Industry Context

Glossary

KYC

KYC (Know Your Customer) is the regulatory and operational process of identifying and verifying customer identity at onboarding and on an ongoing basis through identity-document checks, sanctions and PEP screening, biometric verification, and address verification.

How it works in practice

A KYC programme may combine document verification, biometric checks, sanctions or politically exposed person screening, and address verification. Dedicated KYC providers and regulated operators determine those controls.

Fraud Intercept can add Identity Graph and Known Threat evidence to supported operator workflows. Fraud Intercept does not replace KYC screening and does not claim sanctions or PEP screening.

Why it matters for fraud prevention

KYC and fraud evidence address different responsibilities. Stating that boundary clearly prevents linked-risk evidence from being mistaken for regulated identity screening.

How Fraud Intercept layers cross-operator signals on top of an operator KYC vendor is covered on the fintech vertical page, including the post-onboarding monitoring patterns that KYC alone does not cover.

Browse all definitions on the Fraud Intercept glossary.