Author: Jay Raol
EU AML Crypto Rule Update: European Union Moves Toward Full Transaction Traceability
The use of Convertible Virtual Currencies (CVCs) or “crypto” for illicit use has risen sharply this year. Fines and restraining orders are being levied against fintec...
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Facial Biometrics Screening For Identity Verification: Dispelling Myths & Deterring Facial Spoof Attacks
Introduction Biometrics is a process by which a person’s identity can be verified using their unique biological characteristics. These characteristics could be fingerpr...
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50 Statistics on Money Laundering Around the World
Money laundering is known for making financial organizations fight tooth and nail for its permanent destruction. It has become a universal concern for administrati...
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Digital COVID Travel Passes: Biometrics & Facial Recognition Ensure Airline Passenger Health Worldwide
“Global tourism suffered its worst year on record in 2020, with international arrivals dropping by 74%,” according to the latest data from the World Tourism Organizat...
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Press Release: IDMERIT CEO Tony Raval Featured Guest on UBS Profiles in Business Podcast
San Diego, California, May 4, 2021 – Tony Raval, CEO of IDMERIT, was a featured guest on the UBS’ Profiles in Business with Jared Papin podcast. Profiles in Busin...
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Crypto Regulations 2021: What Digital Currency Providers Must Do To Stay Compliant
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 i...
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An ultimate Checklist for KYC Compliance to protect financial institutions
While the digitization of the process of transferring and receiving money has evolved, it has certainly brought some setbacks with it, one of the biggest being the possib...
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Theft, Ponzi Schemes, & KYC Challenges Rampant in the Crypto Space
Know Your Customer (KYC), which can also be called Know Your Client, is mandatory for banks, money service providers, and cryptocurrency exchanges. KYC allows f...
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How Customer Identity Verification Can Improve Guest Experience
The Problem Imagine this scenario: You are tired after a long flight and anxious to get to the hotel. Upon arriving, you are stuck at the front desk going through a lengt...
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