Banking is an industry with high levels of regulation to guarantee confidentiality and the correct handling of data. This has caused financial institutions to increase their efforts to comply with stricter regulations and verify the identity of their clients in digital channels.
KYC (Know Your Customer) helps identify fax number list to provide a higher level of online security for businesses and consumers. These actions are aimed at avoiding inconveniences related to corruption and fraud.
In this article we will address this issue and how this fax number list personal recognition process is an agile and secure way to verify the identity of your customers.
Know Your Customer as an anti-fraud measure
This is a practice to verify the identity of clients, especially in the fax number list financial industry. This is possible through controls and checks to avoid situations such as money laundering and identity theft.
KYC begins with the collection of personal data to verify that customers are who they say they are. In the financial industry this implies analyzing the identity through the Personal Identification Document.
Normally this verification is done in person at agencies or sent by fax number list, because documents must be presented and signed. However, technology has allowed the implementation of digital procedures that involve the use of biometric checks and facial recognition to recognize the owner of the document.
One of the benefits of this process is that it helps to fax number list capture customer data to be integrated into other platforms such as CRM and thus speed up the processing of the information collected. This allows you to monitor their behavior to have control of any suspicious activity.
In short, KYC or Know Your Customer is about a customer identification process that includes the compilation and analysis of documents. The foregoing, contrasted with a database and the creation of a behavior pattern, allows monitoring to assess whether the person represents a risk.