Truth Technologies in the History of KYC, Know Your Customer: what comes first KYC or KYB, Know Your Banker (2)?
When in 1995 Truth Technologies was born, it was with a vision of future regulatory needs, based on past events. And those events triggered the ever-greater demand by banks in the US for KYC regulations. Regulators would sanction financial institutions for wrongdoings. However, without Know Your Customer regulations bankers were arguing…