Freedom ID @FreedomIDcom

Revolut has been fined €3.5 million by the central bank of Lithuania for deficiencies in its anti-money laundering controls finextra.com/newsarticle/45… #AML #banking @Finextra

A new report shows that the need to balance efficiency and a positive client experience with the demands of KYC checks is proving difficult for a number of major banks wealthbriefing.com/html/article.p… #KYC #banking @WealthBriefing

For years, digital transformation in banking was about moving services online, making transactions faster, automating back-end processes and improving the customer experience. But the next phase is about being AI-driven thefintechtimes.com/ai-is-taking-o… #AI #banking @thefintechtimes

Artificial Intelligence (AI) will revolutionise the financial services industry over the coming decade. And the transformation will be broad – impacting everything from customer experience to administrative operations says @LBGplc lloydsbankinggroup.com/insights/reima… #banking #AI

In the face of increasing generative AI-based deepfake attacks, banks must fight fire with fire and invest more in artificial intelligence themselves, Federal Reserve Governor Michael Barr has said bankingdive.com/news/banks-fig… #AI #security #banking

Q2 has released the '2025 Retail Banking Trends and Priorities' report, revealing that 52% of financial institutions prioritise improving digital customer experience as their top priority stocktitan.net/news/QTWO/q2-r… #digitaltransformation #banking

A study of over 450 C-level executives across corporate, institutional and commercial banks, found that more than two-thirds (67 per cent) have lost clients due to slow and inefficient client onboarding and KYC, up 19 per cent from 2023 thefintechtimes.com/inefficient-ky… #KYC #onboarding #banking @thefintechtimes

As the financial sector moves forward with AI plans, new research reveals that banks added governance and ethical use expertise to their workforces last year bankingdive.com/news/banking-g… #AI #banking

Artificial intelligence (AI) is regarded as an increasingly important technology for the banking sector but there is still some trepidation dentons.com/en/insights/ar… #AI #banking @Dentons

#ICYMI We’ve had a new lick of paint! Check out our new-look website which has been further spruced up, fine-tuned and updated to reflect the needs of our customers. Remember, success is a first impression! zenoo.com #digitalonboarding #KYC

“Now is the time for small businesses to take advantage of cutting-edge digital onboarding with the minimum of fuss and upfront investment.“ Read our blog - ‘Bringing big tech to small business’ lnkd.in/ervMK3re #SME #SMB #digitalonboarding #digitaltransformation

As financial crime evolves and regulatory scrutiny intensifies, Know Your Customer (KYC) has become a critical safeguard for the financial industry. @GBAFReview takes a closer look globalbankingandfinance.com/the-role-of-kn… #KYC #banking

.@beyond bank CIO Stevie-Ann Dovico shares insights on leading digital transformation in a customer-centric bank and balancing tradition with innovation in @CIOonline. cio.com/article/361554… #digitaltransformation #banking

“Now is the time for small businesses to take advantage of cutting-edge digital onboarding with the minimum of fuss and upfront investment.“ Read our latest blog - ‘Bringing big tech to small business’ zenoo.com/news/bringing-… #SME #SMB #digitalonboarding #digitaltransformation

"Zenoo will continue to focus on AI as a cost effective way to expand and scale the business over the coming years." @TechnologyMagBC is the latest media outlet to carry news of Zenoo using AI to refine services. technologymagazine.com/pr_newswire?rk… #AI

As financial institutions race to integrate generative AI into their operations, the implications for workforce dynamics and organisational culture cannot be overstated. Read more on @IntBanker internationalbanker.com/technology/nav… #AI #banking

Major American banks have filed to close 81 branches across the country in less than a month as customers continue to move online dailymail.co.uk/yourmoney/bank… #digitaltransformation #banking @mailonline

As we approach 2025, AI and machine learning are poised to continue evolving the banking sector. @FinTechMagazine looks at how generative AI and machine learning are transforming financial services as we head into 2025. fintechmagazine.com/articles/ai-in… #AI #banking

Banks can bridge the technology gap by building a repeatable process for qualifying and delivering new generative AI projects, writes @KPMG kpmg.com/us/en/articles… #AI #banking #digitaltransformation

The UK banking and financial services industry is ripe for a digital transformation, offering a myriad of challenges and opportunities on the digital frontier. And fintech collaboration is the key to success, says @UKFtweets ukfinance.org.uk/news-and-insig… #digitaltransformation #banking #fintech