By Sandra Fungai Kabaya (November 27, 2023, 10:57 AM EST) -- Remote customer onboarding, also known as virtual onboarding, has gained significant traction in recent years, enabling businesses to onboard customers remotely without the need for physical presence. While this approach offers convenience and efficiency, it also presents unique challenges, particularly in the realm of anti-money laundering (AML) and combating financial crimes. This article explores the challenges associated with remote customer onboarding and discusses strategies to mitigate money laundering risks in this context....