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

    Internet infrastructure industry plans on ensuring internet trust amidst COVID-19 outbreak

    Internet

    As a global crisis emerges due to the Coronavirus outbreak, and global population practices social isolation, the internet is becoming crucial to billions of people for work purposes, leisure and attaining information. This requires exceptional trust in the system, the services, and processes that power the Internet and are enabled by it.

    Internet infrastructure service providers are well aware of the efforts required to maintain that trust and are dedicated to go beyond standard procedure in fighting Coronavirus related fraud and other illegal activity performed online.

    Michele Neylon tweeted:

    The i2Coalition’s diverse membership consists of both large and small Internet service providers such as web hosting companies, software services providers, data centers, domain registrars and registries. Majority of their customers, including small business owners, increasingly rely on the Internet to provide their services to millions of Americans. In this uncertain time, i2Coalition members are ready to help their customers with transitions or enhance their business operations online, so that they can focus on their work while staying informed on the outbreak situation. 

    The i2Coalition’s members are directed on supporting their clients and committed to preventing the occurrences of fraud on their networks. The company stated, “We strive every day to combat fraud and given the current public health crisis we are stepping up enforcement even more on these activities.” 

    Further, the i2Coalition plans on working with government officials, including law enforcement agencies, to protect the public interest against COVID-19 related fraud and scams while simultaneously working to ensure the privacy and free speech of their customers. “During these extraordinary times, our job is not just to keep the Internet going, but to ensure it is trustworthy, open, safe and secure, and we intend to carry on our duties to the best of our abilities,” the company officials claimed.

    Related Posts

    News

    Mega Bank Fined $10 Million in Fake Mortgage Case

    Due to poor internal controls, 28 fraudulent mortgage applications went undetected.  The Financia...

    Mega Bank Fined $10 Million in Fake Mortgage Case Explore More

    News

    UK’s Decision to Dump the GDPR Raises Concerns for Online Gambling Sector

    The UK is facing financial turbulence because of changing its way from participating in European ...

    UK’s Decision to Dump the GDPR Raises Concerns for Online Gambling Sector Explore More

    News

    FINRA Issues Notice to Remind Firms of Nation-wide AML/CFT Priorities

    FINRA has issued a notice reminding all member firms to comply with AML/CFT priorities as mandate...

    FINRA Issues Notice to Remind Firms of Nation-wide AML/CFT Priorities Explore More

    News

    Swedish Legislators Propose an Increase in Money Laundering Penalties for the Gambling Industry

    Legislators in Sweden will consider increasing penalties for gambling operators who violate the n...

    Swedish Legislators Propose an Increase in Money Laundering Penalties for the Gambling Industry Explore More

    News

    Roll-out of vital banking fraud check postponed again due to Coronavirus

    A crucial banking security check that could avert the loss of millions of pounds to internet frau...

    Roll-out of vital banking fraud check postponed again due to Coronavirus Explore More

    News

    Adobe, Twitter and NYT Team Up Against Deepfakes

    Deepfakes, whether synthetic or manipulated, are rising at an alarming rate. They can cause immen...

    Adobe, Twitter and NYT Team Up Against Deepfakes Explore More

    News

    Emirates Delegation of Anti-Money Laundering and Counter-Terrorism Financing Visits US

    The Emirates Executive Office of Money Laundering and Counter-Terrorism Financing visited Washing...

    Emirates Delegation of Anti-Money Laundering and Counter-Terrorism Financing Visits US Explore More

    News

    Police warns after an increase in online scams selling face masks

    The Cleveland Police has warned the public regarding the increasing number of Coronavirus related...

    Police warns after an increase in online scams selling face masks Explore More

    News

    Japanese Gaming Giant Capcom Fell Victim to Cyberattacks

    The famous gaming giant, Capcom, is being blackmailed by cyberattackers to pay $11 million bitcoi...

    Japanese Gaming Giant Capcom Fell Victim to Cyberattacks Explore More

    News

    CBR to Restrict Crypto-Related Transactions to Prevent Financial Crime

    The Central Bank of Russia is limiting ways for cryptocurrency investments including blocking pay...

    CBR to Restrict Crypto-Related Transactions to Prevent Financial Crime 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

    11 Arrested for Illegal Offshore and Cross-Border Gambling Activities in Macau

    11 people arrested along with businessman Alvin Chau in an investigation of bogus gambling scheme...

    11 Arrested for Illegal Offshore and Cross-Border Gambling Activities in Macau Explore More

    News

    Uganda Remains on FATF Graylist for Failing to Curb Money Laundering

    Uganda is still under the scrutiny of AML/CFT agencies after failing to enforce regulations in NG...

