Big KYC News

KYC Grows

Know Your Customer (KYC) started small in 1970 and has now turned into a full plan to keep money safe. These days, top KYC systems now check a great 1 million deals every second, running with smart tech to make 99.97% correct choices in their checks. 토지노솔루션

New Tech in Voice and Face Checks

Now, voice and face check systems can tell 7.9 billion voice types apart. They also look at 2,000 distinct moves people make when using them.

Money Costs and Speeds

KYC costs hit $384 billion in 2020, but tech has made checks a lot faster. Check times dropped from days to minutes, and costs fell by 70% due to smart systems.

Cool Tricks for Safety

Smart checks with tech

Watching deals in real-time

Catching tricks fast

Good set of rules in tech

Multi-step checks

These big steps in KYC tech keep making our money rules better and set new standards for safe deals and checking people in the money world.

The Past of KYC

KYC’s Long Story: Deeper into the Growth of Money Rules

Starts and Early Rules

Know Your Customer (KYC) started with Bank Secrecy Act of 1970, laying down rules to stop bad money acts in the US. This base law helped form our checks today.

This root law began our current checking steps.