Birdwatch Note Rating
2025-01-05 18:23:18 UTC - NOT_HELPFUL
Rated by Participant: AC5D7F2BB5D9C50403F42EB0E11CFB3CB503A9464AEBAE7D9E2C5B239AD10D99
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