Due Diligence Archives - Hydrogen

The Know Your Customer (KYC) Process In 3 Steps

Every bank and financial institution is required to have a Know Your Customer (KYC) process in place to protect itself from becoming unknowingly involved in an illegitimate customer's financial crime. A KYC process includes having a Customer Identification Program (CIP) in place and practicing Customer Due Diligence (CDD). What Is…

Continue Reading

How KYC Due Diligence Can Protect Your Bank

Financial establishments need to take extra precautions when it comes to keeping their information and assets safe from fraud. This is why banks practice KYC Due Diligence when they make transactions or work with new consumers. What Is KYC? Short for “Know Your Customer” Due Diligence, this method is just…

Continue Reading

End of content

No more pages to load

Close Menu