Identity Verification
Useful information and guides about the latest trends in identity verification
December 19, 2022
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.
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
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.
November 30, 2021
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.
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
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.
October 12, 2020
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.
September 28, 2020
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.
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.
September 6, 2020
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.
August 26, 2020
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.
August 3, 2020
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.
June 29, 2020
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.