Encompass Corporation, the corporate KYC software provider, is now certified to ISO/IEC 42001, the international standard for an AI management system. The standard covers how a company governs the AI it develops, provides or uses. Encompass says the AI management system runs inside the same framework as its existing ISO 27001 information security management system.
Our readBanks reviewing KYC vendors can ask for audited evidence of AI governance alongside security certificates. The post does not name the certification body, issue date or scope, so request the certificate and scope statement to confirm the KYC platform is covered.