Blogs
Building the future of fintech.
Online Financial Fraud Trends 2024 – What You Need to Know🤔
2024 has been a turbulent time for financial safety. Fraudsters are finding new and innovative ways to commit fraud. With cutting-edge technologies, fraudulent organizations are exploiting the digital financial ecosystem. Businesses that want to combat or prevent online fraud proactively must rely on sophisticated technologies. To keep your business protected, here are the fraudulent trends […]
Read more
How does Bonus Abuse Fraud Work in iGaming and How to Prevent It?
The iGaming industry, encompassing online casinos, sports betting platforms, and poker rooms, uses a wide range of bonuses to attract and retain players. These bonuses come in various forms such as welcome bonuses, no-deposit bonuses, free spins, and loyalty rewards. What is Bonus Abuse Fraud? Every single casino out there offers these promotions as they […]
Read more
Social Security Number Verification
A Social Security Number (SSN) is a crucial identification method in the United States. Applying for government services, taxation, and employment is almost impossible without verifying an SSN. Businesses need to verify the legitimacy of an SSN before conducting business and onboarding customers. In this blog, we will explore everything you need to know about […]
Read more
How Identity Verification is Set to Replace Notaries?
Even in the legal industry, constant innovation is changing how basic work is handled. The latest technology is reshaping traditional practices and bringing forth the use of time-saving and efficient practices. One change we’re witnessing in the legal industry is the slow but imminent replacement of notaries. Why? Because businesses everywhere are relying on the […]
Read more
Common Challenges with Video Chat Identity Verification
Video chat identity verification has become an increasingly popular method for online identity verification. Businesses from all over the world use video calls to verify the identities of consumers before onboarding them. Video chat ID verification is a convenient way to confirm someone’s identity by comparing their face to a government ID. But while it […]
Read more
Using Artificial Intelligence to Counter Financial Fraud
As the financial industry has focused on integrating technology into its offerings, they have been plagued by financial fraud. Financial fraud significantly threatens individuals, businesses, and economies worldwide. As fraud evolves, financial institutions must leverage the latest tech as a countermeasure. One of those latest technologies includes artificial intelligence to detect financial fraud. In this […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
