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Building the future of fintech.

Five Key Fraud Management and Assessment Strategies

In today’s digital landscape, businesses with an online presence often encounter fraud or potential fraud. As cybercriminals employ advanced techniques like ‘synthetic identities,’ organizations seek comprehensive approaches to fraud and risk management. To effectively combat fraud, businesses are adopting holistic fraud risk management strategies. Fraud risk management entails evaluating fraud risks within an organization and […]


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fraud management and assessment

Top 5 Compliance Trends to Watch in 2023

In past years, the rising pressure for financial crime professionals, whether they work in AML, fraud prevention, or cybersecurity. It is getting harder and harder to keep up with growing compliances. For businesses looking to safeguard themselves from fraud, keeping up with compliance trends is crucial. Here are the top compliance trends to watch out […]


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top compliance trends

Why Are AI-Based Document Verification Solutions Becoming Weaker?

Artificial intelligence (AI) allows computers to make human-like decisions, making certain processes more efficient. AI technology has improved a lot in recent times and it powers a lot of things such as self-driving cars, and facial recognition. Recently, AI has been applied to online identity verification and online document verification solutions. While the incorporation of […]


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ai-based solutions

About Digital ID Verification Service

As more and more online activities are growing, keeping our online identity, private data, and ID verification has grown vital. Unfortunately, not all banks and financial institutions know everything there is to know about Digital identity verification. Digital ID verification is crucial in all kinds of online business operations. Knowing who your customer is before […]


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what is digital identity verification

How DIRO is Changing the Online Document Verification Landscape?

The rise of digital banking services, ACH payment, and third-party payment providers has changed the face of banking. The needs of customers are an ever-changing concept and to facilitate those needs, the financial industry is trying to offer faster and more secure transactions. To enjoy the benefits that come along with digital banking transactions, banks […]


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Why DIRO's the Best

Identity Verification In Crypto

Cryptocurrency exchanges serve as both magnets for fraudsters and subjects of regulatory scrutiny. To navigate this landscape effectively, it’s crucial to enhance crypto KYC (Know Your Customer) and identity verification tools, striking a balance between fraud prevention and regulatory compliance. What Exactly is Crypto KYC? Crypto KYC, or Know Your Customer, represents a legal obligation […]


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identity verification in crypto industry

Understanding Fraud Analytics – New Way to Combat Fraud

Fraud analytics relies on the use of big data analysis to detect and prevent online financial fraud. It can help financial organizations learn about ongoing fraud trends and build safeguards to protect themselves. More and more people rely on online banking for the convenience it offers. The 2020 lockdown acted as a catalyst for online […]


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fraud analytics definition

Why Do Digital Business Operations Need Strong Identity Verification Solutions?

The impact of the Covid-19 pandemic has forced businesses all over the globe to reinvent their business operations. With more and more customer interactions happening online, the risk of digital financial fraud and identity theft is rising as well. For businesses to keep up with the digitization of basic work operations, and enhanced risk of […]


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why digital business needs identity verification

Marketplace Fraud Trends

Marketplace fraud is as the name suggests. A buyer or seller makes false claims through a company. The fraud could be as simple as making false claims about the quality of products and services, or selling different items as advertised. An online marketplace provides a platform that buyers and sellers to find one another. eBay […]


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Marketplace Fraud Trends

Can Strong Fraud Protection Bring in More Customers?

According to several surveys, it has become evident that strong fraud protection is the first thing in banking customers’ minds. In this world of growing fraud, it’s no surprise that customers want some sense of security. The banking and financial services landscape has grown at an exceptional pace in the last decade. Fraudsters have taken […]


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strong fraud protection