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The Game-Changing Effect Of Tiered KYC

Have you ever wondered why when you go to open a bank account, the bank often asks a ton of questions?
This is because of something known as the Know Your Customer or KYC rules.
This is all about to change. Welcome to the Game-Changing effect of Tiered KYC. Low-risk businesses will be able to open low-risk bank accounts with simpler information requirements.