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Understanding OKYC

Understanding OKYC

In recent years, the digital revolution has transformed the banking sector globally. One such change...

10 MIN READ
Background Verification after joining: 3 disadvantages & solutions

Background Verification after joining: 3 disadvantages & solutions

Background verification after joining has 3 fold disadvantages. Let’s look at what they are and...

4 MIN READ
What is re KYC? Meaning, RBI guidelines and process

What is re KYC? Meaning, RBI guidelines and process

Has your bank ever asked you to undergo a re KYC? Buying a new house...

5 MIN READ
Drug test for job: What employers need to know

Drug test for job: What employers need to know

The United Nations Drug Report in 2011 pronounced India as the biggest consumer of heroin...

5 MIN READ
Police Verification for job: What employers need to know

Police Verification for job: What employers need to know

Recently, Economic Times recently reported that Anthony, an Ex-HR manager of two pvt. firms, was...

4 MIN READ
3 things you must know about ‘dual employment’ in India

3 things you must know about ‘dual employment’ in India

Two-timing. Whether the receiver’s a romantic partner or an employer, the phrase just doesn’t bode...

5 MIN READ
KYC for High Risk Customers

KYC for High Risk Customers

Introduction Welcome to the world of KYC, or Know Your Customer, a vital component in...

10 MIN READ
KYC for Medium Risk Customers: A Comprehensive Guide

KYC for Medium Risk Customers: A Comprehensive Guide

Understanding KYC for Medium-Risk Customers In the dynamic world of finance, the concept of Know...

10 MIN READ
ID Verification: How Businesses Are Making Sure You’re Really You

ID Verification: How Businesses Are Making Sure You’re Really You

In the digital era, verifying one's identity has become a cornerstone of online security and...

9 MIN READ
The Ultimate Guide to Checking Your Aadhaar-PAN Link Status

The Ultimate Guide to Checking Your Aadhaar-PAN Link Status

What is Aadhaar-Pan Linkage? In the dynamic landscape of Indian financial regulations, linking your Aadhaar...

9 MIN READ
Fortifying Financial Security: Everything you need to know about the BSP’s KYC Guidelines in the Philippines

Fortifying Financial Security: Everything you need to know about the BSP’s KYC Guidelines in the Philippines

In the rapidly advancing world of finance, the Know Your Customer (KYC) process serves as...

6 MIN READ
MSME Verification: How business’s can verify MSME’s

MSME Verification: How business’s can verify MSME’s

What is an MSME? MSMEs, or Micro, Small, and Medium Enterprises, are like the unsung...

12 MIN READ
Fintech in the Philippines – 2023 review

Fintech in the Philippines – 2023 review

In 2023, the Fintech landscape in the Philippines has seen unprecedented growth and has revolutionized...

7 MIN READ
A lot’s happening over coffee badging!

A lot’s happening over coffee badging!

Generally, this time of the year is slow across offices around the world, with shorter...

3 MIN READ
Complete guide to GST Verification

Complete guide to GST Verification

What is GST Verification? Goods and Services Tax (GST) is an indirect tax used in...

4 MIN READ
The Significance of UPI Verification for Businesses

The Significance of UPI Verification for Businesses

In the quickly developing world of digital payments, the Unified Payments Interface (UPI) has changed...

9 MIN READ
Understanding Vendor Screening in a Connected World

Understanding Vendor Screening in a Connected World

Introduction a. Definition of Vendor Screening: Vendor screening is a crucial procedure that involves meticulously...

11 MIN READ
A Comprehensive Guide to Legal History Verification

A Comprehensive Guide to Legal History Verification

Introduction: Legal History Verification stands as a pivotal process in various sectors, from employment to...

12 MIN READ
A Comprehensive Guide to Credit History Check

A Comprehensive Guide to Credit History Check

Understanding Credit History Credit history check is a critical aspect of financial health, reflecting one’s...

16 MIN READ
Protecting Your Digital World: How to Prevent IP Fraud with IDfy

Protecting Your Digital World: How to Prevent IP Fraud with IDfy

In a world that thrives on the constant exchange of data and information, there's a...

11 MIN READ
Effortless FLDG Guidelines: The IDfy Advantage

Effortless FLDG Guidelines: The IDfy Advantage

Financial transactions have always been the lifeblood of the global economy. They fuel commerce, empower...

10 MIN READ
Unmasking Merchant Frauds: How IDfy Safeguards Your Transactions

Unmasking Merchant Frauds: How IDfy Safeguards Your Transactions

Imagine waking up to an empty bank account – the chilling reality of merchant fraud....

12 MIN READ
WhatsApp Banking: The Future of Finance Powered by IDfy

WhatsApp Banking: The Future of Finance Powered by IDfy

The world of banking is undergoing a seismic transformation, and at the heart of this...

11 MIN READ
Defending Networks in the Digital Age: A Look at IDfy’s IP Spoofing Protection

Defending Networks in the Digital Age: A Look at IDfy’s IP Spoofing Protection

In an interconnected world where digital communication and data exchange have become integral to our...

10 MIN READ
Merchant Verification in Chennai: Ensuring Trust and Security in Business Transactions

Merchant Verification in Chennai: Ensuring Trust and Security in Business Transactions

The sprawling city of Chennai pulsates with commerce, offering a multitude of opportunities for businesses...

8 MIN READ
Ensuring Trustworthiness: Merchant Verification Services in Pune

Ensuring Trustworthiness: Merchant Verification Services in Pune

In the bustling city of Pune, where commerce thrives and local businesses form the backbone...

9 MIN READ
The Significance of Merchant Verification in Bangalore: A Closer Look at IDfy and Other Local Solutions

The Significance of Merchant Verification in Bangalore: A Closer Look at IDfy and Other Local Solutions

In the bustling city of Bangalore, where startups and businesses thrive, the need for robust...

10 MIN READ
Streamlining Business Onboarding: The Role of Merchant Verification Companies in Mumbai

Streamlining Business Onboarding: The Role of Merchant Verification Companies in Mumbai

In the bustling metropolis of Mumbai, businesses thrive and evolve at a rapid pace. With...

8 MIN READ
Merchant Verification in India 2023: Securing E-commerce Excellence

Merchant Verification in India 2023: Securing E-commerce Excellence

The advent of the digital era has catalyzed a remarkable transformation in the way businesses...

8 MIN READ
IndusInd WhatsApp Banking: The Ultimate Guide to Modern Banking

IndusInd WhatsApp Banking: The Ultimate Guide to Modern Banking

In the fast-paced, ever-evolving landscape of modern banking, convenience and accessibility have become paramount. Imagine...

9 MIN READ
Top AML Solution Providers in India

Top AML Solution Providers in India

Introduction In the labyrinthine world of finance, where fortunes are made and lost in the...

10 MIN READ
Online Gaming Fraud: Outsmarting Scammers

Online Gaming Fraud: Outsmarting Scammers

In the vast and immersive world of online gaming, there's a thrilling adventure waiting around...

14 MIN READ
The Critical Importance of KYC in Banking

The Critical Importance of KYC in Banking

Introduction In the ever-evolving landscape of the banking industry, one acronym has become synonymous with...

11 MIN READ
What Is Document Verification: A complete guide

What Is Document Verification: A complete guide

In an era dominated by digital interactions and remote transactions, the need for robust and...

10 MIN READ
Exploring Various Types of Identity Theft

Exploring Various Types of Identity Theft

Introduction In an era where our lives are increasingly entwined with the digital realm, the...

13 MIN READ
Types of Employee Fraud & How to Prevent Them

Types of Employee Fraud & How to Prevent Them

Introduction Employee fraud, a clandestine adversary lurking within organizations, poses a significant threat to businesses...

11 MIN READ
Identity Theft Examples : Eye-Opening Instances

Identity Theft Examples : Eye-Opening Instances

Introduction In a world where our lives are increasingly entwined with the digital realm, the...

12 MIN READ
Mastering User Onboarding: Best Practices

Mastering User Onboarding: Best Practices

Introduction: Setting the Stage for Success Picture this: You've developed an innovative product or service...

