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

    Fight Fraud Proactively and Reduce Fake Customer Accounts With Shufti’s AI-powered ID Document Forgery Detection

    b-img-fighting-comp

    Bank statements, land documents, and social security checks are frequently forged. Document forgery used to be quite a challenging task before digital transformation took its hold on the global economy. In today’s social media age, data scraping and photo editing tools are making it easier to gather personally identifiable information that can be used to design a fake document. However,  the practice of creating fake documents to manipulate legal systems is not a new concept. Document forgery has a long history that costs businesses billions of dollars annually in losses, penalties, and brand reputational damage.

    Often, there is a prank element with document forgery which is why forgery detection solutions have become a critical part to identify such fraudulent attempts, yet debates about the validity of documents are often long drawn out controversies. Recent advances in how to identify ID documents forensically have also highlighted the need for more sophisticated and informed methods to overcome the challenge of authenticating refuted information. However, technology is evolving these procedures making them smarter and more robust. This is great not only for businesses but also unfortunately also becoming favorable for criminals who are looking to manipulate banks and other institutions. 

    Document Forgery – Everything Businesses Need to Know

    Document forgery is a serious crime that involves the creation of fake ID documents to give the appearance of legal significance that is not true. 

    The most common types of forged documents are:

    • Passports
    • Driver’s licenses
    • Checks and Financial Statements 
    • Invoices and Contracts
    • ID cards and birth certificates

    There are numerous kinds of techniques to forge a document, including falsifying information or replacing the images in the authenticated documents. 

    Top 3 types of Document Forgery 

    • Freehand Simulation: This is when a document forger tries to replicate the handwriting, signature, or design of legit identity documents.
    • Tracing: Duplicating handwritten text, official signatures, and document designs through transmitted light or carbon tracing, in which a criminal places a sheet over the original documents to make identical forged copies.
    • Electronic Manipulation: Using photoshop or any other photo editor to copy the signatures imprinted in legal documents and then paste them into fake copies, as well as manipulating other information.

    History of Document Forgery – A Detailed Overview 

    The art of document forgery is as old as the alphabet. This crime has been practiced since ancient times in every country around the world where writing existed and paper-based identity or financial documents were used for legal activities and transactions. Various laws and regulations to fight the document of grey can be traced to 80 BC when the government of Rome prohibited the creation of false land transfer documents. Forgery was also prevalent in Europe in the middle ages but with time laws were introduced to restrict such criminal activity in every developed country. Yet, over time it became challenging to detect sophisticated forgeries attempts.

    In 1562, the Government of England passed a law prohibiting the forgery of public records and officially sealed documents especially as it related to land.

    In 1726, with the expansion of these laws, false endorsement on unsealed private documents was declared a capital crime punishable with the death penalty. Hefty fines, imprisonments, and pillory were also among the penalties for non-compliance. 

    In 1819, the Government of England issued one-pound currency notes made with simple pen and ink inscriptions on ordinary white paper which increased the number of forgery cases. Over the next seven years, nearly 94,000 criminals were arrested and 7700 of them were sentenced to death for making fake pounds.

    In 1823, the Government of the United States came up with a principal federal forgery law to prohibit forgery or the manipulation of legal documents for the purpose of gaining financial benefits. The American Law Institute’s Model Penal Code of 1962 simplified and clarified the elements of forgery and became the standard for defining forgery-related crimes.

    Famous Document Forgeries that Changed History — Almost

    History is full of cases where document forgery, falsification, and manipulation affected governments, businesses, and individuals. Many papers believed to be authentic looked legitimate until they were later proved to be fake. Paper-based documents have existed for centuries to govern every aspect of society, from literature to history to law. Since then, criminal masterminds have intentionally created duplicate or fake versions of famous and government documents to reap personal and financial gains.

    Here are some of the famous cases of historical forgeries along with their climax – a time when document falsification and forgery were eventually exposed globally;

    Shakespeare Forgery

    Sometimes criminals don’t create fake documents for money. William Henry is an example of a manipulator who forged documents to get public attention. The forger claimed to find a stack of plays and several letters written by the famous writer William Shakespeare in 1975. As Henry belonged to a trustworthy family, people began to believe that the documents were legitimate. In practically no time, the fans of the famous writers agreed that the letters were indeed written by Shakespeare. Meanwhile, when the letters and stories began to get published, many people reached with suspicion. Once the public had the opportunity to verify the writing, it became crystal clear that it was an elaborate fraud. Years later, the convicted forger confessed and was eventually held answerable for his blatant fraudulent activity.

