Benefits and Features of utilising know your client reports
Swiftly process addresses for Know Your Customer and serve as a proof of address solution for non-face-to-face interaction with customers in the acquisition processes.
KYC verifies the address provided by a customer by matching addresses found in the bureaus consumer database supplied by SACCRA (Banks, Telco’s) and NLR (Micro Financing) members in real time.
An efficient KYC solution is the need of every businesses sector. To comply with the changing KYC and AML requirements, organisations need a KYC solution that adequately follows all steps of KYC compliance.