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Private banks debate the use of e-signatures in KYC process

signs, agreement, contract,

Private banking COOs and risk heads at the Hong Kong Appway Sphere for Banking conference expressed caution when debating whether private banks should incorporate e-signatures into their KYC processes.   While a survey conducted at the conference shows that 68% of respondents believe that private banks would be willing to electronically sign contractual documents when opening accounts, many attendees said that…

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