A joint report from Fintrail and Jumio on how to build an effective onboarding flow with the right type and right number of onboarding controls.
Customers expect to be able to open accounts in minutes while firms need to capture all of the information required to assess the risk of the customer.
Some checks are required by regulations, whilst others can be deployed on a risk-based approach. The key to effective onboarding is to get the balance right between hard-and-fast regulatory compliance and a seamless and intuitive user experience.
In this report, you will learn more about: