CASE STUDY Know Your Customer (KYC) System on Blockchain for Banks Blockchain-Based KYC Banking System for Better Customer Service and Risk Management Employees: 24 000 Location: Finland Industry: digital services and software development Client: TietoEVRYCLIENT BACKGROUND BUSINESS CHALLENGE T oday banks have to verify each client by using reliable, independent source documents, which contain relevant data that is important for the bank’s risk management. This information includes identification procedures, transaction monitoring, and accurate due diligence. Implementing KYC in banking requires strict compliance and costly manual tasks. SOLUTION In cooperation with TietoEVRY, Infopulse has provided a full digitalization across the entire financial document validation system. By imple

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