The need for robust verification processes has become paramount in today’s dynamic business landscape, where transactions occur seamlessly across borders and industries. Enterprises of all sizes must engage with legitimate entities to mitigate risks, prevent fraudulent activities, and build trust. This is where the concept of business verification comes into play, with its cornerstone being the “Know Your Business” (KYB) framework. Understanding Business Verification and KYB Establishing the authenticity, legitimacy,…
