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All Blockchain Blog Identity Verification KYB/AML Regulations by Country Use Cases

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 […]

While we’re enjoying the summer heat and the long joyful nights, we might as well learn more about the people behind iDenfy. So sit back and relax, as today we’re presenting our Client Relations Manager, Erika Simanavičiūtė. She’s one of our youngest and most passionate team members. Did you know that the bright mind started […]

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 Ultimate Beneficial Owner (UBO).

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 […]

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.

It’s that time of the month when we present our beloved team members! If you’ve been following us for a while now, you’ve met our other specialists: Gintarė, Viktor, and Raminta. We’re thrilled that our team is getting bigger and stronger. One of our goals is to welcome the best specialists into our family and […]

While some use art to awaken their imagination or express themselves, others see it as a great way to invest. You can argue about the taste in art or what piece to put in your living room, but one thing’s for sure: art has always been a part of luxury and an entry into the elite. It also comes with a huge price tag and a possible risk factor. In this article, we discuss how identity verification helps combat fraud in the art market.

The complexity of money laundering might be a challenge. With the right tools and proper risk assessment, the dangers of fraud can be controlled. Obviously, more businesses have become aware of this issue and are trying to minimize these risks with automated KYB or business verification.

Is your password a minimum of 12 characters in length? Not only this, but also other important password factors determine the level of security.

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

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 […]

Are you wondering what tools and methods can detect and prevent vicious crimes, such as illegal earnings and money laundering? Will it be Customers’ AML Screening and Ongoing Monitoring? Keep reading to find out.