Text for Terms & Conditions
T's & C's: AML ID - Digital Checks
- Change date
- 15/02/2024
- Word count
- 100
- Deployment measure
- 7/10
Rationale
An increasing number of firms use digital verification tools as part of their AML and onboarding process. Such processes should be included in the firms Ts and Cs. This is one of a number of differing paragraphs that you can consider as a starting point.
We employ digital applications to authenticate an individual's identity through a mobile phone app. Use of these digital apps provides a smooth and effective method for identity verification, incorporating advanced
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