Building the future of fintech.

What is AML Screening and Its Importance for Businesses

Anti-money laundering methods are becoming a part of almost every country’s financial guidelines. Governments have highlighted rules and regulations on how companies must approach AML efforts.  AML is crucial for businesses to prevent financial fraud. An important part of AML regulation is “AML Screening”. In this guide, we’ll be breaking down what are AML screening […]

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aml screening for business

Malware-Based Phishing Attacks and Effective Countermeasures

In today’s digitally driven world, phishing attacks have evolved into sophisticated and malicious schemes that target unsuspecting individuals and organizations. One particularly insidious form of phishing is malware-based phishing, where attackers use malicious software to steal sensitive information or gain unauthorized access to systems. In this guide, we’ll delve into what malware-based phishing entails and […]

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malware-based phishing attack

What is Mobile ID Verification?

In today’s digital landscape, mobile identity verification emerges as a cornerstone of security and convenience. As the world rapidly shifts towards online interactions, understanding what mobile ID verification is and how it works becomes paramount. Embracing Mobile ID Verification Mobile ID verification is a cutting-edge method that utilizes smartphones to confirm an individual’s identity. By […]

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A Comprehensive Guide to Global Identity Verification

As consumers of today have access to services across the globe, businesses need to rely on global identity verification solutions to maintain security. Global Identity verification is crucial in verifying the identity of individuals globally. In this guide, we’ll walk you through the Global identity verification process and its importance for businesses. Breaking Down Global […]

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What is Facial Recognition?

With most of the services going online and you as a user having to prove your identity at every step, identity verification solutions have become a crucial part of the process. The sensitive nature of today’s transactions requires sophisticated identity verification methods. In this guide, we’ll break down facial recognition, what is it, and how […]

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How Bitcoin is Used for Money Laundering?

Bitcoin, the world’s first decentralized digital currency, has gained immense popularity since its inception in 2009. Initially hailed as a revolutionary alternative to traditional currencies, Bitcoin’s anonymity and decentralized nature have also made it an attractive tool for illicit activities, including money laundering. Introduction to Bitcoin Bitcoin operates on a peer-to-peer network, utilizing blockchain technology […]

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Bitcoin Appeal to Money Launderers

The Definitive Guide to Customer Re-Verification

In an era marked by increasing concerns about identity theft, fraud, and regulatory compliance, customer re-verification is becoming incredibly significant. Over time, reverification has become a key aspect of customer KYC and KYB practices. It helps businesses and customers maintain ongoing trust and security in business relationships. While re-verification is essential, it also poses multiple […]

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Real-Time Payment Fraud

In today’s fast-paced digital world, traditional payment methods are gradually being replaced by real-time payment systems, offering unprecedented speed and convenience. However, with the rise of real-time payments comes the increased risk of fraudulent activities. Understanding the dynamics of real-time payments and the intricacies of real-time fraud is essential for businesses and consumers alike. Introduction […]

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The Rising Threat of Deepfakes: 8 Ways It Can Impact the Fintech Industry

Technological innovation has always been a double-edged sword. While it brings about immense progress and convenience, it also introduces new avenues for exploitation and fraud.  One similar threat is deepfake technology. Not just FinTech, but it has the potential potential to wreak havoc in several industries if left unchecked.  In this article, we’ll explore eight […]

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Simple Ways You Can Prevent Gift Card Fraud in 2024

In an era where convenience comes hand-in-hand with security risks, businesses and consumers have to be vigilant. One such risk is gift card fraud, and it has become a massive concern for businesses and consumers alike. Digital transactions are on the rise, and cybercriminals are becoming more and more sophisticated. This is why it’s more […]

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