Relevance of KYC Compliance; Identifying Customers in Businesses


KYC online verification helps in mitigating illicit processes, for instance, corruption, fake onboarding, bribery, money laundering, scams, and more. It foretells frauds and keeps track of customers. As per guidelines provided by the authorities, every business has to comply with the KYC standards set so far which assists companies in ensuring safe customer onboarding and … Read more