To prevent fraud and money-laundering, banks and financial institutions have to know who they’re dealing with. The diligence they take in verifying client identities is necessary for what’s known as ‘know your customer’ (KYC) compliance. It can also be costly and resource-intensive. And even more so if compliance isn’t met.
Source : https://www.siliconrepublic.com/start-ups/norbloc-kyc-compliance-fintech-blockchain
Date : May 10, 2021 at 08:12AM
Tag(s) : Médias internationaux
