Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding
PYMNTS
DECEMBER 10, 2020
Banks and other FIs must be certain that their clients are who they claim to be and adhere to AML compliance — or be held accountable. . Video-based KYC is an effective digital technology used increasingly to confirm customers? Another key advantage is that video ID can reduce verification time from days to minutes.
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