U.K., Sept. 18 -- In an announcement made by ZA Bank - Hong Kong's first virtual bank - and Accuity, the two companies have announced a joint partnership to meet compliance requirements and improve customer experiences.
Accuity is a global provider of financial crime screening, payments and counterparty know your customer (KYC) solutions. As part of the partnership, ZA Bank has implemented the company's screening solution to improve its customer experiences, while also meeting domestic and international regulatory requirements.
Currently in Hong Kong under its regulatory and supervisory framework, banks have to regularly demonstrate a robust risk and compliance screening system that can alert the bank to individuals that could be engaged ...