Why is KYC so important?
Know Your Customer (KYC) is a key part of financial compliance and risk management
Prevent financial crime
Through strict customer identity verification, it effectively prevents illegal activities such as money laundering and terrorist financing, and protects enterprises from legal risks.
Compliance requirements
Meet financial regulatory requirements around the world, such as FATF, AML, GDD, etc., and avoid costly fines and reputational damage.
risk management
Identify high-risk customers, assess potential risks to business relationships, and develop risk management strategies.
Build trust
Build trust with your customers through a transparent identity verification process that boosts brand reputation and customer loyalty.