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All Blog Identity Verification KYB/AML Regulations by Country Use Cases

We explore the newest forms of fraud — first-party, second-party, and third-party fraud — and investigate the reasons for the appearance of such trends while providing practical strategies for preventing crime in your organization.

Find the key tips on how to reduce fraud in the transportation industry through identity verification by ensuring both passengers and drivers are who they claim to be.

Cybercriminals violate individuals’ privacy to make identity-related frauds. In comparison to other forms of crime, cybercrime involves low risk and is lucrative. Consequently, cyber attackers engage in this fraud game to make money quickly. Luckily, you can prevent identity theft by investing in a powerful ID verification solution.

Identity theft is a serious concern all across the globe. It’s a crime of obtaining personal details of another person to commit fraud. There are numerous identity theft types, ranging from synthetic identity theft to social security identity theft to financial identity theft. Each theft can harm you in different ways, but you can prevent them by using simple tips and tricks. Let’s find out what these tips are.

With technological advancements, the healthcare industry is increasing rapidly all across the globe. However, it’s also true that these technologies have brought new threats to the industry. We explore how identity verification helps.

Forgery is a serious crime. While there is provision for punishments and penalties, this crime has been increasing rapidly. Using transparent security features or elements to protect ID design can help prevent or minimize forgery. Read more.

Now we have e-learning platforms, applications and, more importantly, artificial intelligence, which has its pros and cons. Find out what dangers come with such advancements and how identity verification helps combat these issues in the education sector.

Since identity theft cases are growing rapidly, every business needs to set up an advanced verification solution to ensure that only authentic people are using their platform. The verification is essential from your view’s user experience point. Read more.

Due to technological advancements, the travel industry has seen numerous changes over the years. It has become easier for travel companies to sell their services and improve customer experience. However, technology has also increased the risk of different types of fraud in the industry. Data breaches, stolen security credentials are a few common threats to the industry. If used properly, the role of identity verification can prove useful to eliminate these risks to a great extent.

GDPR, or General Data Protection Regulation, is one of the most stringent security laws globally. It was implemented in 2018 to set guidelines for collecting and processing personal information from people living in the European Union. The GDPR applies to all the businesses operating in the EU and those delivering services to European customers.

Explore the key ways companies collect, verify and use digital identities to onboard users and build secure customer relationships online.

Since telecommunications is closely linked to critical services like national security and healthcare, identity verification is especially important in the telecom industry. In this blog post, we’ll explore the importance of Know Your Customer (KYC) checks in terms of the telecom industry, exposing security vulnerabilities and compliance issues.