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Alvin Methew
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The Role of Effective KYC in Strengthening Customer Trust and Protecting Business Reputation
Know Your Customer (KYC) practices are fundamental to establishing and maintaining trust between businesses and their customers. At its core, KYC involves verifying the identity of customers to prevent fraud, money laundering, and other illicit activities.
By implementing effective KYC procedures, businesses demonstrate their commitment to security and integrity, which significantly enhances...