AI for Trust in Fintech
AI for Trust in Fintech
Use AI to create a proof of concept to facilitate KYC procedures
Use AI to create a proof of concept to facilitate KYC procedures.
In large banks including the ADB, Know Your Customer (KYC) procedures are essential in evaluating risks and gaining all relevant information associated with a potential client. KYC processes can, for example, improve the bank’s relations and understanding of the client, as well as unearth links to corrupt, criminal, or terrorist activities.