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The Know Your Customer (KYC) process has, in recent years, been applied to an increasing number of sectors of activity.The reason for such success? Unparalleled efficiency! For companies and organisations alike, a well-implemented identity verification process is a solid defence against fraud and identity theft. But the list of benefits for companies and their users does not end there.
KYC is important for several reasons. It helps to combat money laundering and the financing of terrorism, protect customers from identity theft and improve customer knowledge. In a nutshell, KYC is an essential procedure that protects your business and your customers.
eIDAS 2 offers new opportunities for accessing private services. For companies, the creation of the digital identity wallet is the guarantee of new opportunities and a simplified customer experience.
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