Swift has developed an API to automate its KYC Registry, with the aim of creating time efficiencies, particularly for large institutions.
Marie-Charlotte Henseval, head of KYC compliance services at Swift, says the API enables banks that consume information from the platform to automate and integrate that data directly into their back-office systems.
“Customers can use the API to automatically schedule the download of a correspondent bank’s KYC profile. The data can then be stored directly
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