15 MIN READ
Optimizing Vendor Onboarding Process

Optimizing Vendor Onboarding Process

Introduction: Setting the Stage for Efficiency Welcome to the world of vendor onboarding, a crucial...

13 MIN READ
Pre-Employment Screening Demystified

Pre-Employment Screening Demystified

In today's competitive job market, hiring the right talent is crucial for an organization's success....

11 MIN READ
Battle Against Insurance Frauds in India

Battle Against Insurance Frauds in India

Insurance fraud, a deceptive practice aimed at exploiting the insurance system for personal gain, is...

12 MIN READ
Unlocking Potential with Digital Onboarding

Unlocking Potential with Digital Onboarding

In a world marked by technological advancement and a relentless pursuit of efficiency, it's no...

12 MIN READ
Unmasking Corporate Frauds in India

Unmasking Corporate Frauds in India

Introduction Corporate fraud, a menacing threat to India's business landscape, has the potential to wreak...

11 MIN READ
Mastering Merchant Onboarding: Best Practices

Mastering Merchant Onboarding: Best Practices

In the bustling world of commerce, merchants play a pivotal role. Whether you're a small...

12 MIN READ
Identity Theft in Cyberspace: Are You Protected?

Identity Theft in Cyberspace: Are You Protected?

In an increasingly interconnected world, where our lives are conducted, managed, and shared online, the...

12 MIN READ
Inside the Rise of Bank Fraud in India

Inside the Rise of Bank Fraud in India

Definition of Bank Fraud Bank  Fraud refers to the deliberate and unlawful act of using...

11 MIN READ
Cyber Frauds in India: A Comprehensive Guide

Cyber Frauds in India: A Comprehensive Guide

In an era where technology reigns supreme, the digital landscape of India has witnessed remarkable...

13 MIN READ
Financial Frauds in India: How to Stay Ahead in Securing the Future

Financial Frauds in India: How to Stay Ahead in Securing the Future

The environment for financial security in India is both attractive and dangerous in the age...

12 MIN READ
BGV Verification: A Crucial Step in Hiring the Right Candidates

BGV Verification: A Crucial Step in Hiring the Right Candidates

Finding the ideal candidate for a job can seem like looking for a needle in...

12 MIN READ
Aadhaar eKYC Process: A Comprehensive Guide to Seamless Verification

Aadhaar eKYC Process: A Comprehensive Guide to Seamless Verification

The Aadhaar eKYC procedure stands out as a beacon of development in India's identity verification...

12 MIN READ
Identity Theft Cyber Crime: The Silent Threat of the Digital Age

Identity Theft Cyber Crime: The Silent Threat of the Digital Age

The ease and benefits provided by the digital age have been accompanied by an ominous...

14 MIN READ
Employee Background Verification: Hire With Confidence

Employee Background Verification: Hire With Confidence

Making sensible recruiting selections is essential for the success and security of any firm in...

12 MIN READ
Screening Process 101: A Step-by-Step Breakdown

Screening Process 101: A Step-by-Step Breakdown

Knowing the ins and outs of the screening process is essential for success in the...

13 MIN READ
Customer Onboarding: Revolutionizing it in the Digital Age

Customer Onboarding: Revolutionizing it in the Digital Age

Customer onboarding has become a key idea in the quickly changing business and technological world....

13 MIN READ
Frauds in India: A Comprehensive Overview of Financial frauds

Frauds in India: A Comprehensive Overview of Financial frauds

An alarming tendency that is neither specific to one region or to a small number...

14 MIN READ
Types of Frauds in Bank: Deep Dive into Financial Safety

Types of Frauds in Bank: Deep Dive into Financial Safety

Understanding the various types of bank frauds is not only a matter of financial literacy...

12 MIN READ
Blue Collar Crime: Breaking it Down with Types and Examples

Blue Collar Crime: Breaking it Down with Types and Examples

In the intricate tapestry of criminal activity, one term often lurks in the shadows, overshadowed...

12 MIN READ
Criminal Record Checks Online: Your Path to a Safer Future

Criminal Record Checks Online: Your Path to a Safer Future

The search for a safer future is now easier than ever to pursue in a...

12 MIN READ
Uncovering India’s Top 10 Banking Frauds

Uncovering India’s Top 10 Banking Frauds

The country's financial industry has been stunned by a number of high-profile banking frauds that...

11 MIN READ
ID Check Technologies: Innovations and Trends

ID Check Technologies: Innovations and Trends

Verifying identities and protecting them are crucial in today's increasingly digital and linked world. The...

11 MIN READ
Fraud Detection and Prevention: Key Strategies for 2023

Fraud Detection and Prevention: Key Strategies for 2023

The fight against fraud has grown more important than ever before in an ever-changing digital...

13 MIN READ
KYC Online Verification: A Crucial Component of Compliance

KYC Online Verification: A Crucial Component of Compliance

Compliance has assumed a central role in the fast-paced and increasingly digital world of today,...

13 MIN READ
Background Verification Companies in Mumbai

Background Verification Companies in Mumbai

In a world where trust is the cornerstone of every relationship, and authenticity is the...

9 MIN READ
Background Verification Companies in Chennai

Background Verification Companies in Chennai

In a world where trust is the foundation upon which relationships are built, and authenticity...

9 MIN READ
The Best Background Verification Companies in Noida

The Best Background Verification Companies in Noida

In a world where trust is the currency of every relationship and authenticity serves as...

8 MIN READ
Prominent Background Verification Companies in Pune

Prominent Background Verification Companies in Pune

In a world where trust is the cornerstone of all relationships, and authenticity is the...

9 MIN READ
Premier Background Verification Companies in Delhi

Premier Background Verification Companies in Delhi

Imagine a world where trust is an invaluable commodity, earned through diligence and honesty. In...

8 MIN READ
Prominent Background Verification Companies in Hyderabad

Prominent Background Verification Companies in Hyderabad

Imagine a world where trust isn't handed out freely; it's something that's built over time....

9 MIN READ
Top Background Verification Companies in Kerala

Top Background Verification Companies in Kerala

In a world where trust is earned, not given, and authenticity is the currency of...

8 MIN READ
Decoding India’s Digital Future: Exploring the DPDP Bill

Decoding India’s Digital Future: Exploring the DPDP Bill

Background and Need for the Bill In recent years, India has witnessed a rapid surge...

12 MIN READ
Building Trust: IDfy Services and Background Verification

Building Trust: IDfy Services and Background Verification

In today's rapidly evolving business landscape, trust remains the cornerstone of successful organizations. The ability...

5 MIN READ
Background Screening: Mitigating Risks with IDfy Services

Background Screening: Mitigating Risks with IDfy Services

In today's fast-paced and competitive business landscape, hiring the right talent is crucial for an...

5 MIN READ
IDfy Services: Safeguarding Against Bank Frauds in India

IDfy Services: Safeguarding Against Bank Frauds in India

In today's digital age, where financial transactions are predominantly conducted online, the rise of bank...

6 MIN READ
Employer’s Guide to Background Verification

Employer’s Guide to Background Verification

Hiring the right candidate is crucial for the success and growth of any organization. To...

6 MIN READ
Streamlining Marksheet Verification with Technology

Streamlining Marksheet Verification with Technology

In today's fast-paced digital world, technological advancements have permeated every aspect of our lives. Education,...

6 MIN READ
KYC Solution: From Manual to Digital

KYC Solution: From Manual to Digital

KYC (Know Your Customer) checks have always been crucial in the financial industry, serving as...

6 MIN READ
Unmasking Identity Theft: Navigating Social Media Risks

Unmasking Identity Theft: Navigating Social Media Risks

Welcome to the digital era, where social media has become an integral part of our...

6 MIN READ
IDfy revolutionalizes KYC through AI-powered Chatbot with Jio Haptik: Know how!

IDfy revolutionalizes KYC through AI-powered Chatbot with Jio Haptik: Know how!

Did you know that the average working professional in India is bombarded with 9 KYCs...

5 MIN READ
Online Employment Verification for Streamlined Hiring

Online Employment Verification for Streamlined Hiring

In the modern digital age, conducting employment verification checks has become an integral part of...

