KYC Onboarding
KYC Onboarding, or Know Your Customer onboarding, is a critical process that enables businesses—especially in the financial sector—to verify the identity of their clients before providing services. It plays a vital role in preventing fraud, money laundering and other illicit activities by ensuring that customers are who they claim to be. The KYC onboarding process typically includes identity verification, document authentication, and risk assessment, all of which are aligned with regulatory requirements. With the rise of digital banking and fintech, businesses are turning to automated KYC onboarding solutions to streamline the customer journey while maintaining compliance.
