The significance of “Know Your Customer (KYC)” is becoming increasingly important. The options for business transactions on the internet would appear to be absolutely infinite. That’s why it’s important to know who you’re doing business with. Many companies want to reach their customers where they are at any given time – at home, out and about, in branches and, preferably, without having to worry about opening hours. The most convenient way is online. However, in doing so, ensure that you “know” your customer and rule out attempted fraud as far as possible. If so, then it’s a win-win business for both parties.
Since the approval of video identification in compliance with the Money Laundering Act in Germany in 2014, many companies who are subject to this regulation, such as banks, opt for this way of doing digital onboarding. It offers both you and your customers many advantages. We started with the development of the IDnow Video-Ident solution in compliance with the Money Laundering Act back in 2012. Our process is regularly checked by auditors.
|Benjamin Haas||n/a||+49 89 413 24 600|