    Adolfo Kaminsky Forgery

    Not all document forgery activities were carried out for personal gains. Adolfo Kaminsky, a teenage freedom fighter trapped in occupied France after World War 2, is an exceptional example. The boy tried hard to understand how dry cleaning chemicals worked to create fake documents with the aim of saving the many Jews held captive in Nazi-ruled areas. Adolfo even worked with the French Resistance after they were released. The forger had expertise in dry-cleaning as well as sound knowledge of other general chemicals, which was necessary to recreate crucial documents such as birth certificates, marriage licenses, and food ration cards.

    Hitler Diaries

    In 1928, the German Federal Archives at Coblenz contacted Bundeskriminalamt with a request to confirm the authenticity of several historical documents. These official papers, allegedly written by Adolf Hitler, had been offered to stern, a West German magazine, which was interested in purchasing them. However, after a journalistic campaign, the Federal Archives were told that Hitler’s diaries could be provided to them for free if they established expert opinions that would not leave any doubt about the authenticity of the documents. An initial forgery analysis revealed that all the documents were examined in daylight which showed a lesser white effect than is found in common writing papers used today. Furthermore, under UV light examination, all the document samples disclosed fluorescence typical of white dyes but which was completely different from the chemical composition of the original documents. The examination results confirmed that the documents were most certainly forged by a criminal named Konrad Kujau.

    Document Forgery in the Digital Landscape [2022 Update]

    For decades, forgers have been targeting businesses, government institutions, and individuals to manipulate them for personal gain. The same frauds are still being performed today but we hardly hear about them because big brands do not like to publicize when they’re defrauded. Unfortunately, humans naturally find such criminal news and stories exciting, which is why they often garner vast attention. While these criminal cases have great potential to inspire today’s fraudsters, most modern forgers are making efforts to find creative new ways to commit this age-old crime by leveraging the latest techniques and technologies.

    Today’s sophisticated fraudsters risk their freedom for many good reasons. The rewards of successful forgery attempts are enormous because digital commerce has made the impossible quite possible to potentially make millions at a click of a button. Digitisation and technological transformation have accelerated which fraudulent activities are conducted and evolved in terms of the types of scams that are now occurring. Simply put, document forgery is now widely considered a white-collar crime that is affecting businesses worldwide.

    Nowadays, data is also considered a form of currency as the proliferation of personally identifiable information including bank details, financial credentials, ID numbers, and other private information opens a way for fraudsters to defraud the system. Large-scale data breaches including account takeover scams and Card-not-Present (CNP) fraud continue to occur resulting in the theft of countless personal and financial records each year. Often, the abducted data is being used to create fake documents which are further used to open bank accounts, credit cards, claim insurance bonuses, and much more. 

    The rapid development of eCommerce solutions and the willingness of global customers to shop online have also prompted fraudsters to carry out document forgery activities for personal benefits. On another hand,  technological transformation is also aiding criminals to carry out their malicious acts. Shifting from providing bad checks to replicating credit cards, they now have instant access to vulnerable data available over the net, especially the ID documents commonly being sold all over the dark web. According to various experts, in this digital era, every 22 seconds, a new victim is being victimized.  Unfortunately, this trend is not showing any signs of slowing down, making it a much bigger issue worldwide than ever before. The United States FTC also claimed that it received 2.8 million fraud reports in 2021. Thus, as technology is evolving, so is fraud, with estimates showing fraud rates will continue to increase over time.

    theft

    Why do Fraudsters Fake Certain Documents?

    Document forgers actively seek out certain countries with lower security levels and weak regulatory systems to try their luck. Particularly, Identity card documents have a higher exposure to forgery because in many countries the national ID documents have fewer security features such as watermarks, holographic patterns, unique inked stamps, etc, which is like winning the lottery for fraudsters. Some countries have electronic identity cards that can be simply printed out on a piece of paper. Such documents have little or no security features, except maybe a QR code.

