GDPR and KYC – Living Together in Perfect Harmony?

By Hugo Chamberlain
On: 23 February, 2023,
Categories: Adverse Media, Continuous Monitoring, Explainable AI, Fintech, GDPR, KYC, Regtech

The General Data Protection Regulation (GDPR) and Know Your Customer (KYC) screening are two important regulatory frameworks in the world of data protection and financial services. GDPR and KYC screening can conflict in several ways, particularly in relation to the collection and storage of personal data. However, it is mandatory for organizations to comply with both by carefully balancing the requirements of each and taking appropriate measures to protect personal data.

Read More