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

    216.73.216.68

    UK Approves New Age Verification Laws to Protect Children

    n-img-uk-approves

    The UK government approved the “Online Safety Bill,” which contains measures to protect children from harmful digital content as well as safety against adult entertainment, cyberbullying, and self-harm websites. 

    After years of delay, the age verification bill to prevent children from harmful content on the internet has passed from the House of Lords and will become law in the UK. It includes mandatory checks on the user’s age whilst trying to access adult websites, as well as online platforms and forums. They also added significant penalties for the platforms that do not comply with the age verification bill. According to the bill, non-compliant platforms can face a $35 million penalty and a 10% fine depending on their global annual revenue. 

    The Secretary of State for Science, Innovation and Technology, Michelle Donelan, stated, “ I call it a game changer in terms of the legislation because it really will make a difference, particularly for children who are at the heart of this piece of legislation. It will mean that here in the UK, it will become the safest place in the world to be on the internet.”

    Other potentially dangerous crimes related to terrorism, weaponry, drugs, animal cruelty, and fraud have also been covered in the new bill. The state regulator authorities will enforce the new legislation in the coming months to safeguard children against inappropriate content access. Age verification checks have been an ongoing issue for Christian Charity Care, which celebrated the bill’s approval. CEO, Ross Hendry of Christian Charity Care, stated, “ most younger children encounter inappropriate online sites by accident. Robust age verification measures will help prevent the youngest and most vulnerable kids from being exposed to content that is disturbing and damaging to them.”

    It was aimed at all online services to verify the age of users before they grant access to certain content. Companies must also take steps to protect children from online predators. Additionally, companies must create systems to detect and block inappropriate content. Ciarán Kelly from the Christian Charity Care, stated, “Ofcom has been regulating video-sharing platforms for effective age verification since 2020, and despite persistent failures, not a single fine has yet been issued. It is imperative that this time they show they mean business.”

    Suggested Reads: 

    UK CONVICTS 11 COURIERS FOR CONSPIRING TO LAUNDER $124 MILLION IN CASH TO DUBAI

    UK GOVERNMENT AIMS TO RECOVER £1 BILLION LOST FUNDS OVER THE NEXT DECADE

    UK GAMBLING COMMISSION CHARGES KINDRED BRAND $8.7M OVER AML SHORTCOMINGS

    Related Posts

    News

    UAE Freezes Assets of Irish Crime Syndicate for Laundering Money Through Dubai

    The UAE has frozen the assets of Ireland’s Kinahan Crime Syndicate, mounting the pressure on an o...

    UAE Freezes Assets of Irish Crime Syndicate for Laundering Money Through Dubai Explore More

    News

    Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far

    Whale Alert alleges that crypto scams are skyrocketing so far in 2020.  A report revealed,scammer...

    Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far Explore More

    News

    US Government Looking to Develop Vaccine Passports as Proof of Vaccination

    The US government is looking to develop a system that would manage the credentials and verify the...

    US Government Looking to Develop Vaccine Passports as Proof of Vaccination Explore More

    News

    Chinese Watchdog Taking Action Against Many in the Massive Bank Fraud

    The biggest bank fraud in China pushed the government to arrest hundreds of suspects. Regulators ...

    Chinese Watchdog Taking Action Against Many in the Massive Bank Fraud Explore More

    News

    Research for Implications of CBDC on the Rise in Australia

    As of the November 2 announcement of the Reserve Bank of Australia, the country has partnered wit...

    Research for Implications of CBDC on the Rise in Australia 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

    US Treasury Official Urges Iraq’s Central Bank to Act Against Money Laundering

    The US Treasury officials stated Iraq’s central bank should design new measures to combat the mis...

    US Treasury Official Urges Iraq’s Central Bank to Act Against Money Laundering Explore More

    News

    Ireland Mandates Registration of Crypto Firms Under AML Laws

    Ireland has taken new measures to regulate crypto businesses under the AML law for the first time...

    Ireland Mandates Registration of Crypto Firms Under AML Laws Explore More

    News

    Biden Increases 50% Budget for FinCEN to Omit Financial Crimes

    President Joe Biden of the USA is pushing a plan for a 50% increase in the budget set aside for t...

