Birdwatch Note Rating
2025-01-05 18:06:19 UTC - NOT_HELPFUL
Rated by Participant: 36847AF08F7911CB79D1C08C33FC9E78F3BC018F8538653372E0C59879291655
Participant Details
Original Note:
The reason is to protect the customer from fraud l, money laundering and financial crime. It’s a mix of Enhanced Due Diligence (EDD) and Knowing your customer (KYC). This has been the case in banking for a long time and is nothing new - https://www.gbgplc.com/en/blog/what-is-customer-due-diligence-in-banking-and-financial-services/
All Note Details