Gabija Stankevičiūtė

Digital wallets have been around for more than a decade now. PayPal is one of the oldest digital wallets and was the first one to offer online banking services. And remember, when the global pandemic hit the world, online banking solutions and digital wallets became critical. Hundreds of households who suffered due to the lockdown used digital wallets to send and receive money.

The increased popularity in digital spheres, such as fintech, e-commerce, or iGaming, has opened new avenues for fraud, posing higher risks for businesses and consumers, such as identity theft or data breaches. In this blog post, we’ll explore the evolving types of fraud, their causes, and ways to avoid them more effectively.

While digital transformation has been taking the logistics and transportation sector to a new height, it has made the industry an easy target for cybercrime. Cyberattack on Maersk, German Railways, and Kyiv Airport has stunned the entire transport industry worldwide. Until such incidents happened, no one ever imagined that the industry could be the target […]

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 advancements have brought numerous threats to the industry. Two of the major among them are identity theft and data breaches.

Forgery is a serious crime all across the globe. While there is provision for punishments and penalties in this crime, it has been increasing rapidly. Over the years, the public authority took various steps for ID Protection, but nothing proved beneficial. Using transparent security features or elements to protect ID design can help prevent or minimize forgery. In banknotes, technology has proved useful in preventing tampering.

Started by religious institutions, the education system and teaching style have changed significantly in modern times. Thanks to technology, distance and e-learning are possible nowadays. However, over the years, the education sector has faced various challenges due to these technological advancements. Cyber attacks such as phishing, data breaches, and identity theft are a few common issues the industry deals with. Fortunately, these threats can be minimized to a large extent, with a proper identity verification setup.

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.

Gone are the days when customers were loyal to one brand. Since they have many options, they can switch to your competitor anytime if you don’t provide them with an exceptional user experience. Many businesses don’t realize this, but customers are concerned about their data security and the data protection counts for user experience. So, if you want to improve your customer relationship and ensure your customers feel confident throughout their buying journey, implement a robust identity verification solution.