KYC (Understand Your Consumer) conformity

Finance institutions want to put up identity that is appropriate mechanisms to secure the onboarding of the latest customers for their services and conform to strict and evolving laws such as for instance Anti-Money Laundering (AML) Directive v5 v6, and PSD2 in European countries.

Numerous economic solutions KYC procedures need demanding identification verification and genuine individual verification throughout the whole customer life period.Continue reading→