Know Your Customer and Mobile Device Verification in Fintech
The meaning of KYC is ‘Know Your Customer’. It’s the process of a business verifying the identity of its customers. KYC is most often used in financial services, and it has been around since 1882. We will highlight the benefits of mobile numbers and mobile device intelligence to use for verification purposes.
In our latest ebook, we will be discussing the variety of industry tools available for businesses, how they work, and why they are important for the future of fintech.
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The importance of KYC in Financial Services
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