Know Your Customer (KYC) refers to the process of verifying the identity of customers, typically used by financial institutions and other organizations to prevent identity theft, money laundering, and other financial crimes. As regulatory requirements continue to evolve, KYC has become a critical component of tech-driven compliance solutions, enabling businesses to securely and efficiently onboard customers while mitigating risk and maintaining trust in the digital economy.
Stories
5 stories tagged with KYC