    Uganda Remains on FATF Graylist for Failing to Curb Money Laundering Explore More

    News

    EU Removes Iraq From List of High-Risk Money Laundering Countries

    Iraq has been de-listed from the EU’s list of high-risk countries for money laundering and terror...

    EU Removes Iraq From List of High-Risk Money Laundering Countries Explore More

    News

    UK Issues Crypto Framework for ICOs, Stablecoins, Exchanges and Regulators

    The report covers crucial aspects of crypto regulation, aiming to foster growth in the sector wit...

    UK Issues Crypto Framework for ICOs, Stablecoins, Exchanges and Regulators Explore More

    News

    Singapore Seizes $2 Billion Worth of Assets in Money Laundering Investigation

    Singaporean regulatory authorities officials accused lax immigration policies of large inflows of...

    Singapore Seizes $2 Billion Worth of Assets in Money Laundering Investigation Explore More

    News

    UAE Praises Singapore’s S$2.8b Financial Crime Bust

    The director-general of UAE anti-money laundering and counter-terrorism financing commends Singap...

    UAE Praises Singapore’s S$2.8b Financial Crime Bust Explore More

    News

    New York Financial Department Releases Guidelines On Dollar-Backed Stable Coins

    The New York Financial Department has released “Guidance on the Issuance of U.S. Dollar-Backed St...

    New York Financial Department Releases Guidelines On Dollar-Backed Stable Coins Explore More

    News

    Japan Considers Facial Recognition to Trace Contact at Large Scale Events

    According to the Japan Times report, the country is planning to introduce facial recognition at l...

    Japan Considers Facial Recognition to Trace Contact at Large Scale Events Explore More

    News

    UK to Apply Digital Identity Verification Across Government Services

    Michael Gove, Cabinet Office Minister has written to Whitehall departments about obligating the u...

    UK to Apply Digital Identity Verification Across Government Services Explore More

    News

    The Commodity Futures Trading Commission to Regulate the Crypto Market with “Full Oversight Capabilities”

    The chairman of the CFTC discussed that his agency would regulate the crypto market.  Digital Com...

    The Commodity Futures Trading Commission to Regulate the Crypto Market with “Full Oversight Capabilities” Explore More

    News

    US Senator Joe Manchin Introduces Digital Asset Anti-Money Laundering Act to Curb Unauthorised Crypto Flow

    US Senator Joe Manchin, along with Senators Roger Marshall, Lindsy Graham, and Elizabeth Warren, ...

    US Senator Joe Manchin Introduces Digital Asset Anti-Money Laundering Act to Curb Unauthorised Crypto Flow Explore More

    News

    FINTRAC Fines Two B.C. Real Estate Brokerage Firms for AML Violations

    The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has recently fined two...

    FINTRAC Fines Two B.C. Real Estate Brokerage Firms for AML Violations Explore More

    News

    Australian Government to Extend AML and CTF Regime

    The Australian Government has initiated a consultation on revising the Anti-Money Laundering (AML...

    Australian Government to Extend AML and CTF Regime Explore More

    News

    Poloniex Agrees to Pay $7.6M in Settlement of Sanctions Violations

    In a settlement with the Office of Foreign Asset Control (OFAC), Poloniex LLC, a former subsidiar...

    Poloniex Agrees to Pay $7.6M in Settlement of Sanctions Violations Explore More

    News

    European Parliament Members Adopt New Recommendations to fight Tax Fraud and Money Laundering

    The parliament members adopted a comprehensive set of regulations stemming from the previous reco...

    European Parliament Members Adopt New Recommendations to fight Tax Fraud and Money Laundering Explore More

    News

    Coronavirus: UK economy recovering gradually, says Bank of England

    Bank of England (BOE) governor, Andrew Bailey, stated that there are signs of the UK economy grad...

    Coronavirus: UK economy recovering gradually, says Bank of England Explore More

    News

    $4.4 Billion Worth Cryptocurrency Stolen in 2019

    The crypto analytics firm, CipherTrace released its Q3 2019 Cryptocurrency Anti-Money Laundering ...

    $4.4 Billion Worth Cryptocurrency Stolen in 2019 Explore More

    News

    Interpol Operation Intercepts Financial Cybercrime Worth $83 Million

    Due to an exponential rise in online financial crimes in the Asia Pacific region, an INTERPOL-coo...

    Interpol Operation Intercepts Financial Cybercrime Worth $83 Million Explore More

    News

    Coincheck customers fall victim to a data breach

    In 2018, Coincheck, the Japanese firm, fell victim to probably the largest cryptocurrency hack in...

