The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    us

    18.117.166.111

    Singapore Police Warn Citizens of Prevailing SMS Phishing Scams

    n-img-singapour

    The Singapore Police Force has warned citizens about SMS fraud targeting people with similar sender IDs. 

    The public has been advised not to share their credentials in response to any SMS with web links asking recipients to login into their accounts and share their passwords.

    On Sunday, the Singapore Police Force (SPF) warned people about an SMS phishing scam targeting victims with similar sender IDs. Scammers apply sophisticated fraudulent techniques to obtain the Singpass users’ login credentials. 

    The police said that proliferating cases regarding monetary scams are a sensitive matter. In these scams, people receive unsolicited SMS with the Sender’s ID that contains similarities to Singpass like MySingpass or SGSingpass.

    In SMSes, it’s shown that the Singpass accounts of the recipients had been or will be deactivated soon. So the recipients must conduct a facial verification process for which they must log into Singpass through a web link that scammers provide in the messages. 

    When a person clicks on the link, they are directed to a Singpass login webpage and require credentials such as a Singpass ID and password.

    After that, they are required with a two-factor authentication page that asks for the Singpass one-time password. People only realise that they have been scammed when they receive an alert from Singpass regarding the upgradation of their profile or a notification that they had signed up for bank accounts.

    The police said, “While the authorities have taken down the phishing websites, user vigilance is crucial in our fight against evolving scams.”

    Authorities addressed the issues and said, “The police and GovTech would like to advise members of the public to be on heightened alert.”

    The public has been advised that Singpass doesn’t send any SMS with web links asking recipients to login into their accounts and share their credentials, such as passwords and one-time passwords; that’s why people should not share their personal data in any way. 

    “If you suspect that your Singpass account has been compromised, reset your Singpass password immediately,” said the police.

    Users have been advised to update their contact details and enable notifications through their Singpass app to get an immediate alert in case of any suspicious login. 

    Suggested Read: Danske Bank Fined €1.82m Over AML and CTF Breaches

    Related Posts

    News

    FATF to Decide Grey Listing of South Africa

    FATF will announce its decision regarding the greylisting of South Africa on 24th February 2023. ...

    FATF to Decide Grey Listing of South Africa Explore More

    News

    US Treasury Department Discloses Latest Beneficial Ownership Information (BOI) Guide

    The Money Laundering Bureau of the US Treasury Department issued the latest guide to assist small...

    US Treasury Department Discloses Latest Beneficial Ownership Information (BOI) Guide Explore More

    News

    US Treasury Launches New Financial Force to Combat Illegal Fentanyl Trade

    The US Treasury Department has announced the launch of the Counter-Fentanyl Strike Force to comba...

    US Treasury Launches New Financial Force to Combat Illegal Fentanyl Trade Explore More

    News

    Sri Lankan Regulatory Authorities Enforce AML/CFT Measures to Avoid FATF Grey and Black List

    The Financial Action Task Force (FATF) started cracking down on Sri Lanka’s financial institutes ...

    Sri Lankan Regulatory Authorities Enforce AML/CFT Measures to Avoid FATF Grey and Black List Explore More

    News

    China’s Central Bank Fines Zhongtian Securities $216k for AML Breaches

    China’s Central bank has fined Zhongtian Securities Co. Ltd. 1.37 million yuan ($216,000) for AML...

    China’s Central Bank Fines Zhongtian Securities $216k for AML Breaches Explore More

    News

    Fintech funding dwindles amidst Coronavirus pandemic

    Fintech funding reduced at the beginning of 2020 because the COVID-19 outbreak began to hit late ...

    Fintech funding dwindles amidst Coronavirus pandemic Explore More

    News

    Kansas Reports Highest Number of Identity Theft Cases in 2020

    New research conducted reveals that Kansas State has been ranked at number one for having the mos...

    Kansas Reports Highest Number of Identity Theft Cases in 2020 Explore More

    News

    Liberian Ministers Allegedly Laundering Money Using Foreign Lobbying Contracts, Investigation Reveals

    Liberia, one of the poorest countries in the world, is said to spend an enormous and highly suspi...

    Liberian Ministers Allegedly Laundering Money Using Foreign Lobbying Contracts, Investigation Reveals Explore More

    News

    CBA Fails to Disclose AML Non-Compliance to Investors, A Court Hears

    A court has heard that the CBA should have informed the market that it may have engaged in “law-b...

