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

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.

Every year, numerous businesses worldwide get hit with billions of dollars in losses due to identity fraud. They even don’t realize how they become the victim of identity theft. In this blog post, we’ll make you familiar with common ways fraudsters commit identity theft and solutions to prevent it.

Discover the crucial role of identity verification in the thriving retail & e-e-commerce industry. Learn how businesses can enhance security, build trust, and combat fraud with advanced verification solutions.

Optical Character Recognition is revolutionizing the businesses of almost all types. In every industry, it plays a crucial role in improving productivity, accuracy, customer experience, and data security. Wondering what exactly it is? Read this post.

The sharing economy has many benefits – from minimizing environmental effects to offering self-employment opportunities to developing business possibilities. However, this industry has some challenges, as well. In this blog post, we will discuss those challenges and discover how identity verification can help them. Tune in!

Identity checks are essential in modern times for any business. Not only do they help you determine if the information provided to you by your clients or customers is legit or it relates to a real person but also ensure that your prospective clients are not engaged in any fraud activities. Additionally, you avoid hefty fines for not complying with KYC and AML directives. If you want to know more about identity checks, here is the complete guide for you.

CDD or Customer Due Diligence is an ideal way to determine whether or not a potential customer is worthy. It is a crucial element of managing your risk and protecting your business against financial crimes. If you want to know everything about Customer Due Diligence, read this post until the end.

Identity verification is more relevant than ever for financial services. Not only its ideal solution to keep the identity-related frauds at bay but also prevent the fines for non-compliance with KYC/AML. Read this post until the end if you want to know more about the financial services industry, its challenges, and how identity verification solutions can help businesses cope with those problems.

A lot of people don’t know that their digital identity could be vulnerable to identity theft. Cybercriminals might use your crucial information for various illegal acts. If you want to know what digital identity is, what can put it at risk, and how to protect it, this blog post will provide you with all the right answers. 

The online gambling landscape is booming worldwide, and with such a level of growth comes millions of users. This made online gambling a massive target for online gambling fraud since its integration into the online space. Thankfully, measures like identity verification can help minimize crime.