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Identity Verification Stories

Face Authentication: Why It Completes Your Identity Verification

KYC is a perfect choice for onboarding your customer. It is quick to do and provides all the required information the business needs to know. Coupled with the AML compliance tool, it might seem that your current onboarding process is complete. However, a missing piece here is customer re-authentication after the initial onboarding. This blog …

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Empower Your WordPress Site with Identity Verification

iDenfy launches a new WordPress plugin to integrate identity verification into your WordPress-powered site seamlessly. Sometimes, you need a quick way to authenticate the customer inside your website. It could be an e-commerce website, online forum, or teaching platform. Regardless of the content, the goal is always the same – customer needs to be verified, and any …

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What is an Ultimate Beneficial Owner (UBO)?

It’s no secret that analyzing corporate structures and identifying customer identities can be a complex and lengthy process. Today’s businesses must comply with the ever-growing regulations and ensure that the company is safeguarded from being involved in suspicious activities. Institutions that follow Anti-Money Laundering (AML) rules and abide Counter-Terrorist Financing (CTF) need to review their …

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Improve KYC Process Using Face Authentication

iDenfy launches a face authentication toolkit to authenticate your existing customers by minimizing the account takeover threats There is a constant threat of account takeover to perform high-value transactions or change your sensitive account data. All of those actions should be secured using additional verification. Yet it has to be seamless and not make the …

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How Know Your Business Verification Can Protect Your Company

Online fraud is an epidemic that has infected various industries. Many businesses are going digital, leaving gaps in their security strategies. With less transparency and more complicated regulations, companies choose to search for new automated fraud prevention tools that would help overcome cybersecurity and compliance challenges. If you’ve been following our blog, you’re already aware …

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KYB: What’s The Difference Between KYC

The complexity of money laundering might be a challenge. With the right tools and proper risk assessment, the dangers of fraud can be controlled. More businesses have become aware of this issue, trying to minimize the risks with KYB or Business Verification. Despite that, the question remains ‘How?’, as the number of millions for non-compliance …

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How to Create a Strong Password and Stay Safe Online

Are you using ‘test1’ as your password? If so, we’ve got some bad news for you — you’re practically volunteering to become a target for fraudsters. That’s why it’s time to leave ‘password’ and ‘123456’ behind. Believe it or not, many are struggling to maintain their password hygiene in this dangerous digital age. Unfortunately, recycling …

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Gintarė’s Guide To Leadership: Empathy Is Key

While many face different challenges at work, iDenfy strives to concentrate only on the positives. Of course, the major growth of the team proves that it’s working – we’ve almost doubled the number of our amazing colleagues in 2022. The bigger squad came with more responsibilities and opportunities. Today, we’re diving into another dedicated, hard-working …

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