Address Verification: Everything You Should Know About
The rising number of fraudulent activities is causing massive losses across organizations. Therefore, organizations nowadays are adopting an employee address verification process. Address Verification is required to ensure that employees they are hiring are genuine and the address they have provided exists. Without this identity check, criminals, as well as fraud, activities may increase. Furthermore, this process keeps the businesses safe from various deceitful activities and double-dealing. This article gives you thorough and accurate knowledge about address verification. What is address verification? Address verification refers to the verification of the address that the candidate shares with the company. In simple terms, address verification is for the authentication of a person that verifies the address they claim to live in is genuine or not. Address verification is done for various purposes, such as employee hiring , granting scholarships to students, or onboarding customers fo...