kyc

Tag:kyc

KYC Solutions & Its Merits

Whether recruiting an individual or setting up a partnership or alliance with a vendor or another business, it is crucial to know who you are dealing with. KYC or Know Your Customer is designed to prevent misrepresentation and identity frauds. KYC verifies data related to individuals, businesses, vendors or other third parties to root out [...]

2018-03-27T08:52:58+00:00 2018, Blogs|

The Power of Aadhaar based eKYC

Knowing your customer (KYC) is critical to your business to mitigate external risks and safeguard your company brand and financials. For example, KYC is critical for banks to comply with Anti-Money Laundering reporting standards. KYC is the banks way of taking ownership of all funds placed for deposit under their care while establishing repoire with [...]

2018-01-19T10:40:05+00:00 2017, Blogs|

eKYC vs Manual KYC: Leveraging Data and Technology to power business growth

As companies grow and on-board customers and employees faster, they are also grappling with the task of managing paper based, manual KYC processes. Successful customer acquisitions need faster verification and client on-boarding. To accelerate customer acquisition across existing and new geographies, organisations need access to instant, paperless KYC process while holding high standards of data [...]

2018-01-24T04:52:27+00:00 2017, Blogs|

Is your employee what it claims to be? Enable faster, genuine identification

Background verification of potential employees has been the focus area of regulatory bodies to prevent identity theft problems. According to a recent survey, identity fraud has reached 77% in the year 2015. With major industries like banking, insurance, financial services, hospitality etc. rapidly flourishing in the market, regulations have been tightened to ensure stringent KYC [...]

2018-03-15T07:18:30+00:00 2016, Blogs|