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 Checks
KYC Challenges In 2025 And Beyond
Once a static box-ticking exercise, the Know Your Customer (KYC) framework is now at the centre of global financial stability, fraud prevention, and digital onboarding. As digital transactions continue to surge—crossing over $11 trillion globally