How KYC goes beyond identity verification

It might be obvious that you can identify someone without really knowing them, and yet for so many businesses, KYC (know your customer) checks stop at identity verification. Identity verification to carry out KYC checks is one of the biggest growth areas in the biometrics market, but must be combined with other measures to comply with regulations and prevent fraud. Here's what makes KYC checks different – and why identity verification isn't enough to mitigate risk.

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