In the current digital age, the acronym KYC-short for "Know Your Customer"-has become a crucial component in financial services, and beyond. It represents a regulatory and procedural method of verifying the identities of clients and understanding their financial activities. This short article delves into the meaning of KYC, its verification https://www.openlearning.com/u/dreyerkaae-sh5b46/blog/UnderstandingKycKnowYourCustomerAndItIsImportance