Birdwatch Note Rating
2025-01-05 22:23:13 UTC - NOT_HELPFUL
Rated by Participant: 6057A073B115D0989E61A51D9A8BEE8C3A66AADC4FF6B483750ED529B16D935E
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