The World Bank, officially known as the International Bank for Reconstruction and Development (IBRD), is a specialized agency of the United Nations that provides financial and technical assistance to developing…

KYC (Know Your Customer) is a set of processes and procedures that financial institutions, including banks, use to verify the identity of their customers and assess their potential risk. KYC…

A ledger is a book or database that contains a record of financial transactions. Ledgers are used in accounting to keep track of a company’s financial transactions, including sales, purchases,…