Virtual Roundtable
June 15, 2022
10:00 - 11:00 - BST
Compliance and the Customer Journey | Mitigating CDD Risk from Remote Customer Onboarding
The demand for digital banking continues to surge as the pandemic asserted a new normal for how consumers interact with their banks. Consumers want streamlined, modern services that they can access anywhere, at any time, but that should not compromise compliance requirements.
Compliance teams face the challenge of mitigating financial crime and managing the risk that come with digital onboarding including CFT/AML and KYC.
With preferences shifting to digital services, particularly amongst Gen Z, how are banks accurately verifying existing and future customer identities?
In this roundtable we will be discussing:
- The identity verification challenges that come with digital banking.
- How banks are tackling the compliance risks of identity verification.
- How facial biometrics can achieve compliance as well as digital experience goals.
- Multi-beneficial outcomes cross-functionally from compliance to internal controls with the increased availability of data when using biometrics.
Moderator/Host
Executive Leaders Network
This event is hosted and moderated by the Executive Leaders Network (ELN) in collaboration with our partners.
The session will provide insights throughout, offer you the chance to discuss the landscape and challenges with peers/experts and ask questions to the wealth of knowledge and experience in the virtual room.
Milko Radotic - VP, EMEA
iProov
With over two decades of management and C-level leadership in the fintech and identity technology space, Milko is responsible for rapidly growing iProov's customer and partner base in Europe, Middle East and Africa. Milko holds an MBA from London Business School (UK), Masters of Engineering from RHIT (US) and Bachelor of Engineering from the University of Borås and is a British Mensa member.
