Wizdom Consulting
Eyeballing of the files( retail loan applications) to check the point of compromise by using stratified sampling techniques at the pre-sanctioned stage.
A field visit provides scrutiny for the following points:
● Asset location and condition
● Asset legal status
● Any other important point relevant to the client
Wizdom Consulting uses the following process to conduct the non-starter profile check:
● FOS visit to Home, office
● Interview with Customers, Family Members and Office staff
● A report in the client-provided format
● MIS
Risk alert documents triggered through sampling activity are further sent for field investigation to check the authenticity of the triggered documents.
Merchant verification by Wizdom Consulting encompasses all key aspects, including:
● Physical address verification
● Checking temporary/permanent nature of business
● Market information on merchant
Wizdom Consulting performs the DSA/ Vendor due diligence check with client-provided requirements. The process includes the verification of :
● Permanent and Current address
● All related KYC and income document verification
● Performance History with client