If you're looking to decrease KYC processing times and reduce operational costs then you may be reviewing your overall strategy for KYC this year. At Beyond we've worked with a number of Financial Institutions, helping them to accelerate transformation within KYC and we've seen first-hand some of the best practices that make a difference to delivering change.

Our latest guide “Evolving your KYC strategy in 2022” provides practical guidance on how to make change happen within KYC. Insights include:

The development in the software department has caused considerable growth in various fintech sectors. The previous regimes of visiting the exchange to place certain market orders have been mitigated as traders can now access the best quotes and all instruments from the comfort of their homes.

Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in January 2020

The FEG project today introduces SmartDeFi™, its revolutionary cryptocurrency launchpad platform.

Lack of regulatory standardization delays meaningful action, according to new data from CUBE  

A lack of global standardization for climate-related financial regulation has created a confusing, disconnected – and easy to ignore – cross-border compliance landscape.  

• Accern will combine its no-code AI solutions with LPA consulting expertise to enable institutional investors to make better-informed risk and investment decisions

Sovcombank, the leader in ESG banking in Russia, joined the United Nations’ Climate Neutral Now movement to strengthen its non-financial reporting transparency and support the environmental goals. Sovcombank will measure, reduce, and annually report the greenhouse gas emissions as the first Russian signatory bank.

New payments platform overcomes one of the travel industry’s biggest barriers to entry, allowing businesses to sell flights more easily with no upfront capital

Over the past decade, cryptocurrencies have taken centre-stage. However, with growing concerns around their volatility, many have looked for ways to mitigate against the drawbacks of investing in crypto. As a result, investors are gravitating towards virtual assets that are backed by a real underlying asset, known as stablecoins.

Client-centric businesses are predicted to reign in the fintech industry as venture capitalists seek smart investments and customers chase savings and customer-friendly integrations