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How Video KYC will help Banks and Financial institutions

KYC is a process where a financial institution verifies the identity and personal details of a potential customer. The RBI has made it mandatory for all companies to undertake KYC before offering any services to customers. While it has had the positive effect of reigning in unscrupulous activities like money laundering and fraud, it has its drawbacks too.

https://www.veri5digital.com/post/how-video-kyc-will-help-banks-and-financial-institutions

category: Finance > Banking > Banks


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