The Impact of OCR on Streamlining KYC and AML Processes
Introduction: The Compliance Challenge in Financial Services In the face of rising financial crimes, strict regulatory oversight, and digital transformation, institutions must constantly evolve to meet Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. One of the most significant game-changers in this space is optical character recognition (OCR) a technology that’s making compliance faster, … Read more