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While it’s commonly understood cash use is declining and electronic payments accelerating after COVID-19, a range of new innovations are only just beginning to have an impact. Over the next five years, we can expect our business to be transformed: in this new environment, how we identify and authenticate users to make transactions faster and safer will be of central importance.
Liudas Kanapienis, CEO and founder at Ondato, says strong Know-Your-Customer (KYC) and AML solutions will be vital to success in this new environment.
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