    CBA Fails to Disclose AML Non-Compliance to Investors, A Court Hears Explore More

    News

    Saudi Arabia has Achieved Another Victory in the Battle Against Financial Crimes

    Saudi authorities seized $1.06 million from a criminal gang accused of money laundering. The culp...

    Saudi Arabia has Achieved Another Victory in the Battle Against Financial Crimes Explore More

    News

    Malta Claps Back To Allegations Of “Lax Crypto Oversight”

    A business unit within Malta’s Chamber of Commerce has shut down all accusations that state that ...

    Malta Claps Back To Allegations Of “Lax Crypto Oversight” Explore More

    News

    US Ambassador Highlights how Liberia can Improve its AML/CFT Laws

    Monrovian embassy of the United States’s ambassador, Micheal A. McCarthy, supports the National R...

    US Ambassador Highlights how Liberia can Improve its AML/CFT Laws Explore More

    News

    FBI and the U.S. Marshals Service Warn of Prevailing Telephone Scams

    FBI and the U.S. Marshals Service have warned of prevailing telephone fraud in which callers act ...

    FBI and the U.S. Marshals Service Warn of Prevailing Telephone Scams Explore More

    News

    UAE to Demonstrate Effective Financial Crime Prevention to be Removed From FATF Gray List

    The economic secretary of the UK recently stated (April 25th, 2023) that the United Arab Emirates...

    UAE to Demonstrate Effective Financial Crime Prevention to be Removed From FATF Gray List Explore More

    News

    Revised Financial Regulations in South Korea Now Covers Crypto Investors

    The financial regulators in South Korea announced that domestic crypto investors would be covered...

    Revised Financial Regulations in South Korea Now Covers Crypto Investors Explore More

    News

    Malta Should Remain Vigilant Against Money Laundering, Says FATF President

    FATF President Marcus Pleyer says that Malta must prioritise its fight against  illicit financial...

    Malta Should Remain Vigilant Against Money Laundering, Says FATF President Explore More

    News

    Govt assists Struggling Swiss Crypto Valley

    Switzerland’s “Crypto Valley” is in talks with the federal government for fixing a 100 million Sw...

    Govt assists Struggling Swiss Crypto Valley Explore More

    News

    HEDA Calls for Professional Regulatory Bodies to Sanction Corruption Enablers

    The Human and Environmental Development Agenda (HEDA), the leading civic society organization on ...

    HEDA Calls for Professional Regulatory Bodies to Sanction Corruption Enablers Explore More

    News

    Action Fraud Fund Report Exposes Billion-dollar Cryptocurrency Scams

    The Action Fraud Fund report exposes the extent of cryptocurrency fraud and Ponzi schemes circula...

    Action Fraud Fund Report Exposes Billion-dollar Cryptocurrency Scams Explore More

    News

    India to Introduce Physical Cryptocurrency Bank Branches

    India has been rapidly adopting the changes in the digital world and introducing physical banks f...

    India to Introduce Physical Cryptocurrency Bank Branches Explore More

    News

    Vietnam Govt to Introduce Crypto Research Group to Evaluate Policy

    Vietnam’s Ministry of Finance has plans of establishing a research group with the aim of studying...

    Vietnam Govt to Introduce Crypto Research Group to Evaluate Policy Explore More

    News

    B.C. Real Estate Company Fined $230K for Multiple AML Violations

    Nu Stream Realty Inc. has been fined $230,423 for failure to comply with federal Anti-Money Laund...

    B.C. Real Estate Company Fined $230K for Multiple AML Violations Explore More

    News

    Gambling Commission Fines Entain £17m for Social Responsibility & Anti-Money Laundering Failures

    Ladbrokes owner Entain has been fined £17m by the Gambling Commission for social responsibility a...

    Gambling Commission Fines Entain £17m for Social Responsibility & Anti-Money Laundering Failures Explore More

    News

    Poker Machines Being Preyed by Criminals Amidst COVID-19 Pandemic

    During the five months of lockdown due to the COVID-19 pandemic, there has been a growth of 305 U...

    Poker Machines Being Preyed by Criminals Amidst COVID-19 Pandemic Explore More

    News

    IMF Advocates CBDC and Global Crypto Regulations for Financial Stability

    The new policies advocated by the IMF seek to minimize financial risks associated with the global...

