Know Your Customer (KYC) Procedures For Banks In 2020

Melissa IN Team | India, KYC | Banking, biometric checks, digital verification documents, know your customer, KYC, kyc 2020, kyc compliance, kyc procedures, kyc regulations, video based identification

With more people choosing to conduct financial transactions through net banking or via a bank’s mobile app as compared to physically visiting a branch of the bank, Knowing Your Customer (KYC) has become more important than ever before. This refers to the processes followed by banks to verify the identity of a customer. KYC norms themselves have had to be updated to keep up with technology.… Read More