Kyc (know your customer) compliance - PowerPoint PPT Presentation


Customer and Business Support (CABS) - Enhancing Customer Experience

CABS plays a crucial role in the council service supply chain by managing customer inquiries efficiently. They handle a wide range of services including switchboard operations, housing queries, leisure services, and more. Additionally, CABS works closely with partner services, administers various fu

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Streamlining Account Opening Process with Adroit E-KYC Software

Adroit Financial Services Pvt. Ltd offers a seamless paperless account opening experience through their E-KYC software. The process involves enabling location services, verifying client details, and ensuring secure document handling. Clients can conveniently open accounts online by following the ste

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NBFCs and IT Governance-Ensuring Future Readiness

The RBI's regulations aim to ensure NBFCs uphold strong cybersecurity standards, safeguarding consumers and enhancing trust in the financial sector, particularly in light of recent incidents such as Paytm Payment ban (Jan 2024) due to significant KYC irregularities, deficiencies observed in loan san

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How to Delete a Customer in QuickBooks

Deleting a customer in QuickBooks involves a few simple steps. First, navigate to the \"Customers\" menu and select \"Customer Center.\" Find the customer you want to delete, right-click on their name, and choose \"Delete Customer.\" QuickBooks will prompt you to confirm the deletion; ensure you're

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Understanding Federal Customer Experience Initiative

Federal customer experience initiative focuses on improving customer satisfaction with federal services. Services play a crucial role in shaping customer perception and satisfaction, impacting the overall reputation of an organization or brand. By prioritizing customer experience, agencies aim to en

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Understanding Customer Interactions Through Journey Mapping

Customer journey mapping and empathy mapping are essential tools for businesses to comprehend typical customer interactions, decisions, and emotions throughout the product acquisition cycle. By creating representative personas and empathy maps, teams can gain deeper insights into customer needs and

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Understanding Critical to Customer (CTC) and Critical to Quality (CTQ)

Quality is determined by meeting customer needs. Critical to Customer (CTC) Flowdown translates these needs into Critical to Quality (CTQ) aspects. This tool helps organizations identify what is critical to meet customer expectations, serving as a communication tool and guiding improvement projects.

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Importance of Respecting Customer Needs in Customer Service

Respect is fundamental in customer service as it fosters good relationships, loyalty, and satisfaction. Understanding and addressing customer needs, whether product functionality or empathy, are key to delivering effective service. Showing respect through easy access, acknowledging mistakes, prompt

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Understanding Customer Relationship Management (CRM)

Customer Relationship Management (CRM) is crucial for businesses to build and maintain relationships with their customers. It involves collecting and analyzing customer data, implementing strategies to meet their needs, and fostering long-term relationships. CRM benefits both businesses and customer

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Bank Finance: Procedure and Formalities Explained

Detailed guide on the procedure and formalities for obtaining bank finance, including submission of application forms and required documents, pre-sanction surveys, loan sanctioning, documentation, disbursement, and post-disbursement inspections. Covers KYC documents, income-related documents, and sp

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Comprehensive Customer Service Training Guide for Project C.A.R.E.S.

This customer service training guide presented by Felicia Brooks-Hamilton aims to ensure world-class service delivery to students, parents, teachers, and stakeholders in educational services. It covers the definition of customer service, its importance, elements, and the mission of Project C.A.R.E.S

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Importance of Good Customer Service in Organizations

Understanding the benefits of good customer service is essential for any organization. Customer service involves meeting customers' needs professionally and efficiently. Good customer service leads to increased sales, customer loyalty, enhanced public image, and a more effective workforce. On the ot

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Understanding Cost of Customer Acquisition (COCA) in Entrepreneurship

Cost of Customer Acquisition (COCA) is a crucial metric in entrepreneurship that calculates how much it costs to acquire a new customer. This metric involves quantifying all sales and marketing expenses related to attracting a customer, emphasizing the importance of understanding the sales process a

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Enhancing Customer Care Strategies: Monitoring, Evaluation, and Improvement

Discover strategies for monitoring and evaluating the quality of customer care, evaluating policies, conducting market research, addressing customer issues, gathering customer feedback through satisfaction questionnaires, and utilizing mystery shopping to improve overall customer experience.