6 MIN READ
A Comprehensive Guide: How to Verify Education Credentials

A Comprehensive Guide: How to Verify Education Credentials

When it comes to hiring the right candidates, verifying their education credentials is crucial. HR...

8 MIN READ
Key Factors for Effective Tenant Background Checks

Key Factors for Effective Tenant Background Checks

As a landlord, finding reliable and trustworthy tenants is essential for maintaining a successful rental...

7 MIN READ
The Future of eKYC Solutions: Trends and Innovations

The Future of eKYC Solutions: Trends and Innovations

In an increasingly digital world, businesses and organizations are constantly seeking ways to streamline processes,...

10 MIN READ
Understanding the Importance of EDD in KYC Processes

Understanding the Importance of EDD in KYC Processes

When it comes to ensuring regulatory compliance and safeguarding against financial crimes, businesses cannot afford...

8 MIN READ
Face Compare API: AI Identity Verification & Fraud Prevention

Face Compare API: AI Identity Verification & Fraud Prevention

In an increasingly digital world, businesses face the challenge of ensuring secure and reliable user...

10 MIN READ
Steps to Pre-Onboarding: Make Your New Hires Feel at Home!

Steps to Pre-Onboarding: Make Your New Hires Feel at Home!

Hey there! Welcome to our blog, where we're going to dive deep into the world...

5 MIN READ
The ultimate background verification checklist: All you need to Know

The ultimate background verification checklist: All you need to Know

In today's competitive business landscape, organizations understand the significance of making informed hiring decisions to...

6 MIN READ
Unleashing the power of Remote Document Verification

Unleashing the power of Remote Document Verification

Introduction: In today's digital era, remote work and remote onboarding have become the new norm....

4 MIN READ
Enhancing Financial Security with VIPV KYC

Enhancing Financial Security with VIPV KYC

In today's digital age, financial security has become a paramount concern for businesses and individuals...

8 MIN READ
Future of Onboarding Checks: Trends and Bold Predictions

Future of Onboarding Checks: Trends and Bold Predictions

Introduction: Welcome to the future of onboarding checks! In this blog post, we will explore...

8 MIN READ
The Importance of Trainee Verification in NCVT MIS

The Importance of Trainee Verification in NCVT MIS

In today's rapidly evolving business landscape, the need to onboard skilled blue-collar workers efficiently and...

4 MIN READ
UAN Verification: Streamlining Employee Onboarding

UAN Verification: Streamlining Employee Onboarding

Welcome to our blog post on UAN verification and its role in streamlining employee onboarding....

6 MIN READ
Power of Profile Checks: Online Security and Trustworthiness

Power of Profile Checks: Online Security and Trustworthiness

Introduction: Welcome to our blog post on how profile checks enhance online security and trustworthiness....

4 MIN READ
Streamlined Drivers License Checks with IDfy

Streamlined Drivers License Checks with IDfy

Introduction In today's fast-paced world, ensuring road safety is paramount. Proper verification of driving licenses...

4 MIN READ
Streamlining Document Verification for KYC Requirements

Streamlining Document Verification for KYC Requirements

Document verification plays a crucial role in Know Your Customer (KYC) processes, helping businesses establish...

4 MIN READ
The Significance of Reliable AML Checks for Business Compliance

The Significance of Reliable AML Checks for Business Compliance

In today's interconnected world, financial crimes pose a significant threat to businesses and society at...

3 MIN READ
Financial Cyber Frauds in India: Scams and Solutions

Financial Cyber Frauds in India: Scams and Solutions

In today's digital age, financial cyber frauds have become a menacing threat, plaguing individuals and...

4 MIN READ
The Future of eKYC: Blockchain Identity Verification

The Future of eKYC: Blockchain Identity Verification

In the ever-evolving landscape of digital identity verification, eKYC solutions have become a cornerstone for...

7 MIN READ
Fraud Prevention in India: Safeguarding with IDfy’s Solutions

Fraud Prevention in India: Safeguarding with IDfy’s Solutions

Fraud prevention is of paramount importance in India's financial landscape. With the increasing sophistication of...

4 MIN READ
Enhancing Fraud Verification with Machine Learning

Enhancing Fraud Verification with Machine Learning

Welcome to our blog post on the transformative role of machine learning in fraud verification....

3 MIN READ
The Tech Revolution: Streamlining Education Credential Verification

The Tech Revolution: Streamlining Education Credential Verification

Welcome to the Tech Revolution! Today, we embark on a fascinating journey exploring the role...

3 MIN READ
Difference in BGV process: White collar vs Blue collar

Difference in BGV process: White collar vs Blue collar

Every organization wants to make the right choices and BGV is necessary for every step...

7 MIN READ
Pros and Cons of Different PAN Verification Methods: Which One to Choose?

Pros and Cons of Different PAN Verification Methods: Which One to Choose?

When it comes to PAN (Permanent Account Number) verification, there is no shortage of methods...

5 MIN READ
The Impact of PAN Verification on Fraud Prevention in Business Transactions

The Impact of PAN Verification on Fraud Prevention in Business Transactions

Fraud has become an ever-present threat in today's business landscape. As companies strive to safeguard...

4 MIN READ
No such thing as an honest CV!

No such thing as an honest CV!

Last month I spent considerable time interviewing candidates for a few open positions in our...

4 MIN READ
How the Passport Verification API is Revolutionizing Identity Verification

How the Passport Verification API is Revolutionizing Identity Verification

In today's digital world, where online transactions and interactions are the norm, ensuring trust and...

5 MIN READ
How to Choose the Right KYC Solution Provider for Your Business

How to Choose the Right KYC Solution Provider for Your Business

Do you want to ensure trust and compliance while streamlining your customer onboarding process? Look...

6 MIN READ
From Risk to Reliability: The Power of Background Verifications in Banking

From Risk to Reliability: The Power of Background Verifications in Banking

Introduction  The banking industry is a critical pillar of the economy, with over 70% of...

3 MIN READ
The digital guardian: How esign verification prevents fraud in the modern era

The digital guardian: How esign verification prevents fraud in the modern era

Welcome to the digital age, where convenience thrives but not without risks. As our lives...

5 MIN READ
Features and Capabilities of Driving License Number Check APIs

Features and Capabilities of Driving License Number Check APIs

When it comes to identity verification and compliance, driving license number checks play a crucial...

7 MIN READ
A Comprehensive Guide to PAN Card Online Verification: Everything You Need to Know

A Comprehensive Guide to PAN Card Online Verification: Everything You Need to Know

In a world where digital interactions are the norm, businesses are constantly on the lookout...

11 MIN READ
Udyog Aadhaar Online Verification: Empowering Entrepreneurs in India

Udyog Aadhaar Online Verification: Empowering Entrepreneurs in India

In today's digital age, entrepreneurs in India face numerous challenges when it comes to setting...

6 MIN READ
The Digital Identity Revolution: Demystifying eKYC in Banking

The Digital Identity Revolution: Demystifying eKYC in Banking

In today's rapidly evolving digital landscape, technology continues to reshape various industries, and banking is...

16 MIN READ
Your cheat sheet to the 28th April RBI Master Directives

Your cheat sheet to the 28th April RBI Master Directives

Ever since the RBI amended the KYC master directives (28th April and 4th May), clients...

7 MIN READ
The Role of Due Diligence process in Risk Management and Mitigation

The Role of Due Diligence process in Risk Management and Mitigation

In the ever-evolving landscape of the financial sector, the importance of risk management and mitigation...

16 MIN READ
AML Challenges and Solutions in the Insurance Industry

AML Challenges and Solutions in the Insurance Industry

The integration of Anti-Money Laundering (AML) strategies is pivotal in ensuring the integrity and reputation...

16 MIN READ
Effective Strategies to Detect and Prevent Money Laundering

Effective Strategies to Detect and Prevent Money Laundering

Money laundering poses a significant threat to the global financial system, enabling criminals to legitimize...

16 MIN READ
AML Compliance Best Practices: Tips for Financial Institutions

AML Compliance Best Practices: Tips for Financial Institutions

Money laundering, a clandestine dance between legality and criminality, shadows the sanctity of global financial...

