E65: KYC in 2024: What should be on your roadmap?

Due Diligence, Enhanced Due Diligence, Ongoing Due Diligence, Know Your Customer, and Know Your Business – if you're reading this then you're more than likely familiar with these terms. But just because these concepts are well-known – it doesn't mean they aren't constantly evolving in the dynamic world of compliance! These due diligence basics have huge consequences from everything from company reputation, onboarding speed, generating revenue, to stopping financial crime in its tracks. In this week's episode – our expert host, Marit Rødevand, is joined by Jaypee Soule , Head of Second Line Compliance at Pensionbee , and Heili Veskimeister , Head of EU Compliance and MLRO at Lightyear . Together the panel discuss, the biggest challenges with the current KYC system, the relev