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Understanding the New Fifth Pillar of Customer Due Diligence

The Customer Due Diligence (CDD) Final Rule, effective from May 11, 2018, adds a crucial 5th pillar to Anti-Money Laundering (AML) Program requirements aimed at improving financial transparency and mitigating risks related to illicit transactions. The rule outlines key elements such as customer iden

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Customized Card Solution for Guru Nanak Dev University Students

A customized card solution for students of Guru Nanak Dev University, Amritsar, enabling convenient payments on campus and serving as a student identity card. Features include transaction restrictions, online portal access, no KYC requirement, and HDFC bank account security. The process includes reg

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Enhancing Financial Inclusion for Street Vendors and Micro Enterprises

Financial inclusion is crucial for street vendors and micro enterprises, with challenges like lack of KYC documents, financial literacy, and accessibility. Prospective solutions involve developing saving habits, financial literacy, and innovative lending processes. Initiatives like MUDRA, DRI Scheme

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Covaris Success Story: Trade-in Program and Customer Engagement

Covaris successfully implemented a trade-in program to encourage customers with old units to upgrade to newer models, resulting in increased sales and customer satisfaction. By approaching customers directly, through email, and with the help of local dealers, Covaris was able to guide customers thro

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Customer Relationship Management in Tourism: Enhancing Loyalty and Referrals

Explore the significance of Customer Relationship Management (CRM) in the tourism sector, focusing on customer loyalty programs, word-of-mouth referrals, and the distinction between customer satisfaction and loyalty. Understand the key terms and forms of customer loyalty to cultivate repeat business

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Post Award Fiscal Compliance: Who We Are and What We Do

Post Award Fiscal Compliance (PAFC) assists campus and central administrative units in mitigating non-compliance risks with sponsor terms and conditions by monitoring compliance, interpreting award requirements, providing training, and enhancing internal controls. The team includes Matt Gardner, Ass

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Electronic Customer Relationship Management (E-CRM) in E-Commerce

In this presentation by Prof. Pampa Jana, the focus is on E-CRM for organization interaction strategies. E-CRM involves managing online customer relations and building long-term customer relationships through technology. Key aspects include assessing customer actions, integrated databases, automated

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Understanding Customer Relationship Management (CRM) for Business Success

Customer Relationship Management (CRM) is a vital business strategy that focuses on shifting goals from traditional seller-oriented approaches to customer-centric models. It aligns business strategies with customer information and technology to foster mutually beneficial relationships. CRM enables b

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Customer Journey Mapping Workshop Guide for Understanding Customer Experiences

This guide outlines a structured approach for conducting a Customer Journey Mapping workshop to understand how customers interact with products or services. It provides detailed steps, tools, key stakeholders, and goals for mapping the customer journey effectively. The workshop aims to gain insights

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How to Define and Utilize Your Ideal Customer Profile_

In today\u2019s competitive business landscape, understanding your ideal customer profile (ICP) is crucial for driving growth and ensuring long-term success. An Ideal Customer Profile is a detailed representation of the type of customer who would ben

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Addressing Challenges in Pension Inclusion through KYC Framework

The workshop on leveraging switches for pension inclusion in Accra, Ghana highlighted the need for a simplified KYC framework to address issues such as lack of data on potential pensioners, ghost payments, and identity discrepancies. With insights on the NIS Project, Ghana Card, and NIR database uti

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Enhancing Customer Service: Strategies for Success

Understand your current service situation by defining customer service, identifying qualities, and exploring benefits. Discover ways to meet and exceed customer expectations while adapting to change. Enhance customer service to boost employee loyalty and productivity in your organization.

