A conversation with Pierpaolo Bubbio, our Technology Assessment and Strategy Director.
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Both Know Your Customer (KYC) and Know Your Business (KYB) are essential processes used by companies and financial institutions to verify the identities of their customers and reduce the risks related to financial crimes like fraud and money laundering. So what's the difference between KYC and KYB? Though their goals are similar, KYC and KYB function at various levels of the business-client interaction and target distinct entities. Let's dive into this together.
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In today's digital security landscape, the debate between biometric security and traditional methods, such as passwords and PINs, is increasingly relevant. Both approaches offer several advantages, influencing their suitability for different applications. But which is more secure?
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