December 01 at 12:30 PM - 01:00 PM EST

[Live] End-to-End High-Risk Customer Management & CDD/EDD

Segmentation, Stratification, Surveillance & EDD Workflows for High-Risk Customers

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High-risk customer management is a significant challenge, as financial institutions must balance the needs of their business and customers with heightened regulatory expectations for customers in high-risk categories. These challenges are exacerbated by conventional Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) approaches that result in process inefficiencies, increased costs, and potential gaps in compliance programs.

Join Verafin Product Evangelist Corey Lynch for a live demonstration of how Verafin can help you effectively manage high-risk categories of customers, including private ATM owners, Cannabis-Related Businesses (CRBs), Money Services Businesses (MSBs), Non-Governmental Organizations (NGOs), and more. Our segmented and stratified approach to risk provides a more accurate assessment of your high-risk customers — saving you valuable time, so you can focus on the customers that pose the greatest risk to your institution. Highlights of this engaging session include identification and segmentation of high-risk customers, risk stratification, ongoing customer surveillance, EDD workflows and more.

Tagged as...

  •   BSA/AML Compliance
  •   CDD/EDD
  •   High-Risk Customer Management
  •   Intelligent Segmentation
  •   Money Laundering