Overview
KYC is the process a financial business uses to verify who its customers are before — and while — it serves them, typically through identity document checks, selfie or liveness verification, and address confirmation. It is the first part of customer due diligence, and it sits at the start of nearly every fintech onboarding flow.
Why It Matters
Regulated financial companies cannot skip KYC, but a clumsy verification step is also one of the biggest points where new users abandon signup. The challenge is making the flow strict enough to satisfy a regulator and short enough that a legitimate customer actually finishes it.
How Dotcode Applies It
We integrate identity verification providers into onboarding as a clean, replaceable step, and store verification data separately from the rest of the user profile, so the flow is both faster for users and easier to defend in an audit.
