UK Finance Webinar – ‘Using technology to better verify ‘thin-credit’ customers’

The COVID19 Pandemic has driven the issue of how to digitally on-board new customers to the front of many financial institutions’ agendas. This already provides a challenge for many players who are still working towards providing a full digital offering.…

UK Finance Webinar - 'Using technology to better verify ‘thin-credit’ customers'

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The COVID19 Pandemic has driven the issue of how to digitally on-board new customers to the front of many financial institutions’ agendas.

This already provides a challenge for many players who are still working towards providing a full digital offering. However, it represents an opportunity to improve services offered to traditionally “thin-file” individuals who may struggle to access banking services through traditional channels.

With many individuals and businesses experiencing financial difficulty the need to board new customers in an efficient and empathetic manner has never been more important. Banks need to explore alternative means to board customers to mitigate future regulatory debt and provide these services to those that need it most.

On this webinar Synectics Solutions and UK Finance will be joined by Gareth Narinesingh, Commercial Director of the ethical digital identity provider Yoti, to explore how banks can digitally verify traditionally thin-file customers in today’s fast-paced tumultuous regulatory and economic landscape.

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