BACKGROUND CHECK OF CLIENTS’ CUSTOMERS
In additional to other counter-fraud services, we also carry out background checks on behalf of our clients to mitigate third-party fraud risks. Services under this offering include due diligence on existing and potential customers, business partners or collaborators of our clients, identity verification, legal and licence status verification, address verification as well as criminal record verification.
At Setivel, we have a dedicated team which specializes in providing customized background checks of any size and nature. We work with our clients to clearly define the specific purpose and scope of the background checks, which must be justified by legitimate business needs or regulatory requirements. We also ensure our clients obtain explicit, written consent from the data subject in line with legal requirements. Our clients’ consent form will clearly state that a third-party will conduct the check and process the customer’s personal data.
Why should you conduct background checks?
Risk mitigation: Background checks help prevent fraud and reduce the risks associated with identity theft and other crimes.
Compliance: In many industries, especially in the financial services industry, performing Know Your Customer (KYC) checks is a regulatory requirement.
Informed decisions: They provide businesses with a clearer understanding of their customers, helping them make more confident and secure decision
Certificates
In compliance with the provisions of the Nigeria Data Protection Act, 2023, we are certified by the Nigeria Data Protection Commission (NDPC) to provide data processing services. We are also a member of the Society for Professional Background Screeners.
The bulk of the executives at Setivel Counter-Fraud Services are Accredited Counter-Fraud Specialists licensed by Counter Fraud Professional Accreditation Board, United Kingdom in conjunction with Northumbria University, United Kingdom.