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Wealth Management firms over Reliant on Manual KYC and AML checks – RESEARCH

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Over a third (36%) of wealth management firms are yet to invest in digitalising know-your-customer (KYC) identity checks when onboarding new clients, according to new research shared today by LexisNexis® Risk Solutions, the global data and analytics provider. Similarly, the research found only 28% of firms have invested in digitalising…

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