Community

The evolution of KYC: how can financial institutions leverage data to bolster KYC processes?

KYC – Know Your Customer – is about understanding who your customer is and if they are who they claim to be. However, as simple as this sounds, the process and information required to reach that judgement can be complex. Traditionally, KYC has been an indispensable tool for the credit and lending industry, helping lenders perform risk assessment on...

31 July 2023 /identity /crime Banking and Lending Solutions