    Coincheck customers fall victim to a data breach Explore More

    News

    Shufti Introduces AI-Based OCR for Better Customer Verification

    Verifying customers is the goal of our clients and we believe in providing the best solutions. Th...

    Shufti Introduces AI-Based OCR for Better Customer Verification Explore More

    News

    Singapore Introduces Face Verification for National ID Service

    Not just authentication, but facial verification is mandatory for anyone who is using the nationa...

    Singapore Introduces Face Verification for National ID Service Explore More

    News

    SA Government Passes New Legislation to Avoid FATF Gray list

    South African government has passed two crucial legislations to prevent potential greylisting by ...

    SA Government Passes New Legislation to Avoid FATF Gray list Explore More

    News

    MGA to Introduce Detailed Player Protection Guidelines for Responsible Gambling

    Malta Gaming Authority is set to introduce player protection guidelines after being placed on the...

    MGA to Introduce Detailed Player Protection Guidelines for Responsible Gambling 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

    EBA revised its guidelines on ML/FT risk factors

    The European Banking Authority (EBA) issued revised money laundering and terrorist funding (ML/TF...

    EBA revised its guidelines on ML/FT risk factors Explore More

    News

    Japan Launches a Three-Step Plan for Introducing Digital Yen

    After the announcement of the Bank of Japan to introduce digital Yen by 2021, the statement by Ko...

    Japan Launches a Three-Step Plan for Introducing Digital Yen 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

    Singapore Seizes $736m Worth of Assets in Money Laundering Investigation

    Singapore police have arrested 10 foreigners in the money laundering operation and seized $736m w...

    Singapore Seizes $736m Worth of Assets in Money Laundering Investigation 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

    The Anti-Money Laundering Solution Market is Expected to Double by 2025

    According to the latest AML solution market report 2020-2026, the post coronavirus pandemic had a...

    The Anti-Money Laundering Solution Market is Expected to Double by 2025 Explore More

    News

    UAE Central Bank Issues AML/CFT Guidance For Exchange Houses

    The Central Bank of UAE (CBUAE) has issued guidance for Licensed Exchange Houses (LEH), keeping F...

    UAE Central Bank Issues AML/CFT Guidance For Exchange Houses Explore More

    News

    Garmin Online Services Reportedly Hit With Ransomware Attack in demand for $10 Million

    Ransomware attacks are on the rise, and Garmin is the latest big name to take a hit. A hacker gro...

    Garmin Online Services Reportedly Hit With Ransomware Attack in demand for $10 Million Explore More

    News

    BSA-AML Compliance Group Disclose Names of Annual Gaming Conference Speakers

    The BSA-AML Compliance group has revealed the names of the speakers attending the annual gaming c...

    BSA-AML Compliance Group Disclose Names of Annual Gaming Conference Speakers Explore More

    News

    Isle of Man Urged to Take Further Steps to Counter Money Laundering

    The Council of Europe’s anti-money laundering committee has again called for an extension in the ...

    Isle of Man Urged to Take Further Steps to Counter Money Laundering Explore More

    News

    Colombian Money Laundering Watchdog Delays Crypto Transaction Reporting Regime

    The UIAF has postponed the date for crypto exchanges and individuals to start reporting their tra...

    Colombian Money Laundering Watchdog Delays Crypto Transaction Reporting Regime Explore More

    News

    Kazakhstan has Improved to Achieve the Lowest Risk Score for ML/TF

    According to the annual report of Basel Index 2020, among the 141 countries, Kazakhstan is at 73r...

    Kazakhstan has Improved to Achieve the Lowest Risk Score for ML/TF Explore More

    News

    UAE to Step Up AML Measures to Avoid FATF’s Gray List

    After FATF’s warning to grey list the UAE for AML failures, the region is set to step up complian...

    UAE to Step Up AML Measures to Avoid FATF’s Gray List Explore More

    News

    MASAK to Investigate Short Video Hosting Platform, TikTok Over Money Laundering Allegations

    MASAK is investigating the scammers involved in money laundering on TikTok. Over the serious alle...

    MASAK to Investigate Short Video Hosting Platform, TikTok Over Money Laundering Allegations Explore More

    News

    Gaming & Investment Firms in Malta Penalised with €4.6M for AML Failures

    The financial intelligence Analysis Unit has issued an annual report that shows that the total fi...

    Gaming & Investment Firms in Malta Penalised with €4.6M for AML Failures Explore More

    News

    Sri Lanka removed from the high-risk money-laundering list

    COLOMBO – Sri Lanka was recently removed from the list of high-risk countries for money lau...

