Know Your Customer – often abbreviated to KYC – describes the process which a company goes through in checking out a customer before deciding whether to do business with them. KYC doesn’t apply to businesses where customers pay before they receive goods or services. It is really only relevant to situations where companies supply goods or services along with an…
Would you know a forged passport or bank statement if you saw one? Most of us would like to think that we’d be able to spot a fake at a glance. But the reality is that it’s often not so simple. Identity fraudsters are getting smarter than ever and not checking documents properly could cost your company dear. Let someone…
Would it surprise you that in 2016 there were over 173,000 cases of identity fraud detected in the UK? And these are just the cases which were reported to the police. The true extent of the problem could be much larger. There are many situations in which an organisation might want to check the identity documents of people the deal…
