Hello, how can we help you?

What is identity verification?



Identity verification is the process that ensures that a potential customer is who they say they are.

This involves the collection of personal data for customer identification and identity validation.. Identity verification as part of Know Your Customer (KYC) procedures comes from anti-money laundering regulations. These laws require obligated institutions to take measures to prevent money laundering, terrorist financing and other criminal activities.


Last update: Oct 01, 2023

Has this article been useful for you?


Still need help?

We are available through various channels to help you