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Typical UK bank will waste £10m annually on inefficient KYC checks as AMLD4 regulation comes into force
A new report from Consult Hyperion, commissioned by software solutions company Mitek, has revealed that the average UK bank is currently wasting A?5 million each year due to manual and inefficient Know Your Customer (KYC) processes. More details on the reportaˆ™s findings featured on FX-MM, a news provider for the treasury, trading and technology industries...
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