Global FinTech Company Implements Efficient Due Diligence
As FinTech organizations grow and expand their infrastructure and staff, processing time for due diligence needs to efficiently address a customer’s needs. As more global citizens participate in the FinTech economy, high false positive rates and lack of supporting documentation can slow down decisioning.
Working with RDC enabled this client to streamline on-boarding with decision-ready, dynamic due diligence reports and enhance protection with ongoing monitoring of the clients’ portfolios for material changes. The addition of human oversight as a first line of investigations provided an extra layer of screening protection and quality, materially lowering the false positive rate.