How KYB (Know Your Business) Solutions Are Helping Global Companies To Deter Financial Crimes?
Global regulators have made it mandatory for financial institutions to verify the identity of their clients, which ensures that the customers are who they say they are. Through identity verification, financial institutions can prevent money laundering, corruption, tax evasion, terrorist…
A Few of the Most Common White-Collar Crimes in Business
A white-collar crime refers to any criminally illegal action by the accused party which is committed while conducting business, in order to gain illegal financial advantage of any sort. It does most often include nonviolent actions, but depending on the…