What is KYC?
In today's age of digital payments, it is absolutely essential and critical for banks and financial institutions to have a detailed and thorough review about their customer's background which includes age, gender, economical status, criminal records etc.
The review includes verification of identity, understanding the risk involved in having and maintaining business-relationship with a customer.
Currently, the KYC compliance mandate is issued by Governments and financial regulators of various countries on banks and financial institutions that come under their purview.
NS Infotech provides assistance in collecting, organizing and analysing the necessary documents and information related to the customers of the aforementioned financial organizations.
With strict Anti-Money Laundering policies being adopted by countries around the world to counter terrorism financing and financial crimes, NS Infotech is updated and stays abreast with the latest compliances and norms required to execute the KYC compliance procedure for any financial institution in the world.