Infographics: Different Methods of Customer Identification

The customer identification process is globally known as KYC, which stands for Know Your Customer or know your clients. It is the process of identification and authorization of the customer considering risk factors related to the business. Banking and financial institutions generally practice KYC as part of the regulation of general banking and anti-money laundering […]

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Different Methods of Customer Identification (KYC) and their Shortcomings

The customer identification process is globally known as KYC, which stands for Know Your Customer or know your clients. It is the process of identification and authorization of the customer considering risk factors related to the business. KYC is generally practiced by banking and financial institutions as part of the regulation of general banking and […]

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