    Biden Increases 50% Budget for FinCEN to Omit Financial Crimes Explore More

    News

    Massive Cyberattack on Australia Uses Cryptojacking Exploits

    According to the Australian Cyber Security Centre, a group of “state actors” hacked Australian ne...

    Massive Cyberattack on Australia Uses Cryptojacking Exploits Explore More

    News

    FinCEN and Federal Reserve Board Reducing the Bar for International Transactions

    The FinCEN and Federal Reserve Board are planning to reduce the threshold for international trans...

    FinCEN and Federal Reserve Board Reducing the Bar for International Transactions Explore More

    News

    Monetary Authority of Singapore (MAS) Fines Four Financial Institutions for Breaching AML Laws

    A fine of S$3.8 million (Singapore dollar) was handed down by the Monetary Authority of Singapore...

    Monetary Authority of Singapore (MAS) Fines Four Financial Institutions for Breaching AML Laws 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

    Crypto Services Approved Under AMLD5 Regulations by the Dutch Central Bank

    De Nederlandsche Bank NV (DNB) has permitted AMDAX BV the Central Bank of Netherlands to operate ...

    Crypto Services Approved Under AMLD5 Regulations by the Dutch Central Bank Explore More

    News

    CBUAE Introduces New Program to Boost Digital Transformation in Financial Services

    UAE Central Bank has introduced a program that includes a new digital currency, open finance and ...

    CBUAE Introduces New Program to Boost Digital Transformation in Financial Services Explore More

    News

    Croatian Finance Ministry Proposes New Bill to Combat Money Laundering

    The Croatian Finance Ministry has introduced a new bill for state institutions to monitor the ban...

    Croatian Finance Ministry Proposes New Bill to Combat Money Laundering Explore More

    News

    FIU Recovers $284K From Two Companies Suspected of Money Laundering and Tax Evasion

    The Financial Intelligence Unit of Liberia (FIUL) has recovered more than $284,000 from two compa...

    FIU Recovers $284K From Two Companies Suspected of Money Laundering and Tax Evasion Explore More

    News

    US Federal Reserve Fines Deutsche Bank $186 Million for Anti-Money Laundering Failures

    The Federal Reserve announced on July 20th that it had fined Deutsche Bank (DBKGn.DE) and some of...

    US Federal Reserve Fines Deutsche Bank $186 Million for Anti-Money Laundering Failures Explore More

    News

    Singapore Government Discloses Modified Regulatory Measures for Stablecoins

    Singapore’s Central Bank has disclosed upgraded regulatory guidelines for stablecoins to keep cry...

    Singapore Government Discloses Modified Regulatory Measures for Stablecoins Explore More

    News

    “The Community” Fined $120M for Multi-million Cryptocurrency Theft Scheme

    A sixth member of “The Community” was sentenced to 10-month imprisonment and over $120,000 fine f...

    “The Community” Fined $120M for Multi-million Cryptocurrency Theft Scheme Explore More

    News

    Amazon Warns UK Customers Over Rising Threat of Impersonation Scams

    Amazon has cautioned UK customers about the rising threat of impersonation scams via phone calls,...

    Amazon Warns UK Customers Over Rising Threat of Impersonation Scams Explore More

    News

    Hogan and other US Top Official Become the Victim of Identity Theft

    A fraud scheme attacking top government officials of Maryland State has been uncovered. The schem...

    Hogan and other US Top Official Become the Victim of Identity Theft Explore More

    News

    Money Mule Initiative Results Announced by the US Department of Justice

    As a part of the Money Mule Initiative, the law enforcement depart of the USA has taken action ag...

    Money Mule Initiative Results Announced by the US Department of Justice Explore More

    News

    Russian govt introduces Fintech Sandboxes, including Blockchain

    The Russian government plans on the creation of regulatory sandboxes for companies working on con...

    Russian govt introduces Fintech Sandboxes, including Blockchain Explore More

    News

    WHO Warns about Online Job Scams during COVID-19 Pandemic

    A message shared on WhatsApp and Facebook claims that the World Health Organization (WHO) is adve...

