Case Study European Bank Accelerates KYC Processes with Automation from Kofax. Work Like Tomor?w. This bank used Kofax RPATM to automate data-gathering processes linked to Customer Due Diligence (CDD) and Know- Your- Customer (KYC) checks. Today, the bank can complete data- collection work that once took roughly 13 minutes in under 90 seconds on average, saving thousands of hours a week. Faster, more complete customer investigations reduce costs and the risk of regulatory non- compliance. 88% faster data collection 1,000s of hours saved per week Cuts compliance risksSolution A longstanding Kofax customer, the bank was already using a range of Kofax software across its business. Working with Kofax, the bank found the answer to its compliance challenges in an unexpected w

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