Blog
Identity Verification Blog
February 7, 2023
A Definitive Guide on KYC for Crypto [Updated]
It’s an open secret that cryptocurrencies were introduced to tackle the problems of centralization and lack of authority in finance after the 2008 financial crisis. Though they have been used in illegal activities, they have ended up causing billions of dollars in damage. Read more.

January 31, 2023
5 Must-Have Skills to Look for in a QA Tester by Karolis
Curious about the role of a QA Tester and what it takes to succeed in this field? Well, you’ve come to the right place. Get an inside look at the day-to-day responsibilities and life in iDenfy from Karolis Kurelaitis, our QA Tester’s viewpoint.

January 26, 2023
Proxy Network: Use Cases and Identity Verification Tips
There’s an ultimate feature that describes all cybercriminals accurately. Spoiler alert – it’s the fact that they want to stay anonymous. For years, proxy servers supported malicious actors, helping them blend in and conduct dangerous crimes. But can identity verification end this era?

January 19, 2023
The Guide to Decentralized Identity in 2023
The internet has been turned into a gold mine for data. Users have filled up their storage banks with millions of data pieces, defining who they are both digitally and IRL. But now Web3 has birthed a new idea by which humans can safely engage with their data through digital identity.

January 5, 2023
Understanding Web3 and its Security Measures
The static, the responsive, and the semantic are seen as how the internet has evolved. The evolution of web3 might be slow with current trends, but positive adoption is being noticed. The ultimate question that still gives headaches to some critics is the security factor. Tag along to find out more.

December 28, 2022
iDenfy Through Adomas’ Eyes: Motivation, Challenges, and All That Jazz
If you’re not up to speed with iDenfy’s tech environment, now’s the chance to catch up. This time, we’re presenting our Product Owner, Adomas Vitkauskas!

December 1, 2022
How Identity Verification is Helping Combat Cryptocurrency Crimes
While the use of cryptocurrency for payment is gradually getting into the mainstream and inviting more users to experience what the fuss is about, regulators seek to implement more robust security measures to tackle the ongoing issue of crypto crimes.

November 24, 2022
AML Regulations in the USA: Everything You Should Know as a Business Owner
Since 2002, more than 38 institutions in USA have reached settlements or pled guilty due to non-compliance with AML regulatory requirements and paid substantial fines in settlements.

November 15, 2022
Frauds in NFTs And The Need For KYC
NFTs are believed to be the web3 technological tool that would change the internet economy. While web3 believers have high hope for what NFTs will become, the fraudsters of the internet are making moves in every way to outsmart creators, collectors, and investors.

October 4, 2022
AML Guidelines in the European Union. What Should Financial Companies Know When Applying Business Verification?
Over the past decade, the EU has been considering how to combat the potential illicit flows through banks and other financial institutions. It’s clear that stricter financial processes call for a more robust action plan from all financial players. This time, we’ll review the EU and its standards by providing all the necessary guidelines.

September 22, 2022
Ugnė Explains What it Means to be a Team Lead
Hello, September! While the weather is getting colder, we advise you to grab a cup of coffee, sit back and relax while you learn more about another wonderful member of the team – Ugnė – our Data Review Specialists’ Team Lead.

August 16, 2022
How Viktas Got Interested in Technology as a Kid
Meet Viktas, iDenfy’s Mobile Application Developer, who’s passionate about technology and a bunch of other fascinating things.

August 8, 2022
Top 3 Things to Look for in an Identity Verification Mobile SDK
When choosing an identity verification SDK, it’s important to know the key features to look for. Find out which ones are best suited for your needs.