights on navigating them successfully.
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Fenergo understands that the demand for onboarding perfection, a uniquely personalized customer journey, and impenetrable data protection is not a preference but an essential requirement for commercial banks. That's why forward-looking banks shift their compliance mindset from cost center to revenue enabler.
Against this backdrop, Fenergo conducted its 2023 KYC Commercial Banking Trends survey. The study polled 154 C-level commercial banking executives, and the results shed light on commercial institutions’ challenges.
Download the report to explore the survey results and learn more about:
- How improving operational efficiency can help to meet revenue targets
- Understanding current onboarding risks and how to mitigate
- Continuous monitoring and adaptation to comply with new regulations
- Overcoming technical debt and resource constraints