The Importance of KYC in Gambling and Casinos

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.

Gabija Stankevičiūtė
NFTs and why KYC prevents fraud

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.

eKYC: the Future of Verification

Electronic Know Your Customer (eKYC) Explained

Explore the different benefits and opportunities that eKYC can bring to many industries and learn how to optimize compliance workflows.

NFC identity verification process

NFC Identity Verification Process

Today, the majority of smartphones come equipped with NFC (Near-Field Communication) technology. As this advancement becomes more and more popular, businesses are looking into NFC chips and how they enhance the identity verification processes.

International fraud awareness week

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 […]

10 tips for successful identity verification

10 Tips for Successful Identity Verification with iDenfy

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.

Digital identity and customer relationship

Digital Identity and Customer Relationship [KYC Guide]

Explore the key ways companies collect, verify and use digital identities to onboard users and build secure customer relationships online.

5 ways fraudsters perform identity theft

Top 5 Ways Fraudsters Commit Identity Theft in 2024 [Updated]

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.

Machine readable zone

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.

What is optical character recognition (OCR)

What is Optical Character Recognition (OCR)?

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.

Identity checks: fast and secure onboarding process

Identity Checks: How to Build a 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 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.

What is digital identity?

What is Digital Identity in 2024?

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. 

What is a cryptocurrency, and how does it work

What is Cryptocurrency? Key Facts & Security Tips

More and more people are investing in digital currencies, and some are also looking to launch their blockchain-based projects. But what about security? We go into more detail about identity verification in the crypto market.