    WHO Warns about Online Job Scams during COVID-19 Pandemic Explore More

    News

    ‘Businesses need to brace for Iranian Cyberattacks’ – warns Homeland Security

    The news of the assassination of Iranian military commander, Qaem Soleimani, is all over the medi...

    ‘Businesses need to brace for Iranian Cyberattacks’ – warns Homeland Security Explore More

    News

    Norway to Revive Travel by Introducing Vaccine Passports

    By the Summer of 2021, Norway plans to revive travel to and from the country as it joins the list...

    Norway to Revive Travel by Introducing Vaccine Passports Explore More

    News

    William Hill to Pay £19M for Social Responsibility and AML Failings

    The Gambling Commission has fined William Hill Group Businesses £19 million for failing to uphold...

    William Hill to Pay £19M for Social Responsibility and AML Failings 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

    Qatar Takes Steps to Strengthen its AML/CFT and Sanctions Compliance

    A webinar organised by ICC Qatar emphasised the efforts of Qatar to strengthen its AML/CFT and sa...

    Qatar Takes Steps to Strengthen its AML/CFT and Sanctions Compliance Explore More

    News

    OCBC Fines Money Laundering Suspect $19.7million

    The Oversea-Chinese Banking Corporation (OCBC) has fined the individuals involved in Singapore’s ...

    OCBC Fines Money Laundering Suspect $19.7million Explore More

    News

    Australian Government Introduces $800 Million Budget for New Technology and Expands Digital Identity Checks

    The Morrison government has announced an $800 million budget for expanding digital identity check...

    Australian Government Introduces $800 Million Budget for New Technology and Expands Digital Identity Checks Explore More

    News

    Australia to Ban Credit Cards for Online Gambling to Prevent Payment Fraud

    The Australian government will soon ban online gambling with credit cards. The government will in...

    Australia to Ban Credit Cards for Online Gambling to Prevent Payment Fraud Explore More

    News

    Rapstar Captured for His Role in Wire Fraud Scheme

    A famous rapper from Chicago with his crew members was caught and charged in court for using the ...

    Rapstar Captured for His Role in Wire Fraud Scheme Explore More

    News

    Anti-Money Laundering Rules Hit Backpacker Bank Accounts

    Working holiday visa holders have been reported to have difficulty obtaining bank accounts due to...

    Anti-Money Laundering Rules Hit Backpacker Bank Accounts Explore More

    News

    Livestreaming Helps Shanghai Police Crack Money Laundering Case

    There has been an arrest of a live streamer by Shanghai police who had been tipped off by a live ...

    Livestreaming Helps Shanghai Police Crack Money Laundering Case Explore More

    News

    Surge in Identity Theft Frauds During Covid-19

    According to new data from the Federal Trade Commission (FTC), identity theft has risen to the nu...

    Surge in Identity Theft Frauds During Covid-19 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 DOJ Arrests Two in Alleged NFT Money Laundering, Rug Pull Scheme

    The US Department of Justice has arrested two in a $1.1 million non-fungible token fraud and mone...

    US DOJ Arrests Two in Alleged NFT Money Laundering, Rug Pull Scheme Explore More

    News

    France Ranked Among Countries with Effective Measures to Tackle Financial Fraud

    The latest FATF report ranks France among countries that have effective measures in combating fin...

    France Ranked Among Countries with Effective Measures to Tackle Financial Fraud Explore More

    News

    Fake Vaccination Certificates Becoming a Full-blown Industry in 29 Countries

    Thousands of fake vaccination certificates are being sold on the dark web, and through the messag...

    Fake Vaccination Certificates Becoming a Full-blown Industry in 29 Countries Explore More

    News

    Singaporean Banks Enhance Security to Combat Financial Crime

    The Monetary Authority of Singapore (MAS) stated that the country’s banks are enhancing security ...

    Singaporean Banks Enhance Security to Combat Financial Crime Explore More

    News

    Thailand Launches Anti-Online Scam Center to Combat Cybercrimes

    The Thai Government has officially launched the Anti-Online Scam Operation Centre (AOC) as of  No...

