KYC API Integration |Naxtre

KYC: What is “Know Your Customer” Means and Why It is Significant?

Know Your Customer (KYC) refers to the process institutions use to verify the identities of their customers and ascertain what fraud risks they may pose. The premise is that knowing your customers — performing identity verification, reviewing their financial activities, and assessing their risk factors — can keep money laundering, terrorism financing and other types …

KYC: What is “Know Your Customer” Means and Why It is Significant? Read More »