Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Identity verification—also known as know your customer (KYC)—has become a vital part ...

The March 2023 Hindenburg research report on Block Inc’s significantly exaggerated number of legitimate users raises questions about the accuracy of businesses’ customer identity verification ...

Spread This NewsAs the rise of neobanks and digital-first services reshapes the financial landscape, traditional institutions are under pressure to modernize. But while face-to-face identity checks ...

KYC, or Know Your Customer, is the customer verification process that lets your bank or crypto exchange know who you are. It’s supposed to protect you from bad actors and allows authorities to ...

Learn about KYC (Know Your Customer) requirements on crypto exchanges. Understand why exchanges implement KYC and how it benefits both users and platforms.