    Sri Lanka removed from the high-risk money-laundering list Explore More

    News

    FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK

    FCA warned crypto exchange FTX due to their unauthorized operations. The financial regulator clea...

    FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK Explore More

    News

    Ring doorbell gives user data to Facebook and Google

    Recent investigation suggests that Ring doorbells are exposing the customers’ data to companies s...

    Ring doorbell gives user data to Facebook and Google Explore More

    News

    US Court Declares Bitcoin and ETH as Commodities, Dismissing Uniswap Lawsuit

    A US court dismissed the Security Exchange Commission (SEC) lawsuit against the Uniswap protocols...

    US Court Declares Bitcoin and ETH as Commodities, Dismissing Uniswap Lawsuit Explore More

    News

    Bank of England Introduces New Regulatory Approach for Crypto

    The Bank of England is formulating the UK’s first regulatory framework for crypto assets and stat...

    Bank of England Introduces New Regulatory Approach for Crypto Explore More

    News

    New York Federal Reserve Sued by Puerto Rican Bank For Blocking Service in Venezuela

    A Puerto Rican bank has sued the New York Federal Reserve on 25th July for suspending their acces...

    New York Federal Reserve Sued by Puerto Rican Bank For Blocking Service in Venezuela Explore More

    News

    EFCC Warns Financial Crime is Thriving in Real Estate

    According to the Economic and Financial Crimes Commission, EFCC, real estate companies are requir...

    EFCC Warns Financial Crime is Thriving in Real Estate Explore More

    News

    GIABA Points Out Gaps in Nigeria’s AML/CFT Framework

    The GIABA report revealed loopholes in the Nigerian AML/CFT framework and called Nigerian law enf...

    GIABA Points Out  Gaps in Nigeria’s AML/CFT Framework Explore More

    News

    Silly Season Scams to Rise as AFP Forewarns Fake Delivery Texts

    The Australian Federal Police (AFP) has warned of fake delivery texts. Scammers use legitimate-lo...

    Silly Season Scams to Rise as AFP Forewarns Fake Delivery Texts Explore More

    News

    Blockchain officially becomes part of China’s tech strategy

    According to the National Development and Reform Commission (NDRC), China will use Blockchain to ...

    Blockchain officially becomes part of China’s tech strategy Explore More

    News

    Money Laundering Watchdog Fines HSBC for AML Violations

    HSBC Malta has been fined €82,000 by Financial Intelligence Analysis Unit (FIAU) for AML violatio...

    Money Laundering Watchdog Fines HSBC for AML Violations Explore More

    News

    Switzerland Falls Behind in the Fight Against Money Laundering

    The Parliament of Switzerland has voted against the requirement of performing due diligence on la...

    Switzerland Falls Behind in the Fight Against Money Laundering Explore More

    News

    Japan’s regulator verifies 2 new digital currency alliances

    Financial regulators in Japan have approved two organizations to act as digital currency associat...

    Japan’s regulator verifies 2 new digital currency alliances 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

    ML/TF Legislation for Art Industry Labeled ‘Damaging and Unjust’

    Cinoa, the international art & antiques dealers’ association has issued an open letter signed...

    ML/TF Legislation for Art Industry Labeled ‘Damaging and Unjust’ 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

    Botswana Passes New Cryptocurrency Bill, Aiming to Curb Money Laundering

    Another African country, Botswana has taken a significant step towards regulating cryptocurrency ...

    Botswana Passes New Cryptocurrency Bill, Aiming to Curb Money Laundering 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

    Natwest Caps Transfer Limit to Binance Over Fraud Concerns

    Natwest bank is scrutinizing cryptocurrency transactions, including Binance transactions, due to ...

    Natwest Caps Transfer Limit to Binance Over Fraud Concerns Explore More

    News

    Amended Secrecy Law to Help Philippines Exit the Grey-List

    The Philippines has proposed amendments to the Banking Secrecy Law to regulate financial accounts...

    Amended Secrecy Law to Help Philippines Exit the Grey-List Explore More

    News

    Star Casino’s Share Tumbles 21% Following Money Laundering Allegations

    Individuals banned from gambling at the Star casino in Sydney had been permitted to gamble at Sta...

    Star Casino’s Share Tumbles 21% Following Money Laundering Allegations Explore More

    News

    Japan’s regulator verifies 2 new digital currency alliances

    Financial regulators in Japan have approved two organizations to act as digital currency associat...

    Japan’s regulator verifies 2 new digital currency alliances 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