    IMF Advocates CBDC and Global Crypto Regulations for Financial Stability Explore More

    News

    UAE Authorities to Coordinate Efforts Against ML/TF Among NPOs

    The UAE’s Ministry of Community Development and the Financial Intelligence Unit have established ...

    UAE Authorities to Coordinate Efforts Against ML/TF Among NPOs Explore More

    News

    UAE Strengthens AML Measures to Bolster Virtual Asset Framework

    The UAE’s anti-money laundering and counter-terrorism financing department stated it continues bo...

    UAE Strengthens AML Measures to Bolster Virtual Asset Framework Explore More

    News

    UAE Central Bank: AML Guidelines Issued for Licensed Financial Institutes

    The UAE Central Bank has issued guidance for financial institutes to fight money laundering, terr...

    UAE Central Bank: AML Guidelines Issued for Licensed Financial Institutes Explore More

    News

    Estonian Government to Strengthen AML Framework to Lift Crypto Ban

    The Estonian Finance Ministry drafted AML amendments that will affect virtual asset service provi...

    Estonian Government to Strengthen AML Framework to Lift Crypto Ban Explore More

    News

    FinCEN Calls in Bankers to Assess AML/CFT Risks in DeFi

    The Financial Crimes Enforcement Network (FinCEN) is focusing on DeFi oversight as government bod...

    FinCEN Calls in Bankers to Assess AML/CFT Risks in DeFi Explore More

    News

    FATF Calls for Urgent Implementation of Crypto Information Sharing Mechanisms

    FATF has published a report to call on the countries to the implementation of travel rules to und...

    FATF Calls for Urgent Implementation of Crypto Information Sharing Mechanisms Explore More

    News

    FIAU Fines iGaming Company Approximately €236,789 for Money Laundering

    The Financial Intelligence Analysis Unit has ordered a Malta-based remote gaming operator to pay ...

    FIAU Fines iGaming Company Approximately €236,789 for Money Laundering Explore More

    News

    Southern District of New York Alleges Danske Bank against Serious AML Scandal

    SDNY sentences Danske Bank with three years of probation on the tale of whistleblowing and mislea...

    Southern District of New York Alleges Danske Bank against Serious AML Scandal Explore More

    News

    Belgian Banks to Establish a Platform to Reveal Anti-Money Laundering data

    Belgium’s one of the leading bank chain has now suggested developing a platform that will allow p...

    Belgian Banks to Establish a Platform to Reveal Anti-Money Laundering data Explore More

    News

    Experts Warn Many Firms Will Face Challenges With Latest FCA UK Crypto Law

    The UK’s Financial Conduct Authority (FCA) updated the crypto industry regulations recently, whic...

    Experts Warn Many Firms Will Face Challenges With Latest FCA UK Crypto Law Explore More

    News

    Cryptocurrencies marked as top AML and CFT Priority by FinCEN

    FinCEN will soon be publishing regulations on how financial institutions can incorporate cryptocu...

    Cryptocurrencies marked as top AML and CFT Priority by FinCEN Explore More

    News

    South Africa’s Addition to FATF Gray List Causes Unforeseen Repercussions on Tax Law Implementation

    Tax Consulting SA’s report has revealed that greylisting has caused disquietude surrounding...

    South Africa’s Addition to FATF Gray List Causes Unforeseen Repercussions on Tax Law Implementation Explore More

    News

    Remarkable Progress in Facial Recognition Revealed by a New Study

    Could you have imagined a few years ago that you could be identified from your brain scan? The id...

    Remarkable Progress in Facial Recognition Revealed by a New Study Explore More

    News

    US Cybersecurity Head Fired by Trump for Discrediting the Voter Fraud.

    Trump has fired the head of cybersecurity, Christopher Kerbs, for beinhg unloyal to the claims of...

    US Cybersecurity Head Fired by Trump for Discrediting the Voter Fraud. Explore More

    News

    455 Social Media Accounts Flagged for Rolling Out Fake IDs – Europol Reports

    455 social media accounts flagged by Europol, which were providing fake identity documents to ill...

    455 Social Media Accounts Flagged for Rolling Out Fake IDs  – Europol Reports Explore More

    News

    Central Bank of Nigeria Lifts Limit on $10k Deposits for Domestic Account Holders

    Domestic account holders of Nigeria will be able to access the funds in their accounts without hi...

