5.4 million consumers were victims of identity theft or fraud last year globally [1]. That’s up by 16% from the year 2015. Identity fraud and its related vulnerabilities are becoming increasingly rampant due to weak ID verification processes across companies. It is indeed important to keep identities safe and on-board employees, customers, vendors and partners with genuine identities only.
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BFSI
Top 11 Know Your Customer (KYC) Service Providers In 2024
In 2024, the demand for seamless and secure Know Your Customer (KYC) processes is at an all-time high as businesses and financial institutions strive to enhance customer onboarding, compliance, and fraud prevention. The evolution of