Liveness Detection to prevent Spoofing Attack

If you think biometric face recognition systems are not vulnerable to spoofing attacks, you’re mistaken. Over the past few years, biometric face spoofing attack have increased significantly all across the globe. Nowadays, hackers are trying everything possible (from 3D mask to printed photos) to bypass biometric face authentication systems. Even they’re using photos from Facebook …

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What is Biometric Authentication?

What is Biometric Authentication?

Biometric authentication is indeed an advanced technology that takes into account the biometric data retrieved from a physical user to cross-match these details against a particular device or security area which the person is trying to access. Suppose you want to fully secure an area or a particular digital asset from unauthorized personnel, your best …

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What is AMLD5?

What is AMLD5?

What is AMLD5 (Anti Money Laundering Directive 5)? Why AMLD5 is important and necessary? Danske Bank case, Panama papers, and paradise leaks are some of those money laundering scandals that have taken the entire world by storm. Such revelations of fraud have compelled governments and regulatory authorities across the globe to take rigorous steps to …

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What is Anti Money Laundering?

What is Anti Money Laundering?

Over the past few years, money laundering has turned into a disaster for firms and institutions associated with the financial sector. As a result, governments have been actively looking for innovative ways to fight against money launderers. They are putting various policies in place to prevent money laundering called anti-money laundering policies. In this post, …

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Know Your Customer: The Process and How it works

Know Your Customer: The Process and How it works

Know Your Customer or KYC is a vital customer identification tool that companies and financial institutions use during the customer onboarding process. Since its inception, KYC has become a significant tool to fight financial crimes and cyberattacks. Countering the financing of terrorism (CFT) and anti-money laundering (AML) define and constantly update their guidelines to fight …

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What is Digital Identity Verification?

What is Digital Identity Verification?

What is identity verification, and how it works? It is a question which often comes to our minds in nowadays world. What is Identity? An identity can be a series of specific claims that describe an individual. They may be comprised of fingerprints, date of birth, ethnicity, and other permanent traits. Traits that are semi-permanent might …

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