A comprehensive guide to the KYC onboarding process
As digital threats grow and regulations tighten, businesses can no longer afford to treat compliance as an afterthought. In 2024 alone, global financial institutions were fined over $4.6 billion for failing to meet Anti-Money Laundering (AML), Know Your Customer (KYC), and Customer Due Diligence (CDD) compliance standards, with the U.S. alone accounting for more than