What is KYC? What is eKYC? Why has KYC become the standard in the banking and finance industry? Join us to find out. What is KYC? KYC means Know Your Customer and sometimes Know Your Client. KYC or KYC check is the mandatory process of identifying and verifying the identity of the...
The “5 Cs of Credit” is a common phrase used to describe the five major factors used to determine a potential borrower’s creditworthiness. Financial institutions use credit ratings to quantify and decide whether an applicant is eligible for credit and to determine the interest rates and credit limits for...
The most important feature of today's 4.0 technology era that the world is pursuing is artificial intelligence. Along with this technology development trend, the fields of supercomputers and artificial intelligence are an extremely hot industry in the technology world. An extremely important aspect of artificial intelligence: Machine Learning. What is...
According to Deputy Minister Nguyen Huy Dung, 2020 is the year of starting the national digital transformation. Developed digital technology allows us to bring all of our operations to cyberspace instead of simply digitizing documents, digitizing processes as before. This movement will take place at a rapid rate, creating...
According to a report by the American Association for Fraud Investigation (ACFE), on average, each business loses about 5% of its revenue because of fraudulent activities. However, only 35% of businesses apply proactive corporate governance practices to prevent fraud. Here are 9 methods to prevent financial fraud that CEOs can...
The function and popularity of Artificial Intelligence are soaring by the day. Artificial intelligence is the ability of a system or a program to think and learn from the experience. AI has significantly evolved over the past few years and has found its applications in almost every business sector....
