Know Your Customer – being customer centric
You may have heard the term KYC, which stands for Know Your Customer. Most would have heard this term when setting up accounts with crypto exchanges. However, KYC was first implemented in 1989 as an effort to prevent fraud, tax evasion and other criminal activity. …
Covid-19 forcing businesses to rethink the way we do business
Covid-19 has turned the world upside down. Will we evolve and re-assess the systems we are using to improve our lives and the environment going forward? Many businesses will close shop whilst others will find innovative ways in which to offer new products or services factoring in new regulations and discontinuing draconian methods of business. …
