Customers no longer have to go through tedious and repetitive eKYC processing such as liveness checks, multiple document uploads, and screening processes,
Using innovative Web 3 (aka blockchain) technology, our consortium partners not only take advantage of our low eKYC rates, but they are also incentivized when their users' data are reused at other companies.
KYC processes serve to protect financial institutions, their customers, and the broader financial system from illegal activities, while also promoting transparency, trust, and accountability in financial transactions.
NBFIs are also subject to KYC regulations to combat financial crimes, assess risks, prevent fraud, conduct due diligence, manage their reputation, and fulfill legal obligations. Implementing effective KYC processes is crucial for NBFIs to safeguard their operations, protect their customers, and maintain compliance with regulatory requirements.
In a growing number of jurisdictions, the following professions need to KYC their customers.
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