    Legal Loopholes

    Many countries across the globe have certain loopholes in their laws that provoke fraudsters to falsify documents without facing legal actions or penalties. For example, Article 327 of the Russian Criminal Code clearly states that the manufacturing or forging of legal documents for the purpose of use or sale is illegal. However, if the systems fail to prove that the documents are forged for use or to sell, the cases can’t be prosecuted. That’s why fraudsters use such shortcomings in law to forge documents knowing they’re highly unlikely to be held accountable.

    No Privacy Awareness

    The severity of data privacy and protection laws for securing sensitive information varies country-wise. In Europe, there’s a strict data protection law called “GDPR” yet only 67% of EU citizens are even aware of it. However, the situation in other countries across the globe is way worse. For example, only half of 54 countries in the African region have adequate data privacy and protection laws, unfortunately leaving millions of people helpless in case of a data breach. 

    Citizens not Following the Law

    Countries where people are not following laws are more prone to criminal activities as compared to jurisdictions where regulations are strictly enforced. According to the WJP Rule of Law Index 2020, the people of Denmark, Finland, and Norway are the most law-abiding. On the other hand, Cameroon, Cambodia, and Venezuela are among the most exposed countries where the law is not enforced properly resulting in an evident increase in Identity theft and document forgery cases.

    Document

    Capturing and Validating Identity Documents: A Decisive Moment

    Nowadays, businesses are witnessing significant growth in remote services which has been possible due to the integration of emerging technologies. As a result of this, people are not required to visit an office or a physical location which is turning into a nightmare for businesses as remote services are allowing fraudsters to use other people’s identity information to create fake copies often processed using high-end photo editing software.

    Rapidly-growing deep fake technologies are also paving new opportunities for criminals to carry out identity spoofing. Therefore, due to the increased risk of ID theft and document forgery, identity verification solutions used for physical and remote customer verification and document authentication are becoming more sophisticated. 

    Document security is continuously enhancing; ID documents such as passports, identity cards, and driver’s licenses are becoming more complex technically by incorporating top-notch security features like special protective drawings, holograms, and ink that changes when the light or the angle of inclination changes. For example, passports in many countries have some protective features now that only become visible when a light is reflected, or when they are exposed to ultraviolet light. On top of this, many identity documents also come with machine-readable codes that contain all of the essential information about its owner embedded within the document. Other than this, various countries have also introduced biometric-based official documents containing personally identifiable information including the photo and digital signatures embedded in them.

    Forensic Document Forgery Detection – A Refined Measure 

    Emerging technologies have not only helped businesses with the security of their operations but also eased the ways for imposters to deploy more sophisticated techniques to manipulate security systems. A lot of digital service providers such as Walmart, Amazon, Paypal, Payoneer, and many others have incorporated regulations to verify their customer documents. Yet,  conventional methods of authenticating documents are not liable to serve the purpose of restricting fraudsters from using forged identities. In the UK alone, customers lost £1.3 billion to fraudsters last year which shows a 27% increase from 2020. Therefore, it can be concluded confidently that existing document verification solutions are not enough to control advanced fraud methods which is why businesses need forensic authentication that is more sophisticated and has the capacity to fully counter modern-day scams.

    Digital service providers such as technology companies, financial institutions, and immigration departments are at a high risk of document fraud. Imposters deploy forged documents to bypass security, claim the money, submit admissions to colleges & universities, or apply for visas to foreign countries. All online businesses can safeguard their customer onboarding system by incorporating forensic forgery detection techniques that leave no room for criminals to carry out such fraudulent activities. 

    Document Checks: Ensuring High-Quality Evidence 

    Documents such as identity cards, wills, contracts, deeds, stamps, bank cheques, and machine-generated files hold special security features that need to be verified in order to detect signs of forgery. 

    Official documents that don’t have high-security features like identifiable marks may contain hidden impressions. In case,  when fraudsters try to replicate official papers by placing them under another document for tracing the genuine format, noticeable traces are left that can be easily detected. Even the discarded documents that were shredded may prove to be valuable for examination. In digital documents, the metadata of the electronic signature files is also examined for verification as it contains essential information about the owner.