    Central Bank of Nigeria Lifts Limit on $10k Deposits for Domestic Account Holders Explore More

    News

    SkyCity Entertainment Earmarks $29m for Anticipated AML/CFT Regulations Fine

    Australian gaming company, SkyCity Entertainment, has provisioned $29m in anticipation of a civil...

    SkyCity Entertainment Earmarks $29m for Anticipated AML/CFT Regulations Fine Explore More

    News

    FCIU Uncovers Money Laundering Patterns Through Social Media Scams

    South Yorkshire law enforcement authority has seized EUR 70,000 placed in the illicit gambling ac...

    FCIU Uncovers Money Laundering Patterns Through Social Media Scams Explore More

    News

    Brazil to Adopt Tougher Penalties to Curb Money Laundering via Digital Currencies

    The fine for digital currency money laundering in Brazil is set to be raised to two-thirds of the...

    Brazil to Adopt Tougher Penalties to Curb Money Laundering via Digital Currencies Explore More

    News

    South Korea’s Telecom Giant to Introduce Blockchain Wallets for Official Documents

    SK Telecom, a South Korean telecom giant, has announced its first e-wallet for digitally storing ...

    South Korea’s Telecom Giant to Introduce Blockchain Wallets for Official Documents Explore More

    News

    NAB Updating KYC Data of 9M Customers

    Project Apollo has been initiated by NAB in an attempt to meet AML obligations.  In August 2021, ...

    NAB Updating KYC Data of 9M Customers Explore More

    News

    Financial Regulators in Uganda Demands Government to Set Crypto Regulations

    Uganda’s financia regulators, Financial Intelligence Authority (FIA), want the government to take...

    Financial Regulators in Uganda Demands Government to Set Crypto Regulations Explore More

    News

    New York man charged with trafficking credit card details

    According to a federal indictment, Vitalii Antonenko, 28, was alleged in the U.S District Court f...

    New York man charged with trafficking credit card details Explore More

    News

    After Targeting 30 People, the “Major Identity Theft Player” Got Arrested by MPD

    Roseanna Russell, who the police call ‘mega player’, got caught by the Mobile police. The reports...

    After Targeting 30 People, the “Major Identity Theft Player” Got Arrested by MPD Explore More

    News

    FBI Reveals North Korea’s Lazarus Group Involvement in $41 Million Stake Hack

    US Federal Bureau Investigation (FBI) has revealed that the North Korean hacking group, Lazarus, ...

    FBI Reveals North Korea’s Lazarus Group Involvement in $41 Million Stake Hack Explore More

    News

    Latvia’s Bank Rietumu Fined EUR 5.85M Over Money Laundering Failures

    The Financial and Capital Market Commission has fined Bank Rietumu EUR 5.85 million over failures...

    Latvia’s Bank Rietumu Fined EUR 5.85M Over Money Laundering Failures Explore More

    News

    New European Legislative Proposals to Transform the Digital Platforms

    A new act is proposed by the European Commission to enhance digital spaces. A new set of rules ha...

    New European Legislative Proposals to Transform the Digital Platforms Explore More

    News

    Hacker attempts to steal crypto via fake Google Chrome extensions

    A hacker is exploiting trust in renowned brands by creating fake cryptocurrency wallet extensions...

    Hacker attempts to steal crypto via fake Google Chrome extensions Explore More

    News

    KYC Alliance between Dubai Economy and six banks

    As reported by Gulf News, Dubai Economy along with Emirates NBD, Emirates Islamic, HSBC, RAKBANK,...

    KYC Alliance between Dubai Economy and six banks Explore More

    News

    Spanish Regulatory Authorities Take Action Against Illegal Crypto Promotion on Social Media

    The Spanish National Securities Market Commission (CNMV) is preparing rigid measures to prevent i...

    Spanish Regulatory Authorities Take Action Against Illegal Crypto Promotion on Social Media Explore More

    News

    South Africa Must Fix Holes in Money Laundering Regulation by 2025, Warns FATF

    South Africa needs to improve its Anti-Money Laundering and Counter-Terrorist Financing regulatio...

