KYC

Know Your Customer, alternatively known as know your client or simply KYC, is the process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions towards the business relationship.

Source: en.wikipedia.org

The $95B Wake-Up Call: ‘Good Enough’ Digital Identity Is Costing Firms Growth

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Watch more: What’s Next In Payments: Trulioo, Hal Lonas Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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