Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore were reported in 2018-19.
Source: Business Standard | 2019
A new wave of digital technology has transformed the BFSI landscape in the past few years. On one hand, it has created new job opportunities, on the other has brought banking within the reach of a common man, demanding better checks and controls. Thus, background verification has assumed a greater significance for this sector – be it verification of employees, KYC of customers or verification of business associates.
Our KYC and Risk Profiling Platform: TruthScreen™