    South Africa Must Fix Holes in Money Laundering Regulation by 2025, Warns FATF Explore More

    News

    AMLA Adds New Protections and Financial Incentives for US Whistleblowers

    Anti Money Laundering Act 2020, has amended the recently enacted AML whistleblower improvement ac...

    AMLA Adds New Protections and Financial Incentives for US Whistleblowers Explore More

    News

    AML and Crypto Fines Surge to £4bn in Regulatory Crackdown

    The global AML fines surged 53% in 2022, while crypto fines rose over 90% as regulators cracked d...

    AML and Crypto Fines Surge to £4bn in Regulatory Crackdown Explore More

    News

    Kinahan Cartel Under Pressure as European Union Places UAE on ‘Blacklist’

    The Kinahan Cartel is under great pressure after the European Union (EU) places the UAE on the ‘b...

    Kinahan Cartel Under Pressure as European Union Places UAE on ‘Blacklist’ Explore More

    News

    Illicit Betting Report by the UK’s Gambling Industry Misguided the Regulators

    UK’s Gambling Firms are being accused of exaggerating the numbers on the black market betting rep...

    Illicit Betting Report by the UK’s Gambling Industry Misguided the Regulators Explore More

    News

    UAE Charges Six Companies with Dh3.2 Million for AML/CTF Violations

    The UAE has fined six companies Dh3.2 million for failing to comply with Anti-Money Laundering an...

    UAE Charges Six Companies with Dh3.2 Million for AML/CTF Violations Explore More

    News

    Man arrested for money laundering offenses related to COVID-19

    A 39-year-old Singaporean man has been apprehended for his suspected involvement in money launder...

    Man arrested for money laundering offenses related to COVID-19 Explore More

    News

    HKMA imposed a HK$6 million fine on Commerzbank for AML Failure

    HKMA imposed a HK$6 million fine on Commerzbank for anti-money laundering failure. The bank has b...

    HKMA imposed a HK$6 million fine on Commerzbank for AML Failure Explore More

    News

    Money Laundering Proceedings Against Pilatus Set Back Indefinitely

    Money laundering proceedings against Pilatus Bank and its former top officials will likely be set...

    Money Laundering Proceedings Against Pilatus Set Back Indefinitely Explore More

    News

    Brazilian Police Confiscates $33 M in Crypto Money Laundering Probe

    Brazilian authorities have seized R$172 million from an investigation carried out into money laun...

    Brazilian Police Confiscates $33 M in Crypto Money Laundering Probe Explore More

    News

    Man arrested for money laundering offenses related to COVID-19

    A 39-year-old Singaporean man has been apprehended for his suspected involvement in money launder...

    Man arrested for money laundering offenses related to COVID-19 Explore More

    News

    Taiwan’s Security Watchdog is Set to Regulate Local Crypto Industry to Prevent Money Laundering

    Taiwan’s top financial regulator is set to become the primary oversight body to monitor the...

    Taiwan’s Security Watchdog is Set to Regulate Local Crypto Industry to Prevent Money Laundering Explore More

    News

    DC lawyers can now accept crypto for legal fees

    According to a report by Bloomberg Law, cryptocurrency can now be used to pay for legal services ...

    DC lawyers can now accept crypto for legal fees Explore More

    News

    CBUAE Cancels Registration of Insurance Broker for AML Non-compliance

    The Central Bank of the UAE (CBUAE) has cancelled Al Fazaa’s registration as an insurance a...

    CBUAE Cancels Registration of Insurance Broker for AML Non-compliance Explore More

    News

    FATF puts South Africa and Nigeria on Anti Money Laundering Gray list

    The global financial watchdog puts Africa’s two biggest economies on Anti-money laundering grey l...

    FATF puts South Africa and Nigeria on Anti Money Laundering Gray list Explore More

    News

    New Zealand to Update AML/CFT Regulation ​​from 9 July 2021

    Among other changes, reporting entities have been directed to conduct customer due diligence on n...

    New Zealand to Update AML/CFT Regulation ​​from 9 July 2021 Explore More

    News

    Brazilian Police Block Crypto Assets Due to Suspected Fraud

    Brazilian police have requested the court to block the virtual assets of suspected digital tradin...

    Brazilian Police Block Crypto Assets Due to Suspected Fraud Explore More

    Take the next steps to better security.

    Contact us

    Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

    Contact us

    Request demo

    Get free access to our platform and try our products today.

    Get started