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Comprehensive Customer Journey Mapping Template for Enhanced Understanding and Experience

Explore a detailed customer journey map template with various stages and prompts to help you analyze customer behaviors and interactions. Also, discover a featured resource on creating customer journey maps from HubSpot Academy to maximize customer experience and enhance your understanding of custom

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Effective Customer Relationship Management Strategies

Implementing Customer Relationship Management (CRM) can increase customer loyalty, minimize customer defection, and identify target customers. Learn how to enhance customer satisfaction, gain loyalty, and address reasons for customer loss through innovative strategies.

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Cashier Training for Resolving Customer Problems

This training covers essential aspects of cashier and CSR roles, such as answering customer queries, resolving issues, involving managers when necessary, and handling customer feedback effectively. It includes topics like special terms, common customer questions, handling customer problems, manager

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Enhancing Customer Experience Through Touchpoint Optimization

Explore strategies to improve customer journey experiences by focusing on touchpoints. Learn how to create delightful interactions, identify pain points, and build service blueprints for a seamless customer experience. Utilize customer data to map journey steps and emotional responses, ultimately en

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Creating Customers for Life: The Golden Customer Rule and Emotional Loyalty

Learn how to create customers for life by implementing the Golden Customer Rule, understanding customer emotions that drive buying and loyalty, and focusing on customer service management best practices. Discover the importance of building strong relationships, being responsive and rewarding, and of

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SEAL Project: Enhancing Identity Management and KYC Solutions

The SEAL project aims to provide a robust infrastructure for identity management and KYC processes, emphasizing user data control and decentralized storage to minimize risks. Using a combination of federated and self-sovereign approach, SEAL offers microservice-based architecture supporting web and

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Effective Customer Service Strategies and Communication Techniques

Explore the key aspects of customer service, ways to communicate effectively, and the importance of providing exceptional service to meet and exceed customer needs. Learn about customer service definitions, comparing service levels between businesses like McDonald's and Gordon Ramsay's restaurants,

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Understanding Customer Satisfaction and Its Impact

Customer satisfaction is crucial for businesses to thrive. Different types of customers, such as current, indirect, potential, and lost customers, play a significant role in shaping the success of an organization. Neglecting to measure customer satisfaction can lead to lower sales, reduced profits,

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Understanding Critical Customer Needs for Project Success

Explore the concept of Critical to Customer (CTC) by identifying the essential features necessary to satisfy both internal and external customers. Learn how to apply techniques like CTC Flowdown and determine Critical to Quality (CTQ) factors. Discover how to develop a CTC tree to link project outpu

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Compliance Testing by ERA for IT Systems Developed and Deployed for TAF TSI

Compliance testing for IT systems developed and deployed for TAF TSI involves checking if messages comply with TAF XSD and basic parameters, assessing compliance of IT tools against TSI requirements, and issuing compliance assessment reports. The process includes testing messages for mandatory eleme

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Visual Elements and Customer Journey Overview

Understand the key visual elements and symbols used in mapping a customer journey. Explore touchpoints, actions, and activities that define the customer journey phases. Learn how to represent touchpoints and interpret their status through visual symbols. Dive into the onset of a customer journey and

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Understanding Quality Function Deployment (QFD) in Product Design

Building quality into a product involves translating customer expectations into specific technical requirements. Quality Function Deployment (QFD) is a valuable tool for this purpose, enabling the analysis of relationships between technical and customer requirements in product design. By identifying

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Comprehensive Guide to Account Opening and Closure Procedures

Detailed guide covering KYC application, operation of accounts, closure procedures, individual and business account holders, and legal aspects. Includes steps for proof of residence, specimen signatures, and nomination. Explains account closure directions, history, process, and security measures. Su

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HUD Customer Experience Transformation Initiatives Summary

HUD embarked on a journey to enhance customer experience (CX) by forming the Customer Experience Transformation Team (CXTT) and conducting a CX Assessment. Through various initiatives like redesigning websites using human-centered design, introducing Voice of the Customer tool, and modernizing conta

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