UK public and private sectors fight wave of online fraud
Scams are on the rise in the UK according to a fresh report from LexisNexis Risk Solutions. The government is…
AML
Biometric Update regularly writes news related to the term "AML." The following list of links is available to assist you with finding biometrics news related to "AML" and other relevant terms. Additional tags may be perused by reviewing our complete Biometrics Topics list.
iGaming white paper 2023
With 2.2 billion virtual players worldwide, the online gaming market continues on an upwards trajectory of exponential growth; the market…
KYC and AML in the MENA region 2023
In recent years, the Middle East and North Africa has experienced exponential growth, much of which can be attributed to…
Nigerians raise eyebrows as CBN tells banks to require social media accounts for KYC
There have been mixed reactions by concerned parties in Nigeria following a directive by the country’s Central Bank (CBN) for…
VC, Alphabet fund development of AML products
Internal and external investment in digital identity-based, crime-curbing AI continues. Venture fund Notion Capital has put $11 million into fintech…
Plaid doubles down on identity verification as businesses seek compliance improvements
Global payments processor Plaid will now allow users to verify their identity across any service powered by Plaid. This means,…
Live biometrics checks ‘the only way’ to prevent identity scams in finance
In a recent podcast from PaymentsJournal, Micheal Sheehy, chief compliance officer at payments firm Payoneer, pointed to large-scale recent fraud…
Onfido adds ETSI identity proofing certification to support customer expansion
UK-based biometric identity verification provider Onfido says it has achieved the latest European standard for identity proofing and trust services,…
Shufti Pro, Innovatrics, and Fourthline ink KYC deals as consumer interest in AML spikes
Selfie biometrics and liveness detection vendors are extending their reach amid an upswing in consumer concern about money laundering and…
Teen-focussed fintech signs with Yoti to enhance security, verify age
Modak, a fintech company that provides financial services and education to teenagers, recently partnered with Yoti, a digital identity company,…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection