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Know Your Customer (KYC)

Overview

KYC is an identity verification solution that prevents fraud, tax evasion, terrorism financing and other financial crimes.

Who can use it

Regulated businesses needing a remote onboarding capability.

How it works

  • Can increase revenue generation potential with higher acquisition and conversion rates
  • Potential to decrease costs due to lower overhead than in-branch services
  • Reduces instances of data entry error

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