Swift Develops API to Automate KYC Registry Data Consumption
The API was recently made available to all registry customers, with plans to offer a 'proactive API' next year to push new and updated data.
Swift has developed an API to automate its KYC Registry, with the aim of creating time efficiencies, particularly for large institutions.
Marie-Charlotte Henseval, head of KYC compliance services at Swift, says the API enables banks that consume information from the platform to automate and integrate that data directly into their back-office systems.
“Customers can use the API to automatically schedule the download of a correspondent bank’s KYC profile. The data can then be stored directly
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