Tag: identity

  • The Importance of KYC Verification in Financial Services

    The Importance of KYC Verification in Financial Services

    The Know Your Customer (KYC) verification is a critical process used by financial institutions and various other entities to ensure they are dealing with legitimate customers and also to stop money laundering, fraud, and other illegal actions. This article will provide an outline on KYC verification along with its significance. What is KYC? kyc verification…