KYB Checks–Tying oops for Companies and Customers Verification

KYB Checks–Tying oops for Companies and Customers Verification

In the previous years, banks were not required to verify the beneficiaries of industries that came under their assistance. This opened various spheres for criminals and bad actors to conceal massive monetary transactions. Similarly, the rest of other businesses like e-commerce faced dramatic consequences including financial losses. This increased the need for industries to employ…