Know Your Customer, or KYC, is crucial to business. However, assessing the suitability of customers for a business relationship can be time-consuming and costly, particularly when conducting manual KYC. Fortunately, there is a solution. Verif-y provides automated KYC solutions to help businesses increase efficiency while reducing friction and unnecessary costs. Let’s take a closer look at the importance of KYC and why automated KYC is the best option for your organization.
The Digital Identity Blog
Real-World Credential Fraud: Netflix releases Operation Varsity Blues: The College Admissions Scandal
If you haven’t watched Netflix’s new special (I highly recommend you do), here is a brief summary.
The documentary re-enacts transcripts of conversations recorded by FBI wire taps from their investigation nicknamed Operation Varsity Blues. The FBI investigated a widespread college admissions scam conducted between Rick Singer and high paying parents to get their children into prestigious U.S. colleges and universities.