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.
Background Verification
Udyam Verification: Meaning, Process, MSME Validation and Why It Matters for Business Onboarding
India’s MSME ecosystem is becoming more digital, formal and deeply connected with business onboarding workflows. From vendor onboarding and merchant verification to lending, procurement and KYB checks, companies are increasingly required to validate whether an
prabhat June 12, 2026
