Business Verification Services Research shows $1.6 trillion of money is laundered worldwide. Criminals are targeting unregistered businesses to carry out money laundering and terrorist financing. It has posed a major threat to organizations that lack appropriate customers due to diligence measures to verify legitimate businesses. It not only harms their brand reputation but also results in penalties and sanctions. Regulatory bodies have introduced strict regulations for businesses to deter money laundering activities. Business Verification Services is crucial for organizations to maintain a transparent and legitimate business relationship with other organizations.   What is Business Verification Service? It is a process through which corporate organizations perform due diligence analysis of industries…