    Thailand Launches Anti-Online Scam Center to Combat Cybercrimes Explore More

    News

    SRA Fines Oxfordshire Law Firm over Weak AML Controls

    The SRA (Solicitors Regulation Authority) has charged £20,000 to an Oxfordshire law firm after id...

    SRA Fines Oxfordshire Law Firm over Weak AML Controls Explore More

    News

    Actor Behind $650M Ponzi Scheme Set to Face 20-Year Jail Time

    The actor was arrested on account of wire fraud, identity theft, securities fraud, and executing ...

    Actor Behind $650M Ponzi Scheme Set to Face 20-Year Jail Time Explore More

    News

    Crypto Mixers, Helix and Coin Ninja, Fined by FinCEN for Bank Secrecy Act Violation

    Larry Dean Harmon, founder of Helix and Coin Ninja, has been fined $60 million for being involved...

    Crypto Mixers, Helix and Coin Ninja, Fined by FinCEN for Bank Secrecy Act Violation Explore More

    News

    Tech Analysts Say Elgin Data Breach May Prove “Devastating” for Those Vulnerable to Identity Fraud

    Technology experts raise questions about the lack of transparency of the municipality in dealing ...

    Tech Analysts Say Elgin Data Breach May Prove “Devastating” for Those Vulnerable to Identity Fraud Explore More

    News

    Israel Enforces New Regulations for the Transfer of Digital Currency

    The new digital currency regulations will allow Israeli banks to profit from cryptocurrency tradi...

    Israel Enforces New Regulations for the Transfer of Digital Currency Explore More

    News

    Hacker steals $250K by exploiting Bitcoin exchange Bisq

    A hacker identified a significant software flaw on the decentralized Bitcoin exchange, Bisq, to s...

    Hacker steals $250K by exploiting Bitcoin exchange Bisq Explore More

    News

    European Banking Authority Publishes Final Guidelines on Remote Customer Onboarding

    The European Banking Authority (EBA) has issued its final policies on remote customer onboarding ...

    European Banking Authority Publishes Final Guidelines on Remote Customer Onboarding Explore More

    News

    Singapore Under High Scrutiny Amid Money Laundering Scandal

    Singapore, an immaculate business hub, is under fire for one of the largest money laundering case...

    Singapore Under High Scrutiny Amid Money Laundering Scandal Explore More

    News

    UK’s National Crime Agency Builds a Specialised Crypto Investigation Team

    The United Kingdom’s National Crime Agency (NCA) is planning to establish a professional team to ...

    UK’s National Crime Agency Builds a Specialised Crypto Investigation Team Explore More

    News

    Singapore Plans to Amend Laws to Arrest Money Mules Facilitating Scams

    Singapore authorities have decided to amend laws for prosecuting money mules facilitating financi...

    Singapore Plans to Amend Laws to Arrest Money Mules Facilitating Scams Explore More

    News

    CBUAE Issues New AML/CTF Guidelines for the Insurance Sector

    The Central Bank of the UAE (CBUAE) has announced new Anti Money Laundering and Countering Terror...

    CBUAE Issues New AML/CTF Guidelines for the Insurance Sector Explore More

    News

    Swiss Prosecutors Open Probe Against “Suisse Secrets” Whistleblower

    The Swiss Prosecutors have launched an investigation, not after the bank but against the Suisse S...

    Swiss Prosecutors Open Probe Against “Suisse Secrets” Whistleblower Explore More

    News

    Banks Warned about Cryptocurrency Risk Exposure by FinCEN Director

    During a virtual anti-money laundering conference by ACAMS in Las Vegas earlier this week, FinCEN...

    Banks Warned about Cryptocurrency Risk Exposure by FinCEN Director Explore More

    News

    Singapore Under High Scrutiny Amid Money Laundering Scandal

    Singapore, an immaculate business hub, is under fire for one of the largest money laundering case...

    Singapore Under High Scrutiny Amid Money Laundering Scandal Explore More

    News

    Hong Kong Arrests 13 in HK$53 million Money Laundering Case

    13 people in Hong Kong have been arrested for money laundering and operating illegal gambling sit...