    SP fraud report

    Forensic Document Verification – How is it Performed?

    Forensic document forgery detection can be carried out in two primary ways; either the examiner can perform a forensic exam in a  laboratory or one can use a digital document verification solution. If a given agency lacks document forgery analysis capabilities and tools, it can simply outsource document forgery detection to a technology provider like Shufti. 

    Forensic document forgery detection involves the implementation of scientific rules in verifying document authenticity. To do so efficiently, technology companies and SaaS providers have come up with digital document forgery detection solutions.

    In this modern era, the use of forensic sciences is rising, especially in legal and government sectors where no documents are accepted without thorough verification. By utilizing various techniques like handwriting validation, ultraviolet ray examinations, microscopic analysis, data extraction with OCR technology, and infrared imaging, a document is rigidly examined to detect signs of forgery if present. All major jurisdictions that address fraud seriously where document verification is required have formed a separate department distinctly for this purpose. Likewise, the American Board of Forensic Document Examiners (ABFDE) is the primary department overlooking document forensic operations in the US. 

    Some Regulations Against Document Forgery 

    Document forgery, identity theft, and other serious crimes are prevailing across the world, raising critical questions for regulatory authorities as well as businesses worldwide. Therefore, many countries have taken initiatives and are legislating laws to fight fraud proactively. 

    Australia 

    Under the New South Wales Crimes Act 1900, falsification of signatures is a serious offense where the penalties could be severe, including imprisonment for up to ten years. Other laws are also applicable if the documents turn out to be forged and are being used for personal gains. Section 235 of the Crimes Act states that if an alleged entity is found guilty of document forgery, with the intention of using or selling false documents to others, then it is to be held accountable. In addition to this, under the Australian Federal Law, there are serious consequences for forgery offenses. Under section 144.1 of the Commonwealth Criminal Code Act 1995, the convicted entity can face a penalty of ten years in jail.

    Canada

    According to Canadian Criminal Code 366(1), forgery is when criminals make a fake document, knowing it to be false, with the intention of using or selling it as a legit official document. Under the law, the prosecution can proceed on a summary or indictable basis. Indictable offenses are considered more serious than summary offenses and thus they result in heavier penalties. The maximum penalty for document forgery in Canada is set to ten years in jail, or have to pay a $5,000 fine on a case of summary basis. Forgery cases could become complex and the penalties can lead to serious consequences. 

    What Role Does Document Verification Play in Compliance?

    Digital document verification is not necessarily required as a compliance standard even in regulated industries. However, they practice a manual approach to verify their client documents before onboarding.

    The continued growth of digital services and expansion of online platforms has fueled the demand for remote onboarding and online verification to make the customer experience seamless. However, to meet client demands, various challenges for businesses are emerging to carry out identification manually which drives the need for digital document verification services.

    One industry in which online onboarding services and regulations lead is financial institutions. After the world trade center tragedy and the formation of the Department of Homeland Security, along with the Patriot Act various other regulations were legislated to fight fraud, restrict money launderers, and halt terrorist activities.

    In response to these activities, the following two major regulations were brought into the light which are incomplete without practicing document checks.

    • Know Your Customer: This mandates financial firms to incorporate rigorous customer due diligence procedures, including effective digital identity and document verification measures that can determine the true identities of customers before getting them onboard.
    • Anti-Money Laundering: These laws are intently legislated to curb money laundering and terrorist financing activities worldwide. This includes screening customers against financial crime databases, PEPs, and watchlists. In many countries, AML also requires KYC checks as well.

    How Shufti Can Help

    Identity documents are deemed to be legitimate sources of authenticating customers. Any kind of fraud associated with documents can result in serious consequences i.e. penalties or sanctions. It’s critical for digital businesses to incorporate document forgery detection solutions in order to meet KYC & AML compliance as well as fight evolving crimes. By having document forensic analysis in place, businesses can easily determine the signs of forgery and restrict criminals before getting them on board.

    forensic
    Talk to a KYC Expert

    Related Posts

    Blog

    Forex Market – Are there Enough KYC/AML Regulations to Keep Perpetrators at Bay?

    Regulatory pressure, hefty penalties and increasing criminal instances are some risks associated ...

