---
title: How banks can benefit from automation post-COVID 19 | Encompass
description: COVID-19 has had far-reaching implications across financial services. We look at the benefit of RegTech for banks in this new environment.
---

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###### ![Icon_Webinar \[SeeSaw\]_2021](https://insights.encompasscorporation.com/hubfs/Landing%20pages/Icon_Whitepaper%20%5BSeeSaw%5D_2021.svg) WHITEPAPER

# **How banks can benefit from automation post-COVID 19**

### The impact of the pandemic and the shift to remote working

---

The COVID-19 pandemic has had far-reaching implications across the financial services industry.

With some institutions facing up to restructuring, and customer expectations evolving, the need to embrace digital transformation and new solutions, particularly those connected to Know Your Customer (KYC) activities, has never been more apparent.

### Key learns in this whitepaper

- The need to embrace RegTech
- Inherent obstacles of persisting with legacy systems
- How the challenges presented by COVID-19 have given rise to opportunities to adapt

Complete the form to download your copy.

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##### Product features

- [Dynamic KYC process automation](https://www.encompasscorporation.com/kyc-aml-platform/kyc-automation/)
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- [Real-time digital KYC profiles](https://www.encompasscorporation.com/kyc-aml-platform/ekyc-digital-kyc-profile/)
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- [PEP, sanctions and adverse media screening](https://www.encompasscorporation.com/kyc-aml-platform/pep-sanctions-and-adverse-media-screening/)

##### Solutions

- [KYC onboarding](https://www.encompasscorporation.com/kyc-aml-platform/know-your-customer/)
- [Corporate customer due diligence](https://www.encompasscorporation.com/kyc-aml-platform/corporate-customer-due-diligence/)
- [Perpetual KYC](https://www.encompasscorporation.com/kyc-aml-platform/perpetual-kyc-due-diligence/)
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