How TINVerify Is Transforming Digital Banks With Digitized Identity Verification Solutions
Identity verification has always played a big role in AML and ATF compliance. Traditional banks have been able to incorporate and leverage the boons of the digital era with digitized identity solutions. Digital banks, too, have emerged and transformed with the digitization wave. Neo banks or digital banks are now one of the largest emerging […]
Top 10 Identity Checks That Help Establish Compliance For Your Business
Compliance in 2022 is all about establishing a fair stance and operating within the legal boundaries as regulated by the federal agencies. Violation of such compliance boundaries usually leads to discourse and unwarranted attention from the federal agencies. But why? Why should a business stay compliant? Are there any legitimate reasons why a business must […]
10 Tips For Successful Identity Verification
Verification is the key to identifying an entity or a person. A legal name or ID is assigned by the federal agencies to denote the existence (or the lack of) of an entity or a person. The majority of our compliance processes require the business ecosystems to obtain these identities from the customer with their […]
Significance Of Identity Verification API in 2021
There are many ways a business can choose to function. But the smartest way to do it is to up the ante on security and verification – and this includes not just with your external organizational infrastructure but with the internal identity validation process. If you think your business is fine with a traditional screening […]
The Future Of Gig Economy is More Viable With These 5 Powerful Identity Checks
There is no denying that the gig economy is a significant contributor to the U.S. economy. With many individuals finding value in creating a secondary income stream by providing contract-based freelance services, there is an upsurge in trends. For many businesses, hiring independent contractors is convenient because they come with a no-strings-attached payment approach, which […]
Why Identity Verification Is Creating A Buzz In The Gig Economy?
About 34% of the U.S. workforce makes up the gig economy in the U.S. This means that many employed individuals and self-employed individuals are in some way a part of the gig economy, driving its capacities. There is no denying that the gig economy is one of the fastest emerging industries contributing over $1 trillion […]
Role of Identity Verification in the Gig Economy
Thanks to the Covid-19 pandemic, identity verification is no longer just a security protocol, but a linchpin for profile vetting. Without identity verification, digital onboarding processes cease to exist. This is why modern businesses are investing and exploring various ways to incorporate identity verification. And what’s more? Identity verification accelerates and streamlines your KYC compliance […]
How Identity Verification is Saving Businesses from Non-compliance, Identity Theft, and Other risks
As humans, we tend to take a lot of things for granted. This isn’t because we’re inherently unaware of it; no. We just tend to overlook things that are… not broken. Identity verification was not a primary concern for most companies until the covid-19 outbreak and the pandemic disrupted the physical ecosystem for businesses. Identity […]
How Identity Verification Changes The Way Businesses Get Their Investors
As businesses step into the new decade, business owners and compliance managers are focusing on the risks of identity theft, AML, and ATF regulations, and preventing the misuse of ecosystems (financial and otherwise) for non-compliant activities and regimes. This primarily brings attention to the start-point of business operations – customers. This focal point changes its […]
10 Identity Checks That You Must Conduct To Verify The True Identity of A Recruit
When businesses expand their operations, it is essential to get extra help to get more things done. Hiring qualified resources for the job is one of the many ways to do it. However, not all people that are applying for your jobs have the best interests in mind. Social engineering is now finding its way […]