    Forex Market – Are there Enough KYC/AML Regulations to Keep Perpetrators at Bay? Explore More

    Blog

    Antiquities Market – A Conduit of Money Laundering and Terror Financing

    Money laundering and terror financing through art and antiquities has been a concern of regulator...

    Antiquities Market – A Conduit of Money Laundering and Terror Financing Explore More

    Blog

    Online Identity Verification – How to Secure Online Gaming & Gambling Platforms

    Online gambling is the way to go for betting enthusiasts nowadays and brings both convenience and...

    Online Identity Verification – How to Secure Online Gaming & Gambling Platforms Explore More

    Blog

    Ensuring Compliance and Securing Business Reputation – How Shufti Can Help

    In the highly digitized world, businesses are partnering with each other to serve mutual interest...

    Ensuring Compliance and Securing Business Reputation – How Shufti Can Help Explore More

    Blog

    Record-Breaking Fines on Banks for KYC/AML Non-Compliance

    Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance have been structured to make ...

    Record-Breaking Fines on Banks for KYC/AML Non-Compliance Explore More

    Blog

    KYC Checks in Crypto | A Key to Secure Digital Assets

    In the last thirteen years, the crypto industry has redefined the financial sector. At the same t...

    KYC Checks in Crypto | A Key to Secure Digital Assets Explore More

    Blog

    Blockchain and cryptocurrency security Guide

    Online bitcoin business might have experienced a slump in recent months but still, it remains to ...

    Blockchain and cryptocurrency security Guide Explore More

    Blog

    AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes

    Luxury goods and high-valued assets are frequently but not always found at the integration stage ...

    AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes Explore More

    Blog

    KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help

    As technology continues to transform the financial industry, the need for identity verification h...

    KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help Explore More

    Blog

    Trade based money laundering – Challenges, detection and prevention

    Back in 2006, Financial Action Task Force (FATF) emphasised on new measures and strategies for ba...

    Trade based money laundering  – Challenges, detection and prevention Explore More

    Blog

    Leveling Up Identity Verification To Meet This Moment

    Companies around the world contend with two digital identity challenges that seem mutually exclus...

    Leveling Up Identity Verification To Meet This Moment Explore More

    Blog

    UK’s FIU Issues New Guidelines for Suspicious Activity Reporting

    The UK’s Financial Intelligence Unit (UKFIU) has issued new guidance in August 2021. The latest i...

    UK’s FIU Issues New Guidelines for Suspicious Activity Reporting Explore More

    Blog

    The Expected No-Deal Brexit and AML/CFT Laws in the UK

    The current prime minister of the UK Mr. Boris Johnson made a statement that the UK should be rea...

    The Expected No-Deal Brexit and AML/CFT Laws in the UK Explore More

    Blog

    7 Trends in Identity Verification Solutions to look for in 2020

    Internet is an anonymous space where people can hide their identities and come up with bizarre ps...

    7 Trends in Identity Verification Solutions to look for in 2020 Explore More

    Blog

    Cannabis Industry – Risks, Predictions, Fraud & KYC/AML Obligations

    The ever-growing industries across the world are opening gates for numerous opportunities to gree...

    Cannabis Industry – Risks, Predictions, Fraud & KYC/AML Obligations Explore More

    Blog

    Shufti’s AML Screening Solution – How to Comply with Germany’s AML Regulations

    The stability of the global economy is at risk pertaining to the rapidly growing issues of money ...

    Shufti’s AML Screening Solution – How to Comply with Germany’s AML Regulations Explore More

    Blog

    Modern Financial Management: The Role of KYI in Safeguarding Businesses

    With our digital ecosystem being full of threats, there is a significant possibility that the qua...

    Modern Financial Management: The Role of KYI in Safeguarding Businesses Explore More

    Blog

    The US Corporate Transparency Act – What’s New? [December 2022]

    Generally, small to medium businesses in the US continue operating without disclosing the benefic...

    The US Corporate Transparency Act – What’s New? [December 2022] Explore More

    Blog

    5 Ways How AI Is Uprooting Recruitment Industry

    Artificial Intelligence is strengthening its position in many industries and the recruitment indu...

    5 Ways How AI Is Uprooting Recruitment Industry Explore More

    Blog, Online Marketplace

    What is Open Banking & Why Does it Matter in 2019?

