A process through which a human being or organisation proves who they are in a strongly verifiable manner, normally via a trusted third party. The requirement to ‘know your customer’ comes from financial regulation in which to prevent fraud and money laundering, financial institutions must know who they are dealing with.

Sign up for our newsletter

Subscribe now and get exclusive news, interviews and stories.

By submitting your email you consent to receive iov42 newsletters by email. You can unsubscribe at any time. For further information, please see our Terms and Conditions and Privacy Policy