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KYC automation in Asia could help combat financial crime and improve client experience: StanChart

Moves by regulators and financial institutions in Hong Kong and Singapore to automate KYC processes could aid the fight against financial crimes and improve the overall customer experience, says David Fleet, managing director of client onboarding and management at Standard Chartered Bank. As an example of the steps being taken in that regard, the Monetary Authority of Singapore (MAS) is…

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