16 MIN READ
How to Develop an Effective AML Process for Your Organization

How to Develop an Effective AML Process for Your Organization

In today's complex financial landscape, organizations face the increasing challenge of combating money laundering and...

17 MIN READ
Employee verification agency for banks

Employee verification agency for banks

In the high-stakes realm of banking, where a single misstep can lead to monumental repercussions,...

11 MIN READ
Employment fraud you must watch out for

Employment fraud you must watch out for

The year 2022 witnessed significant changes in the way we work, as companies adjusted to...

16 MIN READ
The Importance of Online GST Verification for Business Transactions

The Importance of Online GST Verification for Business Transactions

Definition of GST Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax levied...

11 MIN READ
Streamlining KYB Onboarding: Best Practices for Efficient Customer Verification

Streamlining KYB Onboarding: Best Practices for Efficient Customer Verification

In today's regulatory landscape, Know Your Business (KYB) onboarding plays a critical role in ensuring...

15 MIN READ
Importance of Anti Money Laundering for Businesses

Importance of Anti Money Laundering for Businesses

As the global economy continues to expand, so do the opportunities for financial crime. Money...

17 MIN READ
The Deep Connection: How Identity Theft and Phishing Are Related

The Deep Connection: How Identity Theft and Phishing Are Related

In recent news, scammers in the Haryana-Rajasthan border villages are trying to get personal details...

9 MIN READ
Protecting Your Digital World: Unveiling the Different Types of Identity Theft

Protecting Your Digital World: Unveiling the Different Types of Identity Theft

Identity theft is a form of fraud where an individual’s personal information is accessed, used,...

11 MIN READ
Unmasking the Most Common Types of Employee Fraud

Unmasking the Most Common Types of Employee Fraud

Understanding Employee Fraud: A. Definition: Employee fraud refers to dishonest activities or deceptions committed by...

11 MIN READ
How Penny Drop Verification is Revolutionizing Financial Transactions

How Penny Drop Verification is Revolutionizing Financial Transactions

In an era where online fraud is a major concern, ensuring the authenticity of financial...

11 MIN READ
What is the difference between CDD and EDD?

What is the difference between CDD and EDD?

Introduction A. Definition of Customer Due Diligence (CDD) Customer Due Diligence (CDD) is a process...

11 MIN READ
How to Interpret Red Amber Green Results in BGV

How to Interpret Red Amber Green Results in BGV

Background Verification (BGV) is a comprehensive review conducted by employers or hiring agencies to verify...

10 MIN READ
What is Enhanced Due Diligence?

What is Enhanced Due Diligence?

In today's global financial landscape, financial institutions and other regulated entities are required to adhere...

11 MIN READ
Online driving license check in the Logistics business

Online driving license check in the Logistics business

The Logistics industry in India is growing at a phenomenal rate. According to the World...

12 MIN READ
When to Reverify Your Employees? A Guide for Employers

When to Reverify Your Employees? A Guide for Employers

As an HR professional, you know that background checks are essential for ensuring the safety...

11 MIN READ
Aadhaar eSign: The Future of Secure and Convenient Transactions

Aadhaar eSign: The Future of Secure and Convenient Transactions

With technological advancements, more and more processes are being digitized, and the financial industry is...

11 MIN READ
Navigating KYC Process Flow: A Blueprint for Building Trust and Security

Navigating KYC Process Flow: A Blueprint for Building Trust and Security

The KYC process flow, or the Know Your Customer process, is an important aspect of...

14 MIN READ
Beyond KYC: Why Customer Due Diligence Is Critical for Your Financial Institution

Beyond KYC: Why Customer Due Diligence Is Critical for Your Financial Institution

Do you too feel that the need for secure and trustworthy financial transactions has become...

14 MIN READ
Anatomy of money laundering – Three stages of money laundering

Anatomy of money laundering – Three stages of money laundering

Money laundering is a criminal activity that has plagued the financial industry for centuries. It...

11 MIN READ
Employment Verification Companies: How to Choose the Best One for Your Business

Employment Verification Companies: How to Choose the Best One for Your Business

Imagine discovering months into a new hire's tenure that the impressive resume which set them...

10 MIN READ
How Online PAN Verification Can Safeguard Your Business Against Identity Theft and Fraud

How Online PAN Verification Can Safeguard Your Business Against Identity Theft and Fraud

Are you concerned about the security risks of onboarding new customers, employees, or merchants? Identity...

8 MIN READ
KYC and Anti-Money Laundering (AML): Understanding the Relation

KYC and Anti-Money Laundering (AML): Understanding the Relation

The Rising Relevance of KYC and AML In today's rapidly globalizing world, with vast amounts...

10 MIN READ
The Importance of Police Clearance Certificate (PCC) in Maharashtra

The Importance of Police Clearance Certificate (PCC) in Maharashtra

Are you planning to move to Maharashtra, India, for work or other reasons? Then you...

11 MIN READ
Difference between KYC and eKYC – A Comprehensive Guide

Difference between KYC and eKYC – A Comprehensive Guide

Understanding KYC (Know Your Customer) KYC, which stands for "Know Your Customer", is a standard...

12 MIN READ
Digital onboarding

Digital onboarding

In the last five years, India has experienced an explosion in the number of innovative...

9 MIN READ
Digital KYC verification

Digital KYC verification

Introduction A. Definition of Digital KYC Verification Digital KYC (Know Your Customer) Verification is the...

15 MIN READ
What is an Education check?

What is an Education check?

Understanding Education Verification 1.1 Definition Education verification is the process of validating the educational credentials...

12 MIN READ
Exploring Know Your Business

Exploring Know Your Business

What is KYB? "Know Your Business" (KYB) is a due diligence process that companies and...

11 MIN READ
All you must know about face liveness detection

All you must know about face liveness detection

What is face liveness detection? Every time a business onboards a user via an automated...

4 MIN READ
Outplacement – The new buzzword of 2023 is here

Outplacement – The new buzzword of 2023 is here

Thank you for the overwhelming response to my last email on how HR professionals deal...

5 MIN READ
When the deceased borrows from a bank

When the deceased borrows from a bank

“Dead man walks into a bank and withdraws Rs 1.3 crore”. Sounds ludicrous, doesn’t it?...

7 MIN READ
Downsizing – through the looking glass

Downsizing – through the looking glass

Last month I was at the SHRM Annual Conference in Delhi, much like a lot...

4 MIN READ
We know what Neeraj did last summer

We know what Neeraj did last summer

Private jets, lavish parties, and hobnobbing with political bigwigs might sound like a flogged horse...

5 MIN READ
What is a background check and why it is done?

What is a background check and why it is done?

Someone once told me that people are like cabbages. They have many layers. But in...

5 MIN READ
RBI’s Master Direction on V-CIP (Video KYC)

RBI’s Master Direction on V-CIP (Video KYC)

What is Video KYC as per RBI? Video-based Customer Identification Process (V-CIP) is a method...

6 MIN READ
Leading Background Verification Companies in Bangalore

Leading Background Verification Companies in Bangalore

In a world where trust is the cornerstone of all relationships and authenticity is the...

8 MIN READ
HR onboarding process: The document collection angle

HR onboarding process: The document collection angle

How did you feel about the document submission process when you first joined your company?...

3 MIN READ
All you must know about a Video KYC Process

All you must know about a Video KYC Process

What is Video KYC? Video KYC (Know Your Customer) is the digital version of the...

8 MIN READ
IRDAI Regulations for KYC in the Insurance sector, 2022

IRDAI Regulations for KYC in the Insurance sector, 2022

The need for New IRDAI Regulations for KYC & AML Banking and capital market players...

9 MIN READ
How to choose a partner for DigiLocker KYC

How to choose a partner for DigiLocker KYC

All important documents anywhere, anytime! Yes, that’s what DigiLocker is all about. It’s a safe...

4 MIN READ
Confessions of Moonlighters, Quiet Quitters and Great Resigners

Confessions of Moonlighters, Quiet Quitters and Great Resigners

If you haven’t been living under a rock for the last few weeks, chances are...

