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State of KYC report

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National IDs are important for KYC, but frequent downtimes hinder their reliability, reports Smile Identity

National IDs are important for KYC, but frequent downtimes hinder their reliability, reports Smile Identity

In 2022, National ID databases in Africa experienced an average daily downtime of 6%, according to Smile Identity's KYC report. This frequent downtime hinders their reliability as a sole verification step in onboarding customers on the continent.
Benjamin Dada Jan 30, 2023
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