Financial crimes, such as money laundering, fraud, and terrorist financing, are a pervasive problem worldwide. Fraud alone costs organizations approximately 5% of annual revenues, draining billions from the global economy each year. Effective business verification significantly improves risk management, acting as a first line of defense against financial crimes. The process involves analyzing and validating […] The post The Business Verification Services Dilemma: How Data Gaps May Fuel Financial Crime appeared first on Markaaz.

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