    Open banking is surely one of those trends that have the potential to change the banking and fina...

    What is Open Banking & Why Does it Matter in 2019? Explore More

    Blog

    Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution

    The telehealth industry has been completely revolutionized by services ranging from medical essen...

    Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution Explore More

    Blog

    How Transaction Monitoring Can Ensure Secure Online Services

    A safe and comprehensive transaction monitoring system is increasingly important in an era charac...

    How Transaction Monitoring Can Ensure Secure Online Services Explore More

    Blog

    The Most Common Use Cases of Identity Document Verification

    As data breaches and other crimes increase, regulators must impose strict rules that corporations...

    The Most Common Use Cases of Identity Document Verification Explore More

    Blog

    How Deepfakes Deceptions are Affecting Businesses

    The word deep fake comes from the terms “deep learning” and “fake,” and is a type of artificial i...

    How Deepfakes Deceptions are Affecting Businesses Explore More

    Blog

    Build Trust and Secure Online Dating Platforms with Identity Verification Solutions

    Online dating scams, such as the one filmed in the recent Netflix Original documentary “ The Tind...

    Build Trust and Secure Online Dating Platforms with Identity Verification Solutions Explore More

    Blog

    Identity Verification vs Authentication: The Key Differences

    Organisations today face significant concerns regarding data breaches and identity theft. Nearly ...

    Identity Verification vs Authentication: The Key Differences Explore More

    Blog

    e-IDV: Safeguarding Businesses and Customers in the Digital Age

    Identity theft cases are on the rise in this age of digitisation. In 2022, India topped the list ...

    e-IDV: Safeguarding Businesses and Customers in the Digital Age Explore More

    Blog, Fraud Prevention

    Identity Theft Frauds – How can you stay a step ahead?

    Identity theft is ‘a hot potato’ these days. Every day we come across news of online fraud that h...

    Identity Theft Frauds – How can you stay a step ahead? Explore More

    Blog, Online Marketplace

    How Identity Verification Makes Remote Account Opening Efficient for Banks

    Banks have a lot to benefit from the remote account opening service as it allows them to bring a ...

    How Identity Verification Makes Remote Account Opening Efficient for Banks Explore More

    Blog

    Inside the EU’s New Crypto-Assets Regulatory Regime – How Shufti Can Help

    With transforming technologies, the use of cryptocurrency is skyrocketing, and a large number of ...

    Inside the EU’s New Crypto-Assets Regulatory Regime – How Shufti Can Help Explore More

    Blog

    Securing The Digital Landscape with Electronic Identity Verification Services

    With a surge in identity document forgery, the likelihood of onboarding a criminal has grown subs...

    Securing The Digital Landscape with Electronic Identity Verification Services Explore More

    Blog

    The State of Money Laundering in The United States – How Shufti Can Help

    The United States of America is among the first countries that took effective measures to fight f...

    The State of Money Laundering in The United States – How Shufti Can Help Explore More

    Blog

    How OCR Helps in Fighting Financial Crimes?

    OCR, also known as Optical Character Recognition, isn’t a new technology. However, it’s use in fi...

    How OCR Helps in Fighting Financial Crimes? Explore More

    Blog

    UK’s On-Demand Culture – Building Trust & Security with Digital ID Verification

    People across the world are spending more time on the internet ever since the pandemic struck the...

    UK’s On-Demand Culture – Building Trust & Security with Digital ID Verification Explore More

    Blog

    NFC Verification for Seamless Customer Onboarding

    As more than 80% of today’s smartphones have NFC technology, different industries are working tow...

    NFC Verification for Seamless Customer Onboarding Explore More

    Blog, Online Marketplace

    Secure Online Gambling through Identity and Age Verification

    Gambling is a very profitable business for big players and owners alike. According to research, t...

    Secure Online Gambling through Identity and Age Verification Explore More

    Blog

    ID Verification for Ultimate Subscription Fraud Prevention

    Cellular phones were first introduced in the consumer market in 1973 when Motorolla first introdu...

    ID Verification for Ultimate Subscription Fraud Prevention Explore More

    Blog

    Enhancing Workplace Safety: The Role of Employment Screening

     Recruiting new hires can often be a daunting task, as it is a time-consuming and work-i...

