Electronic onboarding: A guide for reporting entities

Electronic onboarding: A guide for reporting entities

KPMG’s Forensic team explores electronic onboarding - an increasingly hot topic in the marketplace, harnessing the power of digitisation.


Electronic onboarding for reporting entities

Globally, regulators have an increasing appetite for electronic verification methods to verify a customer’s identity as we move into a new era of harnessing the power of digitisation. The retail banking sector in particular is moving quickly to adopt electronic onboarding methods to satisfy anti-money laundering (AML) regulations, keeping in mind the ever-changing consumer expectations.

The Forensic team at KPMG explores electronic onboarding and provides key considerations for AML reporting entities looking to embark on the electronic onboarding journey. 

© 2022 KPMG, a New Zealand Partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

Connect with us

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today