Ensuring Creditworthiness: The Role of Contact Point Verification in Business & Personal Lending
Contact Point Verification (CPV) is transforming how lenders assess creditworthiness. By verifying borrower addresses and contact details, CPV helps reduce fraud, improve loan recovery rates, and ensure compliance with KYC norms. OnGrid’s advanced CPV solution combines physical verification, geo-tagging, and document checks to enable safer, smarter, and more efficient lending decisions.