Know Your Customer & Customer Due Diligence
Customer Due Diligence (CDD) and Know Your Customer (KYC) are fundamental to achieving AML compliance. Financial institutions must scan numerous watchlists and data sources to assess risk of potential customers — both at the point of onboarding and on an ongoing basis. Conventionally, financial institutions have been limited to performing scheduled, periodic reviews. But now there’s a way to continuously assess risk across the customer lifecycle — and it’s all automated.
Download our solution sheet to learn how Feedzai’s Customer Due Diligence solution:
- Screens potential and existing customers using diverse data sources
- Uses Evolutionary Risk Profiling to continuously update customer risk profiles as they interact with your business
- Leverages value-added risk indicators from screening, transaction monitoring, and operational patterns, such as cases and SARs