    Enhancing Workplace Safety: The Role of Employment Screening Explore More

    Blog

    A 2024 Overview of Identity Document Forgery

    As technologies like artificial intelligence and machine learning have advanced, they have signif...

    A 2024 Overview of Identity Document Forgery Explore More

    Blog

    Top 5 Use Cases of Face Verification in the Digital Age

    As novel applications and products are released every day, the use cases of face verification tec...

    Top 5 Use Cases of Face Verification in the Digital Age Explore More

    Blog

    KYC Verification Process – 3 Steps to Know Your Customer Compliance

    Did you know there are three key components to KYC? The entire identity verification procedure en...

    KYC Verification Process – 3 Steps to Know Your Customer Compliance Explore More

    Blog

    Know Your Patient – Eliminating Fraud and Crime in the Healthcare Sector

    The digital transformation has reached the healthcare sector with new remote onboarding options f...

    Know Your Patient – Eliminating Fraud and Crime in the Healthcare Sector Explore More

    Blog

    How ID Verification Helps in Fighting Digital Scams?

    ID VERIFICATION: Digital scams are common phenomena and it affects all types of businesses in eve...

    How ID Verification Helps in Fighting Digital Scams? Explore More

    Blog

    Instant Client Onboarding with E-KYC Screening

    Technological Advancement and its Influence The world needs to constantly evolve in order to surv...

    Instant Client Onboarding with E-KYC Screening Explore More

    Blog

    The Changing Landscape of KYC/AML Regulations in 2021

    Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations have been evolving over time...

    The Changing Landscape of KYC/AML Regulations in 2021 Explore More

    Blog

    Gambling Compliance or Data Protection? The Puzzle is Solved!

    The evolving regulations for the gambling industry are likely to increase compliance challenges i...

    Gambling Compliance or Data Protection? The Puzzle is Solved! Explore More

    Blog

    COVID-19 and Travel & Tourism Industry – What Opportunities Await Post-Pandemic?

    The world is completely exhausted with the COVID-19 pandemic. The corporate sector has lost enoug...

    COVID-19 and Travel & Tourism Industry – What Opportunities Await Post-Pandemic? Explore More

    Blog, Identity & KYC

    Identity Verification – Key to Eliminate BEC Fraud

    Fraud prevention and cybersecurity are the major concerns of the companies in the digital era. No...

    Identity Verification – Key to Eliminate BEC Fraud Explore More

    Blog

    International ID Day – An Overview of the 2021 Identity Landscape

    The International ID Day is not marked on everybody’s calendar but is of significant value for ma...

    International ID Day – An Overview of the 2021 Identity Landscape Explore More

    Blog

    Biometric Authentication Technology – Everything you Need to Know

    Nowadays businesses are looking for more secure systems for the sole reason of customer authentic...

    Biometric Authentication Technology – Everything you Need to Know Explore More

    Blog

    Healthcare is Under Attack: Strengthening Security with Biometric Verification

    Healthcare scams cost our economy tens of billions of dollars every year and the lowest value of ...

    Healthcare is Under Attack: Strengthening Security with Biometric Verification Explore More

    Blog

    Understanding eKYC | The Benefits, Processes & 2024 Forecast

    Governments worldwide require firms, such as financial institutions, to know who their customers ...

    Understanding eKYC | The Benefits, Processes & 2024 Forecast Explore More

    Blog

    KYC Verification – Ensuring Regulatory Compliance in Sports Betting Platforms

    With the growth in organised crime and its infiltration into the sports betting market, businesse...

    KYC Verification – Ensuring Regulatory Compliance in Sports Betting Platforms Explore More

    Blog

    DoorDash Falls in the pit of Data Breach – Affects 4.9 Million Users

    Security breaches are increasing in number with every passing day. This keeps on happening. It wo...

    DoorDash Falls in the pit of Data Breach – Affects 4.9 Million Users Explore More

    Blog, Financial Crime / AML

    AMLD5 Amendments in Prepaid Cards Transaction Threshold

    In July 2018, the European Commission came into effect the 5th Anti-Money Laundering Directive (A...

