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KYC Glossary

What is Identity Verification?

ID Verification / IDV

📖 Definition

Identity verification (IDV) is the process of confirming that a person is who they claim to be. In digital contexts, this typically involves submitting ID documents, biometric data (face/fingerprint), and sometimes additional checks like address verification or database lookups. KYC is a specific type of identity verification used in financial contexts.

🏢 Where You Will See This

All platforms requiring KYC

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