KYC is getting a makeover. But why?
Finshots Daily
00:00
The Evolution of KYC Processes and Challenges Faced by Fintechs
Exploring the RBI's tightening of KYC regulations, the shift from EKYC to stricter guidelines, and the challenges faced by digital entities. Highlighting the categorization of partial KYCs as high risk, cost differences among KYC methods, and implications for fintech firms, along with proposed solutions for streamlining KYC processes.
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Transcript
