The Power Of Knowing Your Client

One of the most effective ways to combat ever-increasing cyber threats is through a robust know your client KYC process.

KYC refers to verifying the identity of customers to ensure they are who they claim to be. This process is vital for industries that handle sensitive information or financial transactions such as banking, real estate and telecommunications. Effective KYC protocols help organisations mitigate the risk of fraud, money laundering and other financial crimes by confirming the legitimacy of clients.

The conversations with Intel are at an early stage. The San Diego-based company has not made a formal offer for Intel

Gartner predicts at least 500 million smartphone users will be using a digital identity wallet by 2026