Category: fraud prevention
ID Verification Regulations and Online Sports Betting
Earlier this year the Supreme Court of the United States repealed the Professional and Amateur Sports Protection Act (PASPA) of 1992. The PASPA was a law that outlawed sp...
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Finding the Best Digital Onboarding Provider for Millennials
Millennials became the largest segment of the American workforce in 2016, making up about 53% of the workforce. This means they have a huge amount of economic power. Bank...
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Verifying Identities to Stop Synthetic Identity Theft
As technology advances, so do fraud techniques. Online platforms are changing the ways criminals perform their nefarious activities. These customer-not-present environmen...
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Fraud Prevention Services Help Meet PSD2 Requirements
In 2015, the European Union (EU) passed Payment Service Directive 2 (PSD2), revising existing regulations aimed at regulating payment services and payment service provide...
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The Pros and Cons of Credit Header Data for Identity Verification Checks
The header information is top-level data from a credit file. It provides basic information about the person to verify identity. The types of data found in credit reports ...
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A Biometric ID Check Shows its Strength for Identity Verification
Biometric ID checks were developed to verify individuals based on who they are. They make use of statistical, mathematical, imaging and computing techniques to determine ...
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How Financial Institutions Should Handle a Politically Exposed Person
The Financial Action Task Force (FATF) defines a politically exposed person (PEP) as someone who has been be abused. There have been many examples of PEPs being associate...
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Is your Personal Information being Verified in a Foreign Home?
Identity verification occurs in many different situations. From employment screening to onboarding at a financial institution, they are a regular part of our everyday liv...
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ID Verification: How to enhance fraud prevention and digital security?
It was July 18th. Mollie Tibbetts was at home dog sitting when she decided to go on her evening run. This was the last time anybody saw her. Fast forward to August 21st a...
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