Following this announcement, the initiative is expected to optimise MiFinity’s Know Your Customer (KYC) process through the use of efficient and improved fraud prevention and compliance technology. In addition, this latest development builds on MiFinity’s two-year partnership with Veriff for Proof of Identity (POI) checks. Through the process of integrating automated POA, MiFinity is set to deliver a streamlined, highly effective KYC experience that combines POI and POA verification in real time.
Source: thepaypers.com