Archives of What is KYC (Know Your Customer)?

What is KYC and why is it important for companies?

by Victor Cazenave | Oct 12, 2023

KYC (Know Your Customer) is a process used by companies to collect and verify their customers' personal information. It is essential because it enables companies to know who their customers are. As a result, these organizations...

What are the most common challenges companies face when implementing KYC?

by Victor Cazenave | Oct 12, 2023

Companies can face challenges such as collecting accurate, up-to-date data. But also managing compliance with ever-changing regulations. Setting up effective monitoring systems can be a challenge....

What are the key elements of the KYC process?

by Victor Cazenave | Oct 12, 2023

The KYC process includes the following elements: Collecting information such as customer identity, address and date of birth. Verification of this information. Monitoring transactions and financial activities. Detection of...

Identity check

Document processing

Customer relations

Intelligent vision

Use cases

Resources

What is KYC and why is it important for companies?

What are the most common challenges companies face when implementing KYC?

What are the key elements of the KYC process?