KYC - A significant solution for your Bank transactions
There are thousands of financial scams, and fraud cases were reported every year worldwide, especially in banking. USD 1,6-4 trillion were lost among financial crimes and money launching; therefore, besides reminding customers to set their guard up, it is also necessary for banks or financial firms to invest in AI technology to analyze and verify customers to increase the protection of customer information. With imperative demand and highly applied, KYC is the best optimal solution to fight against the crime of fraudulently appropriating property.