by Giap Tran | Oct 4, 2019
KYC stands for Know Your Customer. It is a standard process in financial and banking operations in verifying the identity of a customer, and helps to prevent identity theft, money laundering, terrorist financing, and financial fraud. Therefore, Benefit.X requires all company administrators to complete the KYC process in order to access the services of the card.
With our Artificial Intelligence (A.I) engine, Benefit.X ensures that the identity of the customer tallies with the ID provided.