Useful information and guides about the latest trends in identity verification
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 19, 2022
KYC Guide: The Importance of Identity Verification for Online Gambling
More countries are legalizing online gaming, which led to gambling apps and online casinos being subject to KYC and AML rules. Find out what that means for the rising entertainment industry’s users and businesses.
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.
April 21, 2022
eKYC Explained: The Road to Ultimate Digital Onboarding
One thing’s sure. We live in a modern age of technology that has many perks. With the help of the internet, you can find an answer to a complex question in seconds. Such power comes with risk. Today, one of the most talked-about topics is data breach and how the numbers of identity thefts and […]
November 16, 2021
Fraud Week: What Is It and Why It’s Important
The discussion about fraud is ever-present in various industries worldwide – and for a good reason. Throughout the years, we, as a society, began to value transparency and fairness to a much greater extent than we did before. Fraud is directly opposing these values, and the demand for attention and prevention of fraud is rising […]
January 18, 2021
10 Tips for Successful Identity Verification with iDenfy
Richard A. Clarke, the former US National Coordinator for Security, once said, “If you spend more on coffee than on IT security, then you will be hacked.” The statement seems relevant in the current scenario. A report reveals that cybercrime damage costs might reach up to $6 trillion annually by 2021. Cybercriminals violate individuals’ privacy […]
October 12, 2020
Digital Identity & Customer Relationship
Gone are the days when customers were loyal to one brand. Since they have many options, they can switch to your competitor any time if you don’t provide them with an exceptional user experience. Many businesses don’t realize, but customers are concerned about their data security, and the data protection counts for user-experience. So if […]
September 28, 2020
5 Ways Fraudsters perform Identity Theft
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. Technology has transformed the way businesses […]
September 13, 2020
Understanding: Machine Readable Zone
Wondering what is a machine-readable zone (MRZ)? Do you want to know its role in identity verification? If the answer to these questions is “yes.” Read this blog until the end. MRZ or Machine Readable Zone is a particular area in an identity document (passport specifically) that encloses the document holder’s personal data. Nowadays, almost […]
September 6, 2020
What is Optical Character Recognition?
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! With emerging technologies, online fraud vulnerabilities are limited to digital assets of businesses. Still, they also target the sensitive […]
August 26, 2020
Identity Checks: Fast and Secure Onboarding Process
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 […]