Unlock Business Safety with KYC Compliance Importance

importance of kyc compliance

Every year, between $800 billion and $2 trillion USD are laundered worldwide. This is 2-5% of the global GDP1. Such a large amount shows why KYC, or Know Your Customer, is crucial for keeping your business safe from financial crimes. With more companies going digital, KYC now plays a vital role in many sectors, not … Read more

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