What are the three 3 components of KYC?
The three main components of KYC (Know Your Customer) are: Customer Identification This component involves verifying the identity of the customer or client. It requires collecting accurate and valid information about the customer’s identity, such as full name, date of birth, address, nationality, and identification documents like passports, driver’s licenses, or national ID cards. The […]
Where is KYC data coming from?
First define what is KYC. KYC stands for “Know Your Customer,” and it refers to the process by which businesses and organizations verify the identity of their customers or clients. KYC data includes the personal and financial information collected during this process. The purpose of KYC is to prevent illegal activities such as money laundering, […]
How to build a KYC digital process ?
Define all considerations to ensure compliance, security, and functionality for your KYC Solution. Building a KYC (Know Your Customer) solution involves several steps and considerations to ensure compliance, security, and functionality. Here’s a high-level overview of the process: Requirement Analysis Define the specific requirements for your KYC solution. Understand the needs of your business, customers, […]
What is KYC about in Salesforce?
In the context of Salesforce, “KYC” typically refers to the integration and implementation of Know Your Customer (KYC) processes and functionality within the Salesforce platform.