KYC in Banking - Verify Customers Identities & Bolster Security

KYC in Banking – Verify Customers Identities & Bolster Security

KYC or a know-your-customer regulation is a must for banks to meet. KYC in banking is needed to detect the identity of the customer. It ensures that the individual banks are not a culprit.  KYC is compulsory for many industries, especially those dealing with financial regulation. Fintech, cryptocurrency, property firms, and various other industries must […]