Today we take postcodes for granted as the most essential part of our address. However, they haven't in fact been around for all that long. This April saw the 40th anniversary of UK wide postcodes, an ingenious invention that allowed for the automation of letter sorting, dramatically increasing the speed of the postal services' processes.
When checking someone’s identity or running a background check, it is often useful to assess that person’s financial status in case they have previously defaulted on their debts or have fallen into financial difficulty. After all, it may help you decide whether to do business with them.