4 MIN READ
Latest SEBI KYC guidelines for Capital market in India, 2022

Latest SEBI KYC guidelines for Capital market in India, 2022

If you have tried setting up an account with online trading applications like Groww, Upstox,...

5 MIN READ
All about Moonlighting- Meaning, Prevention, & Policy

All about Moonlighting- Meaning, Prevention, & Policy

What is moonlighting? Moonlighting refers to the practice of holding a second job outside of...

8 MIN READ
What is a politically exposed person? | PEP screening

What is a politically exposed person? | PEP screening

PEPs (or politically exposed persons) are individuals in high-profile roles in the government, an organization,...

8 MIN READ
BGV – your new roommate from heaven

BGV – your new roommate from heaven

Squinting in the morning sun, I woke up and waddled my way to the kitchen....

5 MIN READ
Onboardology

Onboardology

Last weekend I was playing Jenga with my nephew. Have you ever played Jenga? Jenga...

6 MIN READ
Form 16 verification: What employers ought to know

Form 16 verification: What employers ought to know

5 out of 10 candidates lie on their resume. And, lying about previous job compensation...

3 MIN READ
New from IDfy BGV – Get your prepaid credits instantly

New from IDfy BGV – Get your prepaid credits instantly

If you can pay for your company's flight tickets via UPI, why shouldn’t payment for...

1 MIN READ
Identity verification: Top 3 digital methods

Identity verification: Top 3 digital methods

What is identity verification? Identity verification helps organisations ensures that an individual is who s/he...

5 MIN READ
The A-Z of converting black money to white (aka AML screening)

The A-Z of converting black money to white (aka AML screening)

If you have noticed a recent surge in anti-money laundering (AML) news lately, you’re not...

5 MIN READ
The roller-coaster ride of Crypto

The roller-coaster ride of Crypto

If I told you that you could make US $600,000 by selling a virtual gaming...

3 MIN READ
Document Verification Process: Traditional Vs Digital approach

Document Verification Process: Traditional Vs Digital approach

Organisations from all sectors today are competing over the same pool of employees, customers, partners,...

5 MIN READ
What documents are required for KYC? | KYC norms in India

What documents are required for KYC? | KYC norms in India

If you have ever opened a bank account, you have performed the KYC process.   KYC...

4 MIN READ
The fault in our CKYC stars

The fault in our CKYC stars

A few weeks ago, I applied to open a savings account at a private bank....

4 MIN READ
A pineapple on pizza moment in BGV for HRs

A pineapple on pizza moment in BGV for HRs

How does ‘pineapple on pizza’ sound to you? Weird or great? I felt something similar...

4 MIN READ
Oops – my green case just turned red – Infinity checks

Oops – my green case just turned red – Infinity checks

Imagine a normal Monday morning. A mug of coffee on your desk as you prepare...

4 MIN READ
The Unfunny Side of fake photos

The Unfunny Side of fake photos

We have news for you. Fake photos sure make a good meme, but not everybody...

2 MIN READ
Was your pan card stolen? Here’re 5 ways thieves can misuse it

Was your pan card stolen? Here’re 5 ways thieves can misuse it

A quick look at some crimes that have been committed using stolen PAN cards. Sep...

3 MIN READ
e KYC Aadhaar Authentications by RBI Regulated Entities

e KYC Aadhaar Authentications by RBI Regulated Entities

It's imperative for the RBI and UIDAI to frame policy and back it with technology...

7 MIN READ
The Great KYC Challenge

The Great KYC Challenge

RBI needs to embrace technology that makes e-KYC safer and more secure while giving a...

3 MIN READ
Supreme Court’s Aadhaar verdict and what it means for private companies

Supreme Court’s Aadhaar verdict and what it means for private companies

Here's what the Supreme Court's Aadhaar Verdict means for Private companies. Organizations that embrace technology...

2 MIN READ
Aadhaar paperless e KYC is a Necessity

Aadhaar paperless e KYC is a Necessity

Aadhaar paperless e-KYC is a necessity and there is no debating that! In today’s world,...

6 MIN READ
Use of Aadhaar authentication by Private Parties

Use of Aadhaar authentication by Private Parties

Section 57 of the Aadhaar Act allowed private parties to authenticate the identity of customers...

1 MIN READ
The Impact of Aadhaar KYC on Indian Industry

The Impact of Aadhaar KYC on Indian Industry

The Supreme Court verdict on the use of Aadhaar KYC by private enterprises has affected...

5 MIN READ
How to check candidate background with the right approach

How to check candidate background with the right approach

Here are stories of some big companies like JPMorgan Chase, Uber, etc. paying a heavy...

8 MIN READ
Keep Calm and Fight Fraud

Keep Calm and Fight Fraud

Four Amazing Videos about Fraud and Fighting Fraud At IDfy, our aim is to help...

6 MIN READ
Fintech Companies Looking for Digital KYC Solutions

Fintech Companies Looking for Digital KYC Solutions

An Economic Times article on how fintechs are looking for digital KYC solutions that do...

1 MIN READ
Analyzing the Aadhaar (Aadhar) eKYC Bill

Analyzing the Aadhaar (Aadhar) eKYC Bill

Essentially, the Bill clears the way for Aadhaar e-KYC, Aadhaar offline KYC, and KYC through...

1 MIN READ
Five Shocking Stories that are identity theft examples

Five Shocking Stories that are identity theft examples

Oct 15, 2018 • 8 min read Identity theft or misrepresentation is the most common method of...

10 MIN READ
Digilocker’s long road to overnight success

Digilocker’s long road to overnight success

A few weeks ago, I logged on to a portal to check my credit rating....

5 MIN READ
Data Localization: Why the RBI isn’t listening to ‘Mirroring’ arguement

Data Localization: Why the RBI isn’t listening to ‘Mirroring’ arguement

OK, so the RBI wants data localization so they can seize / inspect records /...

8 MIN READ
Why the UIDAI’s Aadhaar QR code based authentication will not work

Why the UIDAI’s Aadhaar QR code based authentication will not work

With Aadhaar-data unavailable to fintech, banks, insurers, telcos, and other private enterprises after the recent...

2 MIN READ
Will the new offline KYC rules really ease Fintech’s pain?

Will the new offline KYC rules really ease Fintech’s pain?

Unlikely! While the Economic Times article on the subject strikes an optimistic tone, it's unlikely that...

2 MIN READ
RBI’s new KYC Master Directives in 6 Bullet Points

RBI’s new KYC Master Directives in 6 Bullet Points

The RBI released its new KYC Master Directives. We've read the 60-page document and distilled it down...

2 MIN READ
Kho Kho in the Rain

Kho Kho in the Rain

This was an evening when our overworked and hyper-pressured tech and product teams went out...

3 MIN READ
Revenge in Oil: Art Talk

Revenge in Oil: Art Talk

I enjoy art and I was nervous for my session but Oh Boy! I did...

3 MIN READ
Fintech companies are pushing tech boundaries for e KYC verification solutions

Fintech companies are pushing tech boundaries for e KYC verification solutions

The fintech and payments industry, including banks and non-banking financial companies (NBFCs), is considering artificial...

2 MIN READ
RBI’s ‘Regulatory Sandbox Enabling Framework’ Highlights

RBI’s ‘Regulatory Sandbox Enabling Framework’ Highlights

Last week, the RBI released the ‘Enabling Framework for Regulatory Sandbox’ (RS). Key highlights of the...

1 MIN READ
How our business moved to WFH: An Inside Account

How our business moved to WFH: An Inside Account

"Move swift as the wind and closely-formed as the wood.” ~ Art of War Sun...

4 MIN READ
Watch: HDFC Bank’s Video KYC journey

Watch: HDFC Bank’s Video KYC journey

It's now an open secret as to who HDFC Bank's Video KYC partner is. That's why...

1 MIN READ
HDFC Bank fined Rs 1 Crore for KYC violations

HDFC Bank fined Rs 1 Crore for KYC violations

The industry is realizing that Digital KYC solutions that combine realtime checks, tampering detection, face...

