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Understanding eKYC: What It Is and the Importance of Validation APIs
Understanding eKYC eKYC is the digitized version of the traditional ‘know your customer’ (KYC) process. The Reserve Bank of India (RBI) mandates financial institutions to carry out KYC for verifying and authenticating a customer’s personal data using government authorized OVDs(officially valid documents). With eKYC, authorized organizations and agents verify a customer’s identity and address digitally…
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