Tag: know your customer (KYC)

KuCoin exchange introduces a new KYC system

During the first quarter of 2022, the KuCoin exchange received a $150 million pre-Series B funding round from several investors. On June...

Digital KYC system ability to revolutionize the African Fintech Industry

It is a standard implemented in investments, Fintech and blockchain startups that can verify a customer's identity and know their investment knowledge, pattern...

Blockchain and KYC have a symbiotic relationship

On the other hand, blockchain and KYC can collaborate for more efficiency in validating information and identifying complex financial irregularities. To match the complexities of blockchain transactions, KYC will need to create more technologically advanced solutions. Combining these objectives necessitates using KYC and AML compliance solutions to automate KYC during onboarding and offer authentication for existing users.