3 MIN READ
Rs. 1.75 Crore Penalties for KYC Violations

Rs. 1.75 Crore Penalties for KYC Violations

The RBI is getting tough for any violations on those fronts. PNB, UCO Bank, Corporation...

3 MIN READ
Two Important Lessons the PayTM Mall Fraud Saga Teaches Us

Two Important Lessons the PayTM Mall Fraud Saga Teaches Us

Fraud Detection is not a cost head that needs to be budgeted and minimized. In...

3 MIN READ
SEBI ‘Innovation Sandbox’ to Address ‘Data Access’ Issue

SEBI ‘Innovation Sandbox’ to Address ‘Data Access’ Issue

After the RBI, it is now the turn of SEBI and IRDAI to launch their...

3 MIN READ
Why it’s important to get digital documents ‘Right First Time’

Why it’s important to get digital documents ‘Right First Time’

That's exactly why we've built a SDK that helps the customer get it 'right first...

3 MIN READ
Dissecting the SEBI Circular dated Nov 5

Dissecting the SEBI Circular dated Nov 5

There was some excitement in the industry on November 5, 2019 when SEBI released a...

2 MIN READ
This will reduce customer drop-offs during Onboarding by 80%

This will reduce customer drop-offs during Onboarding by 80%

You cannot stop customers from submitting incorrect or unusable digital documents. But you can inform...

2 MIN READ
World’s Top 100 Regulatory Technology Company…Again!

World’s Top 100 Regulatory Technology Company…Again!

Yes, we've been selected...for the 2nd year in a row...in the REGTECH100, a list of...

1 MIN READ
KYC in the Times of Coronavirus

KYC in the Times of Coronavirus

KYC has seen a few digitization ups and downs over the years. The Coronavirus pandemic...

2 MIN READ
V for Video: Transformation of the Relationship Manager in bank

V for Video: Transformation of the Relationship Manager in bank

Of all things Coronavirus, the least talked about is how it has made WFH favorite...

2 MIN READ
2.5x Increase in Lead Conversions with Zero Touch Onboarding

2.5x Increase in Lead Conversions with Zero Touch Onboarding

We onboarded 45,000 delivery executives for our client in one month. We more than doubled...

4 MIN READ
How to onboard more customers using Video KYC platform

How to onboard more customers using Video KYC platform

We ran Video KYC operations on our Video KYC platform. In one month, we saw...

3 MIN READ
Video KYC Success Factors that Nobody Talks About

Video KYC Success Factors that Nobody Talks About

Since the world went into this pandemic-induced lockdown, Banks and Financial Institutions have accelerated their...

2 MIN READ
How e-commerce used technology to provide livelihood during the Pandemic

How e-commerce used technology to provide livelihood during the Pandemic

The year 2020 has not been kind. Especially to the weaker economic sections of our...

3 MIN READ
“I like to settle cash daily. Not weekly.” – Swiggy/Zomato seller

“I like to settle cash daily. Not weekly.” – Swiggy/Zomato seller

Ranjhana runs a vegetable shop in a prime location at the Juhu market. Mumbai. She...

2 MIN READ
I’ve doubled my income as Swiggy seller

I’ve doubled my income as Swiggy seller

When India went into lockdown in March 2020, Ali was suddenly left with the prospect...

2 MIN READ
How a leading PSU bank is disbursing Shishu MUDRA loans in 30 minutes

How a leading PSU bank is disbursing Shishu MUDRA loans in 30 minutes

IDfy is powering the digital customer journey at one of India’s top PSU banks. This...

4 MIN READ
“Delivering packages for e-commerce helped me survive the pandemic” – Amazon Delivery Partner

“Delivering packages for e-commerce helped me survive the pandemic” – Amazon Delivery Partner

Samir Ghosh from Kolkata signed up to be a Delivery Partner with Amazon and shares...

3 MIN READ
“I borrow only from those I know and trust” – Merchant payment

“I borrow only from those I know and trust” – Merchant payment

Deva Rao is a Kirana store owner in Jamshedpur. Deva Store has stood in this...

3 MIN READ
IDfy recognised amongst the World’s Top 100 Regulatory Technologies

IDfy recognised amongst the World’s Top 100 Regulatory Technologies

Nov 20, 2018 • 1 min read Listed in REGTECH100 as a leader in Regulatory Technologies that...

2 MIN READ
Technology Solutions for AML in banking

Technology Solutions for AML in banking

As emerging technologies are adopted in the new digital economy, banks are required to proactively...

4 MIN READ
We are the Infrastructure for all Future P2P Transactions: IDfy’s CEO

We are the Infrastructure for all Future P2P Transactions: IDfy’s CEO

Ashok Hariharan, co-founder and CEO at IDfy, believes that IDfy is building the infrastructure for...

2 MIN READ
KYC company, IDfy, and BeatRoute join hands

KYC company, IDfy, and BeatRoute join hands

IDfy, a leading Regulatory Technologies solutions provider (KYC company), and Beatroute Innovations, a mobile app...

2 MIN READ
KYC norms RBI, 2018: 4 ‘must haves’ for banks & fintechs

KYC norms RBI, 2018: 4 ‘must haves’ for banks & fintechs

Banks and Fintechs are looking for clear digital KYC norms from the RBI. Here's a...

3 MIN READ
Aadhaar ekyc XML: Why Fintechs prefer alternative KYC processes

Aadhaar ekyc XML: Why Fintechs prefer alternative KYC processes

In an article in the Economic Times, IDfy CEO Ashok Hariharan echoes the fintech industry's lack...

3 MIN READ
RBI Data Localisation Directive: Here’s all you need to know

RBI Data Localisation Directive: Here’s all you need to know

Jan 18, 2019 • 4 min read Abhishek Senthilnathan and Aaron Kamath of leading law firm Nishith Desai...

6 MIN READ
RBI regulations following foreign regulators; Citibank and more fined

RBI regulations following foreign regulators; Citibank and more fined

Complying with RBI regulations is getting real serious with global financial institutions being slapped with...

4 MIN READ
Tax for investors is unclear & Indian start-ups are affected: CNBC

Tax for investors is unclear & Indian start-ups are affected: CNBC

Speaking on CNBC Awaaz, Ashok Hariharan - CEO of IDfy - said that the lack...

1 MIN READ
IDfy launches Video KYC process to reduce cost by more than 90%: Economic Times

IDfy launches Video KYC process to reduce cost by more than 90%: Economic Times

An Economic Times article today has reported on IDfy's latest product release - the Video...

2 MIN READ
Masked Aadhaar solution: New launch at IDfy

Masked Aadhaar solution: New launch at IDfy

A report in the Technology edition of the Economic Times has reported on the recent...

1 MIN READ
Aadhaar card XML – How UIDAI’s offline verification method works

Aadhaar card XML – How UIDAI’s offline verification method works

In Aadhaar card XML, all the resident’s demographic data is downloaded by default and the...

2 MIN READ
“eSign India will change or become redundant”: Wriju Ray to Economic Times

“eSign India will change or become redundant”: Wriju Ray to Economic Times

In a report published in the Economic Times today, Wriju Ray - CBO at IDfy...

2 MIN READ
I plan to build my online e-commerce store on Shopify

I plan to build my online e-commerce store on Shopify

Ribeiro's first tryst with an e-commerce store has not been a profitable one. However, Ribeiro...

2 MIN READ
Is eSign still relevant?

Is eSign still relevant?

Digital KYC costs anywhere between Rs 10-15 per transaction. In fact, for very high volumes...

3 MIN READ
5 global examples of gaming fraud Indian companies can learn from

5 global examples of gaming fraud Indian companies can learn from

Indian Gaming companies are eyeing almost Rs 12,000 Crores by 2023. That's bigger than the...

4 MIN READ
Video KYC can help separate customer ‘identification’ and ‘authentication’: Wriju Ray to ET Prime

Video KYC can help separate customer ‘identification’ and ‘authentication’: Wriju Ray to ET Prime

The requesting entity can download the video. But how would the entity authenticate whether this...

