21
Oct
There are many reasons why scammers do what they do. One of their main motivations is money, but in the case of ransomware, data breaches, or virus attacks, sometimes the...
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fraud prevention
01
Sep
Due to recently passed anti-money laundering (AML) legislation, age verification and new player identity verification must be completed by gambling and gaming websites operating in specific jurisdictions around the globe....
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25
Aug
In the UK, the overall value of online banking fraud has drastically increased in the past ten years. New legislation and regulatory frameworks are aiming to curb these increases. However,...
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02
Aug
Identity document validation (and detecting fraudulent identity documents) is a major part of a robust Know Your Customer (KYC) process. Authenticating and verifying government-issued identity documents is becoming more complex...
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09
Apr
Ever since the advent of blockchain and bitcoin, things have looked very different. Initially, most people wrote bitcoin (which was the first cryptocurrency) off. Since its meteoric rise in 2019...
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02
Apr
“Financial institutions have been hit with $10.4 billion in global fines and penalties related to Anti-money laundering (AML), know your customer (KYC), data privacy, and MiFID (Markets in Financial Instruments...
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13
May
Currently, the cybersecurity risks for financial institutions is high. In recent years, there have been over one billion cyber attacks on financial institutions. They have faced significantly more attacks than...
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25
Mar
Money laundering is the process by which financial transactions are conducted in a way that obscures the link between the funds and their origins. Annually, money laundering makes up 2...
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04
Mar
Still confused about Real ID? You are not alone. The Real ID Act is a federal security regulation that changes identification requirements for United States citizens. It was passed after...
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25
Feb
The American 2018 midterm election was the costliest election in American history. It was an extremely important election that has changed the course of American politics for years to come....
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