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If you believe the internet, every modern KYC solution delivers eKYC by default. AML software vendors slap the “eKYC” label on whatever KYC product they’re trying to upsell. Don’t be misled: True eKYC refers to the eKYC Golden Record. Everything else–ID verifications, uploads of digital documents, online form-filling, biometric verification, etc.–is actually modern-day KYC, not eKYC. (To learn about core features of modern KYC software solutions–what many vendors upsell as eKYC–check out Part 1 of this KYC software series on the essential features of KYC software solutions.)

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