4 MIN READ
Marksheet Verification – How You Can Avoid Hiring Fraudsters

Marksheet Verification – How You Can Avoid Hiring Fraudsters

We all love having a competitive advantage in the cut-throat job market. Many of us...

4 MIN READ
IDfy’s Machine Learning Solutions Driving Gaming in PokerBaazi, BalleBaazi, and RummyBaazi

IDfy’s Machine Learning Solutions Driving Gaming in PokerBaazi, BalleBaazi, and RummyBaazi

IDfy, a Mumbai-based company listed amongst the world’s top 100 regulation technology companies, today announced...

3 MIN READ
Access to data crucial in Regulatory Sandbox: IDfy to Economic Times

Access to data crucial in Regulatory Sandbox: IDfy to Economic Times

RBI's Regulatory Sandbox, in our opinion, is really about enabling AI in the KYC process....

2 MIN READ
A quick guide to Motor Vehicle Record check in BGV

A quick guide to Motor Vehicle Record check in BGV

Whether you’re an e-commerce, logistics, a bank, or any other sort of business, you own...

4 MIN READ
Everything HRs ought to know about reference checks in BGV

Everything HRs ought to know about reference checks in BGV

On Google, the more a result is clicked on, the higher it ranks. And while...

6 MIN READ
What you must know about background verification in MNCs

What you must know about background verification in MNCs

India: Multinational companies plan to hire more than 2,00,000 employees by the end of the...

4 MIN READ
Are API’s in BGV just a fad or the ultimate future?

Are API’s in BGV just a fad or the ultimate future?

How does ‘pineapple on pizza’ sound to you? Weird or great?  I felt something similar...

3 MIN READ
What is eKYC? Meaning and types of eKYC

What is eKYC? Meaning and types of eKYC

When financial products and offerings are already digital, verification should be, too. As a result...

7 MIN READ
What are the different types of KYC in India?

What are the different types of KYC in India?

As India's financial services sector rapidly digitizes, the need for robust Know Your Customer (KYC)...

3 MIN READ
What is the difference between KYC and AML?

What is the difference between KYC and AML?

IDfy is recognized as one of Asia's Top 5 companies in ID verification, KYC and...

9 MIN READ
What is CKYC? All you need to know about CKYC

What is CKYC? All you need to know about CKYC

Regulations have made the term "Know Your Customer" (KYC) a commonplace. All institutions in the...

5 MIN READ
11 internal fraud in banks & how to prevent them

11 internal fraud in banks & how to prevent them

Banking and Financial Services account for the largest share of internal fraud cases examined by...

7 MIN READ
Top 3 employment fraud in banks HRs must know about

Top 3 employment fraud in banks HRs must know about

You and I aren’t strangers to cases of fraudulent bank employees robbing their customers. It’s...

3 MIN READ
What is KYC and why is KYC important?

What is KYC and why is KYC important?

Knowing your customers is a significant element of the fight against money laundering and financial...

4 MIN READ
All you need to know about Buy Now Pay Later in India

All you need to know about Buy Now Pay Later in India

Buy Now Pay Later (BNPL) has gained popularity as a more convenient payment method in...

5 MIN READ
Identity Theft Fraud in BNPL: The Biggest Menace

Identity Theft Fraud in BNPL: The Biggest Menace

Dwight is right. ‘Identity theft is not a joke!' We couldn’t be more serious about...

3 MIN READ
The Intersector – Loan Fraud

The Intersector – Loan Fraud

Welcome to the 3rd edition of IDfy’s KYC & Fraud Mitigation Newsletter. Today I’d like to...

4 MIN READ
How automated RC DL checks can transform your Logistics business

How automated RC DL checks can transform your Logistics business

Introduction For India to become a USD 5$ trillion economy by 2025, the logistic sector...

4 MIN READ
The Intersector Vol. 5 – Aadhaar verification

The Intersector Vol. 5 – Aadhaar verification

Welcome to the 5th edition of my monthly newsletter. This one is about the offline...

4 MIN READ
The Intersector Vol. 2 – Identity fraud

The Intersector Vol. 2 – Identity fraud

Hi there, Have you ever been asked to show your ID card upon being delivered a...

4 MIN READ
KYC and Fraud Mitigation

KYC and Fraud Mitigation

Welcome to the 1st edition of IDfy's KYC & Fraud Mitigation Newsletter. “Beware of  third...

3 MIN READ
Intersector Vol. 4 – Money Mules

Intersector Vol. 4 – Money Mules

Welcome to the 4th edition of IDfy's KYC & Fraud Mitigation Newsletter. Let's talk about payment...

4 MIN READ
Onboardology Vol. 1 – HR newsletter

Onboardology Vol. 1 – HR newsletter

Onboardology an HR newsletter ...... because hiring is hard Hiring is tough in the best...

3 MIN READ
Delivering a 10x better candidate experience

Delivering a 10x better candidate experience

In an online survey we conducted, almost 70% of people who have recently switched jobs...

3 MIN READ
Who are money mules? | Money mule accounts

Who are money mules? | Money mule accounts

A money mule is someone who transfers money on behalf of or at the direction...

9 MIN READ
2 years of Video KYC journey

2 years of Video KYC journey

Video KYC was a distant hope just two years ago. The RBI's approval in January...

9 MIN READ
Top 5 cyber fraud to watch out in 2022 in the logistics industry

Top 5 cyber fraud to watch out in 2022 in the logistics industry

Digital automation has proven to be a boon for the logistics industry. It has made...

4 MIN READ
10 Things You Need to Know About RBI’s latest Video KYC Regulations

10 Things You Need to Know About RBI’s latest Video KYC Regulations

Here are 10 things you definitely need to know to keep yourself compliant with the...

2 MIN READ
How machine learning does image tampering detection

How machine learning does image tampering detection

"More than 90% of commercially captured and published digital photographs, if not tampered with some...

1 MIN READ
PAN Card forgery is a serious identity theft threat

PAN Card forgery is a serious identity theft threat

If you want to know how surprisingly easy it is for someone to forge your...

3 MIN READ
IDfy launches Video KYC verification for remote customer

IDfy launches Video KYC verification for remote customer

Fintechs and Telcos to Achieve Regulatory Compliance with 90% Cost Savings     IDfy, a...

3 MIN READ
HDFC Bank’s Video KYC Journey

HDFC Bank’s Video KYC Journey

It's now an open secret as to who HDFC Bank's Video KYC partner is. That's why it's...

1 MIN READ
UPI Scams: Your Comprehensive Guide to Financial Safety

UPI Scams: Your Comprehensive Guide to Financial Safety

Millions of Indians now depend on the Unified Payments Interface (UPI), which was developed in...

11 MIN READ
Banks may feel left out as digital lenders rapidly acquire users, say leaders

Banks may feel left out as digital lenders rapidly acquire users, say leaders

At the FinTech Festival India 2021, industry leaders discussed the past, present, and future of...

5 MIN READ
IDfy raises INR 86 Crore from TransUnion and Blume Ventures

IDfy raises INR 86 Crore from TransUnion and Blume Ventures

Helps businesses digitally identify, verify, and onboard genuine entities Has performed more than 70mn verifications...

5 MIN READ
TransUnion and IDfy Partner to Expand Digital Onboarding and Verification Technology Offerings for Customers Globally

TransUnion and IDfy Partner to Expand Digital Onboarding and Verification Technology Offerings for Customers Globally

Mumbai, October 4, 2021 – As part of our ongoing commitment to meet the demands of...

3 MIN READ
Behind the scenes: Employee Criminal record checks

Behind the scenes: Employee Criminal record checks

Your company has endured struggles- the pandemic, economic/market dip, and whatnot! Your team has worked...

4 MIN READ
Here’s why an Education check is important for your company 

Here’s why an Education check is important for your company 

It is said that screening is knowledge, and knowledge is power. Conducting an education check...

4 MIN READ
What everybody ought to know about address verification

What everybody ought to know about address verification

When it comes to preventing fraudulent encounters in your company, what safeguarding step would you...

6 MIN READ
What you ought to know about employment verification

What you ought to know about employment verification

Can you trust resumes completely? The answer is obvious: you cannot. While resumes are a...

