Digital KYC (Know Your Customer) verification has become an essential part of modern business practices, particularly in sectors like finance, banking, and e-commerce. Digital KYC Verification often involves the use of advanced technologies, so that it can streamline the verification process. This typically includes capturing biometric data, such as fingerprints or facial scans, and comparing it against government-issued identification documents. This helps businesses assess the financial risk associated with the customer’s profile so that they can reduce the chances of money laundering.