Shufti Pro makes fraud report available, upgrades AML capabilities
More than 1 in 7 attempted online financial transactions in 2022 was fraudulent, according to Shufti Pro‘s ‘Identity Fraud Report…
AML
Biometric Update regularly writes articles about the topic "AML." The following list of links is available to assist you with finding biometrics news concerning "AML" and other relevant terms. Additional topics may be explored by accessing our entire Biometrics Topics list.
Sumsub, iDenfy, Identomat and Plaid each move to ease compliance checks for businesses
A ‘Complete Guide to Business Verification (KYB)’ has been published by Sumsub to help B2B companies mitigate rising fraud rates…
ScreenlyyID
ScreenlyyID is a powerful, global, end-to-end solution for instant identity and biometric verification,KYC and AML fraud prevention and management as…
Zimbabwe telco to introduce digital KYC amid rising cyber fraud concerns
High levels of cyber fraud are pushing businesses in Africa, including telcos and those in the fintech space, to implement…
Sumsub says digital ID can speed up onboarding in emerging markets
The use of digital ID technologies, alongside government databases, can substantially speed up the identity verification process in emerging countries….
Fintechs sign up for biometric customer onboarding from Ondato, Onfido, ID-Pal
Identity verification and selfie biometrics providers Ondato, Onfido and ID-Pal have announced new fintech customers. Lithuanian know-your-customer (KYC) solution provider…
KYC and AML costs add up, compliance with biometrics costs less: Ondato
The cost of anti-money-laundering (AML) processes for major European banks averages €14.25 million (US$15.15 million) each year, with each of…
ID fraud rises worldwide but biometrics helps KYC
Several companies in the know-your-customer (KYC) and anti-money laundering (AML) spaces have recently shared new insights into the industry. The…
EU banks struggle with KYC and AML budgets, but biometrics help applications worldwide
European banks are dedicating the majority of their AML (anti-money laundering) and KYC (know your customer) budgets to manual processes…
Selfie biometrics rollouts keep pace as eID cautions careful KYC and AML decisions
A biometrics vendor is reminding stakeholders that know-your-customer (KYC) and anti-money laundering (AML) solutions based on single-image selfie biometrics are…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection