KYC, or “Know Your Customer,” is a process intended to help financial institutions, fintech startups and banks verify the identity of their customers. Not uncommonly, KYC authentication involves “ID images,” or cross-checked selfies used to confirm a person is who they say they are. Wise, Revolut and cryptocurrency platforms Gemini and LiteBit are among those […]
© 2023 TechCrunch. All rights reserved. For personal use only....
-
GenAI could make KYC effectively useless
techcrunch.com