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Open Banking and instant payments need smarter KYC

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The payments sector is in the middle of a wave of change not seen since the first credit and debit cards more than fifty years ago.

While it’s commonly understood cash use is declining and electronic payments accelerating after COVID-19, a range of new innovations are only just beginning to have an impact. Over the next five years, we can expect our business to be transformed: in this new environment, how we identify and authenticate users to make transactions faster and safer will be of central importance.

Liudas Kanapienis, CEO and founder at Ondato, says strong Know-Your-Customer (KYC) and AML solutions will be vital to success in this new environment.

Download the White Paper now.

This White Paper is written by PCM on behalf of Ondato. To find out more about our Products and Services contact us today:

Alex Rolfe – Managing Director
alex@paymentscm.com

Wendy Sanders – Business Development Director
wendy@paymentscm.com

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