4 MIN READ
How the BFSI sector is onboarding authentic employees

How the BFSI sector is onboarding authentic employees

The ‘Banking, Financial Services, and Insurance (BFSI) industry play a crucial role in the sustainable...

4 MIN READ
Why are Tech-companies conducting background verifications?

Why are Tech-companies conducting background verifications?

While technology is revolutionizing background checks and making it easy -- doing background verification for...

4 MIN READ
Background checks in the retail sector

Background checks in the retail sector

For retail companies, there is a unique dilemma that comes into play when hiring employees....

4 MIN READ
7 reasons why educational institutions must focus on background verification

7 reasons why educational institutions must focus on background verification

Research shows that the education sector in India has one of the highest rates of...

4 MIN READ
Mast_FIntech_image

Video KYC can be deployed on the cloud: RBI

The RBI has put an end to the ‘on-premise vs. cloud’ debate for video KYC...

4 MIN READ
Capital Markets

IDfy is enabling investors’ digital onboarding at HDFC Securities

Mumbai July 8, 2021: IDfy, one of Asia’s leading Regulatory Technology companies, and HDFC Securities, one...

4 MIN READ
Not checking ‘Last Working Day’ in Employee Background Verifications can lead to IP and Data Theft

Not checking ‘Last Working Day’ in Employee Background Verifications can lead to IP and Data Theft

Many fraud candidates falsify their resumes, documents, qualifications, as well as the their designations and...

3 MIN READ
Capital Markets

How HDFC Securities is improving conversions by reducing customer onboarding steps

Amidst the pandemic, more and more retail investors are dabbling into stock markets to make...

4 MIN READ
Negligent Hiring of Field Force

Negligent hiring of field force | Major risks for pharma companies

Negligent hiring of field force can pose some major risks to Big Pharma, as it...

4 MIN READ
Background Verification Process

Background verification process | Need for court records checks

A thorough employee background verification process underscores the need to carry out Court Record Checks...

3 MIN READ
Mast_Banking

RBI’s latest amendment to the Master Direction for KYC: How IDfy can help

On the 10th of May 2021, the Reserve Bank of India (RBI) released its latest...

3 MIN READ
Mast_FIntech

3 things digital banks should consider when scaling globally

The digital banking industry has widely been considered the ‘future of all banking’. However, while...

4 MIN READ
How moneyHop is onboarding users in less than 2 minutes

How moneyHop is onboarding users in less than 2 minutes

moneyHop is one of India's leading neobanks that started operations in the middle of the...

1 MIN READ
Launch your own FASTag issuance solution today

Launch your own FASTag issuance solution today

FASTag issuance has soared in demand after the Government of India made it mandatory for all vehicles...

1 MIN READ
Education Checks

Education checks | Why are they so important in background verifications?

Do you know what happens when education checks are not a part of your employee...

3 MIN READ
Healthcare BGV

Background verifications in healthcare | Why they are important

An IBEF survey indicates that the Indian Healthcare industry is set to reach US$ 372...

2 MIN READ
Employee Onboarding in BPO

Employee onboarding in BPO | Challenges faced by the industry

India’s emergence as a global outsourcing hub sheds light on the contribution of the BPO...

2 MIN READ
Background Verification Challenges in Insurance

Background verification challenges in insurance industry | Are they at risk

The Insurance industry plays a crucial role in the sustainable growth of an economy. But...

3 MIN READ
6 reasons why you should use V-CIP for re-KYC

6 reasons why you should use V-CIP for re-KYC

On 9th January 2020,  The Ministry of Finance with a  view to leverage digital channels...

3 MIN READ
Court Records Checks

Court records checks | 3 major challenges faced by HR

Court records checks have revealed a 75% failure rate of candidates in some parts of...

2 MIN READ
How to detect identity theft fraud right at the application stage

How to detect identity theft fraud right at the application stage

Digital transformation and data breaches The digital transformation sweeping across the country has brought forth...

5 MIN READ
Background Verification for Gig Workers

Background verification for gig workers: Struggling with Police Clearance Certificate (PCC) delays?

Background Verification for Gig Workers is an important aspect as the safety of your customers...

3 MIN READ
Employment Checks

3 reasons why employment checks cannot be ignored in background verifications

How far can you trust resumes? After all, they do give a recruiter a fair...

3 MIN READ
Onboarding a next-generation field force

4 onboarding tools to build a next-generation field force

Onboarding a next-generation field force involves a great deal of investment in time and resources....

3 MIN READ
Are address verifications getting tougher?

Are address verifications getting tougher?

Of all the background verification issues that organisations face in order to hire the right...

3 MIN READ
Candidate Background Verification Pharma IDfy

Medical representative onboarding challenges: 4 major issues human resources face

Medical Representatives are the face of Pharmaceutical companies. They are ‘medico marketeers’ and quite literally...

3 MIN READ
Gig Workforce Onboarding

Gig Workforce Onboarding: Major Challenges for E-commerce

Covid19 has disrupted many established practices on its whirlwind tour of last year. From infecting...

4 MIN READ
Contactless onboarding: 2 delivery executives every minute

Contactless onboarding: 2 delivery executives every minute

Step into the future of customer onboarding with contactless technology. Gone are the days of...

3 MIN READ
The best in gaming trust IDfy

The best in gaming trust IDfy

There's a reason why the best companies in Gaming trust IDfy. IDfy handles a critical...

2 MIN READ
Big companies that paid a price for BGV fails

Big companies that paid a price for BGV fails

In an era where thorough KYC processes are crucial for maintaining trust and integrity, even...

8 MIN READ
IDfy’s Video KYC to reduce cost by 90%: Economic Times

IDfy’s Video KYC to reduce cost by 90%: Economic Times

An Economic Times article today has reported on IDfy's latest product release - the Video...

1 MIN READ
Shezad Sharif

Real User: Shezad Sharif

Meet Shezad Sharif - a telecom entrepreneur from Delhi who now lives on the Himalayas....

1 MIN READ
Employee

Real Employee: Tara Panicker

Tara Panicker is an equity analyst by profession and an environmentalist by passion. In 2019,...

1 MIN READ
Tashi Lempo

Real Partner: Tashi Lempo

Tashi Lempo lives in Leh, the capital of Ladakh. For years his summers were spent...

1 MIN READ
Real Customer

Real Customer: Rebecca Dias

Rebecca Dias works and lives on the Andaman Islands, an archipelago in the northeastern Indian...

1 MIN READ
New AML rules bring KYC to the digital age

New AML rules bring KYC to the digital age

Reading the new Prevention of Money Laundering Act (PMLA) of August 20, can feel a...

10 MIN READ
IDfy is verifying lakhs of IPL fans every week for Dream11

IDfy is verifying lakhs of IPL fans every week for Dream11

Supporting India’s Biggest Sports Game to provide a hassle-free user experience IDfy, a Mumbai-based world’s...

2 MIN READ
Offline Aadhaar XML heralds a digital-age process but stops short of making a complete shift : Wriju Ray

Offline Aadhaar XML heralds a digital-age process but stops short of making a complete shift : Wriju Ray

A guest column is written by Wriju Ray (co-founder, and CBO at IDfy) on Aadhaar...

5 MIN READ
Ashok Bio

“I have a hammer. Where is the nail?” – Ashok Hariharan

We live in interesting times. People are predicting the end of jobs (through machines), the...

5 MIN READ
Sharing of OTP is where fraud end. But where do they begin?

Sharing of OTP is where fraud end. But where do they begin?

Kaspersky has predicted that cyber fraud in India will increase going into 2021 owing to more users...

3 MIN READ
How Uber can avoid getting banned

How Uber can avoid getting banned

Every time the driver starts a trip, the Uber app running on his smartphone can...

2 MIN READ
The rise of real money gaming in India

The rise of real money gaming in India

Our take on Gaming Regulations in India with insights from Nishith Desai Associates Only someone...

5 MIN READ

KYC Risks In Lending 2024

Analyzed 80+ million data points to help you streamline your KYC/onboarding processes to combat user fraud.