KYC Demo Session
This Demo sessions is designed to give a glimpse of Practical KYC Training & also taking assistance from AML Custodians AI
Schedule : 25-Jan-25 & Time :11:00 AM IST
KYC Training Demo Session (60 Minutes)
Session Title: Leveraging AML Custodians AI for KYC Excellence
Objective: To provide participants with a foundational understanding of KYC processes and showcase how AML Custodians AI can enhance efficiency, accuracy, and compliance in KYC operations.
Agenda:
Introduction (10 minutes)
Welcome and session objectives.
Overview of KYC: Importance, regulations, and challenges.
Introduction to AML Custodians AI and its role in KYC.
Understanding KYC Fundamentals (15 minutes)
Key components of KYC:
Customer Identification Program (CIP).
Customer Due Diligence (CDD).
Enhanced Due Diligence (EDD).
Regulatory requirements and global standards (FATF, EU AMLD, US Patriot Act).
Common challenges in traditional KYC processes.
AML Custodians AI Overview (15 minutes)
Features of AML Custodians AI:
Automated customer onboarding.
Document verification and OCR capabilities.
Risk scoring and profiling.
Continuous monitoring and alerting.
Live demonstration:
Importing customer data.
Automated ID verification.
Generating risk profiles.
Benefits of using AI:
Reduced manual workload.
Enhanced compliance accuracy.
Improved customer experience.
Interactive Case Study (15 minutes)
Scenario-based activity:
Participants are provided with a sample customer profile.
Use AML Custodians AI to perform KYC checks.
Discuss findings and identify potential red flags.
Debrief:
Highlight the AI’s role in detecting anomalies and streamlining the process.
Q&A and Wrap-Up (5 minutes)
Open floor for questions.
Recap of key takeaways.
Sharing additional resources and contact information for AML Custodians.