Automation in KYC: Perception vs. Reality

With their promise of accelerating digital transformation, cutting costs and increasing revenues, technologies including intelligent automation, robotic processing, artificial intelligence and distributed ledger are on business leaders’ radars. Within banking and finance, companies ranging from startups to tech giants are promising a digital revolution for Anti-Money Laundering (AML) professionals responsible for onboarding and Know Your Customer (KYC).

But what exactly is automation and intelligent processing, and do these new technologies really deliver on their promise? Just how smart is intelligent processing? What are the returns on investment from this new technology?

In this complimentary webinar, CAMS-certified solutions consultant Ruby Schembri will update you on the current progress of automation in KYC and developments to be made in the future.

Learning Objectives:

• Discuss commonly-held perceptions of automation in banking and finance - guiding truths or impediments to progress?
• Discuss robotic processing and artificial intelligence - vendor hype or foundations for new digital processes?
• Discuss what the future holds for KYC analysts and for emerging technologies

Presenter:

Ruby Schembri, Solutions Consultant, encompass corporation

CPE Credit Notice

This is a group internet-based event for NASBA authorized continuing education credit. OCEG webinars are free for anyone to attend, but only Attendees who have an OCEG All Access Pass will receive a Certificate of Completion for the webinar indicating 1 hour of CPE credit.

OCEG is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. For information regarding administrative issues such as complaints or refunds, please contact OCEG at info@oceg.org.