Why are Businesses in Italy Adopting Advanced KYC Solutions? (Business Opportunities - Advertising Service)

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Item ID 2836717 in Category: Business Opportunities - Advertising Service

Why are Businesses in Italy Adopting Advanced KYC Solutions?


In 2024, Financial fraud in Italy reached alarming levels, with over €3 billion lost due to various fraudulent activities. As per a report by Statista, incidents of financial scams have increased by 35%. It is the area where robust identity verification solutions play a huge role in Italian businesses. KYC verification is an essential step to knowing about your customers digitally and ensuring that they are genuine. If anyone fails during the KYC checks then it helps to identify fraudsters. That’s why only KYC solutions in Italy are significant in building trust in the competitive market.

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Target State: All States
Target City : Italy
Last Update : Dec 30, 2024 8:24 AM
Number of Views: 52
Item  Owner  : KYC Italy
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2025-01-27 (0.386 sec)