How Can Risk Managers utilise Identity Verification?
The importance of risk management to an organisation cannot be overstated – there is an assortment of risk management practices put in place by every company to minimise or manage fraud and commercial risks. There are also risk management measures to ensure compliance with all rules and regulations including the Know Your Customer rule and Customer Due Diligence requirements.
With technological advancement in commerce, a business can operate online without seeing its clients. While this is great, it is also risky as companies do not