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Financial & Legal
Digital eKYC verification is an electronic process that allows financial institutions to authenticate a customer's identity remotely. It utilizes technology to streamline the traditional KYC process, which often involves physical documentation and manual checks. Digital KYC Verificationtypically involves customers submitting electronic documents such as government-issued IDs, proof of address, and potentially biometric data (like facial recognition or fingerprints). So that businesses can ensure that they are dealing with the same person. This automated process significantly reduces the time and resources required for customer onboarding.
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