Improve KYC Process Using Face Authentication
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 […]
Know Your Business Verification: All You Need to Know
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.
Deividas — the Backend Team Lead Who Dreamt of Being a Doctor
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 […]
Identity Verification in the Art Market: All You Need to Know
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 […]
KYB: What’s The Difference Between KYC
The complexity of money laundering might be a challenge. With the right tools and proper risk assessment, the dangers of fraud can be controlled. More businesses have become aware of this issue, trying to minimize the risks with KYB or Business Verification. Despite that, the question remains ‘How?’, as the number of millions for non-compliance […]
How to Create a Strong Password and Stay Safe Online
Are you using ‘test1’ as your password? If so, we’ve got some bad news for you — you’re practically volunteering to become a target for fraudsters. That’s why it’s time to leave ‘password’ and ‘123456’ behind. Believe it or not, many are struggling to maintain their password hygiene in this dangerous digital age. Unfortunately, recycling […]
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 […]
Gintarė’s Guide To Leadership: Empathy Is Key
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 […]
AML Screening and Ongoing Monitoring: the Guide
It’s no secret that money laundering is an issue that raises some concerns. The term was created at the beginning of the 20th Century when the world’s economy was affected by organized criminals or corrupt politicians. At that time, their earnings came from gambling, extortion, bribery, and theft. Naturally, the need to define the situation […]
Presenting Viktor Vostrikov: One App, Big Responsibilities
iDenfy’s team has started to snowball in the past year. You might have already met my colleague – Raminta – and now, it’s my turn to tell the exciting story of how my journey at iDenfy began, and what it’s like to work in the diverse environment of the Fin-tech industry. I’m Viktor Vostrikov, and […]
Dangers of the Dark Web: How to Protect Yourself?
The internet is massive, with millions of websites, forums, servers, and databases that exchange information 24/7/365. But that’s only the “visible” side of the internet, which means that all these sites and servers can easily be found using Google and other search engines. This is the surface net, and below it is a different story […]
What is Phone Number Verification & How is it Reliable?
As many organizations worldwide continue on the path to go digital, it is now more important than ever to establish a sound relationship with their clients. Having the contact details of the customer is crucial not only for the purpose of exchanging information – it is also a vital part of Know Your Customer (KYC) […]
Highlights of 2021 – a Year of Growth For iDenfy
What a year! In 2021, iDenfy experienced a great number of exciting partnerships, attracted talented new members, reached a milestone in sales revenue, created various useful products, and received an assembly award for accomplishments in the identity verification world. The mission to stop fraud isn’t easy, but this year’s rapid growth showed that anything’s possible. […]