Birdwatch Note Rating
2025-01-06 06:03:46 UTC - NOT_HELPFUL
Rated by Participant: AF2A7247BF1D77CB7D4A50D353D095283879A922F944D2A7C965255A414D08D6
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