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Established 1995
Thursday 20 June 2019

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The latest regulations, like the amendment to the 4th European Anti-Money Laundering Directive as well as the implementation of PSD2 and GDPR are driving up the frequency that financial institutions must conduct stringent due diligence checks on their customers, driving the cost of compliance even higher.


As the severe penalties for non-compliance raise the stakes, new regulations will also expose the weaknesses of many financial institution’s traditional customer identity verification processes, which often rely on manual review of identity documents, or KBA based processes creating a poor digital customer experience, resulting in high abandonment rates and lost revenue.


There is an opportunity for FI’s to reduce friction and cut compliance and customer acquisition costs by leveraging the latest technologies like digital ID verification.


This webinar, hosted by FStech and Mitek, will feature insights from industry expert Steve Pannifer of Consult Hyperion, who will delve into topics like:


  • What additional measures are introduced by new regulations?
  • What type of transactions and institutions are included in the new regulatory scope?
  • What are the penalties for non-compliance?
  • What is eIDAs and can it help?
  • What role can digital ID verification technology play?


Watch this on demand webinar today and gain business-critical insights into the cost of compliance and how digital ID verification can help cut costs while saying yes to more good customers.

Speakers

Steve Pannifer

Chief Operating Officer, Consult Hyperion

Steve serves as COO of Consult Hyperion, who are specialists in digital identity and digital money. At Consult Hyperion, Steve has worked with card schemes, banks, mobile operators and others developing innovative products and services exploiting smart card, mobile and more recently blockchain technology. In addition, Steve has been heavily involved in the delivery of secure high value networks to the financial markets.

Joe Bloemendaal

Vice President, Sales EU, Mitek

Joe has long been actively involved in online identity and risk management field, with 15+ years of experience in entrepreneurship, international sales & marketing in the field of internet technology and SAAS. In his career, Joe has successfully founded and managed two businesses which still exist to this day. As VP of Sales for EU for Mitek, Joe is responsible for and setting the strategy and continually driving growth for Mitek’s rapid expansion in digital identity verification across Europe.

Roel Boer

Co-founder & CEO of Nocks

Roel is the co-founder & CEO of Nocks. Nocks is your gateway to the peer-to-peer economy, where you’ll find the best financial solutions for everyday users, entrepreneurs, traders and developers.

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