Choosing an IDV solution: key considerations before you invest Seamless Know Your Customer (KYC) solutions allow businesses to efficiently verify user identities - and scale quickly and safely.
As identity verification becomes ever more important for regulated digital companies, the number of automated KYC providers has proliferated. KYC-Chain’s Buyers Guide provides crypto companies and other Virtual Asset Service Providers (VASPs) with useful tips for choosing the right KYC provider - and filtering out the noise in what is becoming a very loud market.
What’s in the guide:
1. Some of the money-laundering risks facing crypto companies.
2. The types of regulatory sanctions and fines being applied to exchanges that do not properly implement adequate KYC, AML and CFT protocols.
3. How VASPs can be compliant and verify their users/customers with confidence.
4. Factors to consider while choosing a reliable and effective KYC solution.
5. Learn to navigate the complex identity verification landscape so you can make the best decision when it's time to invest.
