Despite the fact that many people within organizations believe that doing more manual reviews is the magic bullet that will make their compliance team more efficient, this couldn’t be further from the truth. Tune in today to hear why! 

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Today’s episode:

• [00:48] What many of my clients get wrong about compliance tools. 
• [02:26] The point when people usually decide that they want more staff members in their organization to do more manual reviews. 
• [04:19] Why I believe that manual reviews are time bombs. 
• [05:29] A big reason why people so often make mistakes with manual reviews. 
• [06:16] Two big challenges that the financial industry struggles with. 
• [07:34] Examples of cases that do require people to do manual reviews. 
• [09:11] Why it is not a good idea to assign engineers to resolve issues with compliance tools.
• [10:24] How to eliminate redundant manual processes within your organization.
• [11:38] A common question that clients ask me about compliance tools in younger organizations, and how I respond. 
• [13:05] Why your level of experience matters when it comes to compliance tools. 
• [13:58] Where you can find my newly updated guide for digital onboarding of customers. 

Show links:

• Digital Onboarding Compliance Guide for FinTech Startups: https://competitivecompliance.lpages.co/digital-onboarding-kyc-checklist-split-test/

• Interested in FinTech compliance? – Consider investing in the FinTech Compliance Self-Starter Package!

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