    Hong Kong Arrests 13 in HK$53 million Money Laundering Case Explore More

    News

    IRS Highlights Potential Risk of Fraud in NFTs and Cryptocurrencies

    IRS highlights Non-Fungible Token (NFTs) and crypto as the potential risk of financial crimes, in...

    IRS Highlights Potential Risk of Fraud in NFTs and Cryptocurrencies Explore More

    News

    EU Parliament to Consider Black-Listing Switzerland After Credit Suisse Leaks

    The European Parliament’s main political group called for a review of Switzerland’s banking pract...

    EU Parliament to Consider Black-Listing Switzerland After Credit Suisse Leaks Explore More

    News

    Monetary System of Nation-States at Systematic Risk due to Stablecoins, Says FSB

    With the introduction of global stablecoin like Facebook’s Libra, G20’s watchdog, the Financial S...

    Monetary System of Nation-States at Systematic Risk due to Stablecoins, Says FSB Explore More

    News

    AUSTRAC Sues Star Casino for Alleged Anti-Money Laundering Breaches

    AUSTRAC has sued Star casino group with more civil penalties for doing business with ‘high-risk c...

    AUSTRAC Sues Star Casino for Alleged Anti-Money Laundering Breaches Explore More

    News

    Ransomware gang failed to deploy an attack against 30 US firms

    A ransomware attack was blocked by a group by the Cybersecurity firm Symantec known for demanding...

    Ransomware gang failed to deploy an attack against 30 US firms Explore More

    News

    The market for Digital Identity Solutions expected to double by 2024

    The market for Digital Identity Solutions is predicted to double between 2019 and 2024, as report...

    The market for Digital Identity Solutions expected to double by 2024 Explore More

    News

    Credit Cards are Risky for Crypto Transactions, Says Taiwan’s Financial Watchdog

    Credit cards should not be used for crypto-related transactions, as stated by Taiwan’s financial ...

    Credit Cards are Risky for Crypto Transactions, Says Taiwan’s Financial Watchdog Explore More

    News

    FCA Fines Ghana International Bank Over £5 million for Money Laundering Failings

    The Financial Conduct Authority (FCA) has imposed a £5,829,900 financial penalty on Ghana Interna...

    FCA Fines Ghana International Bank Over £5 million for Money Laundering Failings Explore More

    News

    Cambodia Seeks Exit from FATF Grey List in Early 2023

    Cambodia has finally invited the Financial Action Task Force (FATF) to evaluate its progress in f...

    Cambodia Seeks Exit from FATF Grey List in Early 2023 Explore More

    News

    FIAU Fines Crypto Firm €460,000 for Anti-Money Laundering Violations

    FIAU (Financial Intelligence Analysis Unit) charged a crypto exchange and broker with a €463,235 ...

    FIAU Fines Crypto Firm €460,000 for Anti-Money Laundering Violations Explore More

    News

    Adelaide Casino to Face Court Action Over AML/CTF Violations

    AUSTRAC has revealed the beginning of civil penalty proceedings in the Federal Court against SkyC...

    Adelaide Casino to Face Court Action Over AML/CTF Violations Explore More

    News

    FIAU Slaps Triton Capital Markets Limited with €227,000 Fine for AML/CTF Breaches

    The Financial Services Analysis Unit (FIAU) FIAU has fined Triton Capital Markets Limited  €227,0...

    FIAU Slaps Triton Capital Markets Limited with €227,000 Fine for AML/CTF Breaches Explore More

    News

    $9.8 Million Lost, 40 Arrested in Twitch Money Laundering Scheme

    On Tuesday, 4th January, Turkish police took 40 suspects into custody from 11 provinces for alleg...

    $9.8 Million Lost, 40 Arrested in Twitch Money Laundering Scheme Explore More

    News

    ABLV Asset Management Fined with €57,217 for AML/CFT Violations

    FCMC (Financial and Capital Market Commission) has enforced a fine of €57,217 on ABLV Asset Manag...

    ABLV Asset Management Fined with €57,217 for AML/CFT Violations 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