    AMLD5 Amendments in Prepaid Cards Transaction Threshold Explore More

    Blog

    How can you prepare for AML Compliance – Ultimate AML Guidelines For Starters

    Anti Money Laundering Compliance, commonly known as AML Compliance, is something that banks and f...

    How can you prepare for AML Compliance – Ultimate AML Guidelines For Starters Explore More

    Blog

    A Brief Insight Into Anti-Money Laundering (AML) Regulations in Colombia

    Money laundering has become a global issue, and almost all countries are facing this threat in va...

    A Brief Insight Into Anti-Money Laundering (AML) Regulations in Colombia Explore More

    Blog

    Understanding Risk assessment in the Gambling Sector

    The e-gambling industry has always been lucrative for gamers. However, it has also been constantl...

    Understanding Risk assessment in the Gambling Sector Explore More

    Blog

    Transaction Screening: The Benefits and Challenges

    Financial crimes are rising, wreaking havoc on organisations and individuals. The fraud rate has ...

    Transaction Screening: The Benefits and Challenges Explore More

    Blog

    Rising Concerns of Money Laundering and the Role of Global Financial Sanctions

    Since 9/11, money laundering has become a global issue that has raised alarms for financial watch...

    Rising Concerns of Money Laundering and the Role of Global Financial Sanctions Explore More

    Blog

    Identity Verification entails a lot more than customer verification

    Identity theft and digital fraud are on the rise. Cybersecurity is of essence for all the organis...

    Identity Verification entails a lot more than customer verification Explore More

    Blog

    Liveness Detection | An Extra Layer of Protection Against Spoofing and Fraud

    The consumer demand for biometric and facial authentication technologies is rising, with the mark...

    Liveness Detection | An Extra Layer of Protection Against Spoofing and Fraud Explore More

    Blog

    Breaking the KYC Remediation Cycle through a Risk-based Approach

    Banks have paid more than USD 30 billion over the past few years due to ineffective policies to c...

    Breaking the KYC Remediation Cycle through a Risk-based Approach Explore More

    Blog

    Analyzing and Balancing the Variables of an Effective Identity Verification Solution

    Today’s constantly transforming digital landscape where technology empowers businesses fast-paced...

    Analyzing and Balancing the Variables of an Effective Identity Verification Solution Explore More

    Blog

    Integrated Compliance Management – Mitigating the Regulatory Risks

    Businesses operating in the financial sector often face organizational and compliance challenges....

    Integrated Compliance Management – Mitigating the Regulatory Risks Explore More

    Blog, Identity & KYC, Online Marketplace

    Why 2 Factor Authentication is vital for Online Identity Risk Management?

    Online identity risk management is becoming harder and harder on cyberspace. It is a headache for...

    Why 2 Factor Authentication is vital for Online Identity Risk Management? Explore More

    Blog

    KYC | How to perform KYC verification in three simple steps

    Know Your Customer, commonly referred to as ‘KYC’, is an identity verification process that plays...

    KYC | How to perform KYC verification in three simple steps Explore More

    Anti Money Laundering, Blog, Business Technology, Financial Crime / AML, Identity & KYC

    Global Economies are joining forces with FATF against money laundering

    Financial Action Task Force (FATF) has been very keen on eliminating financial crime (money laund...

    Global Economies are joining forces with FATF against money laundering Explore More

    Blog

    5 Reasons to Invest in Intelligent Character Recognition Services

    Businesses deal with a plethora of documents, ranging from accounting and finance to sales and ma...

    5 Reasons to Invest in Intelligent Character Recognition Services Explore More

    Blog

    Top 5 Non-banking Industries in the Crosshairs of Financial Criminals

    The first half of 2021 saw significant disruption in the financial world as traditional criminal ...

    Top 5 Non-banking Industries in the Crosshairs of Financial Criminals Explore More

    Blog

    The Most Common Use Cases of Identity Document Verification

    As data breaches and other crimes increase, regulators must impose strict rules that corporations...

    The Most Common Use Cases of Identity Document Verification Explore More

    Blog

    40 recommendations of FATF – Shaping the future of your business

    Financial Action Task Force or simply FATF is an active global authority that never fails in surp...

    40 recommendations of FATF – Shaping the future of your business 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