Redefine your company KYB strategy
KYB is an essential component of the customer onboarding journey, but it’s often seen merely as a tick box exercise to avoid large fines. This year the importance of effective KYB has become clear, with millions of companies at risk following the Covid-19 crisis.
2020 has seen hundreds of thousands of companies applying for business support loans and horror stories have emerged about the archaic application and approval processes, with Small and Medium Sized Enterprises (SMEs) waiting months for a decision. Something they just can’t afford in the current climate.
Banks and insurers that are automating the journey with real time company insights and providing a better customer experience to SMEs when they need it most, will come out on top after the crisis.
Ask yourself these three questions:
No matter where you are in your digital transformation journey, redefining your KYB strategy is key to enhancing SME onboarding in this new digital age.
Bring your compliance and risk teams together and let’s talk:
With KYB Virtual Lunch & Learn, not only is the session completely free of charge but lunch is on us for you and your team who attend the session.
Your questions answered
You no doubt have lots of questions about redefining KYB. We’ll use the session to answer them.
Success criteria
What makes a successful KYB approach? We’ll give you a checklist to take away.
KYB ROI
Get your personalised KYB ROI calculator and see how quickly a KYB programme will deliver time savings to your team.
Personalised KYB review
You’ll receive a KYB review to help you optimise your KYB approach.
"Since implementing DueDil, Santander was able to reduce the application process time (from picking up the phone to account approval) from 14 - 21 days, on average, down to 5 days for 74% of the cases."
“We connect to the DueDil API and pull all the relevant information. That means customers don’t have to manually fill out a lot of forms and we can comply with all of our AML and FinCrime regulations in a way that’s efficient for them.”
KYB Lunch & Learn is a unique knowledge exchange opportunity for you to share your current KYB journey and learn how (and where) other companies are succeeding.
Chris Rushton will be your host and guide you as we explore KYB and your digital transformation journey.
Chris Rushton
Enterprise Account Manager
