25 Nov
Identity verification service for marketplaces
Marketplaces have revolutionized the way we shop, responding to the needs of modern people with convenience, competitive prices and the ease of a few clicks. It is not so bold to say that the pandemic has accelerated the shift of trade to digital space. Despite rapid ongoing growth, there is a flaw in this idyllic
18 Nov
KYC for Crypto Exchanges
The increasing popularity of buying and trading cryptocurrencies worldwide has naturally caused a major growth in popularity of crypto exchanges. Binance, Kraken or eToro are names that ring a bell to anyone who decided to invest in crypto over the past few years. But, with the popularity of crypto trading, some questions started to arise.
11 Nov
Rise in cyberattacks forces companies to use identity verification
Companies across the globe have sped up their digitalization processes and enabled their employees to work from home. Those changes were mostly forced by the pandemic, but the implemented model is here to stay. As the result, a lot of companies have been more vulnerable to cyberattacks. Digitalization can be a lifesaver, or more a
04 Nov
National ID Cards – Trends and The Future
What is an identity card and what is its purpose? The history of passports and national identity cards slightly differs. The shape and format of the majority of today’s identity cards was only standardized in 1985, as opposed to the passports’ standardization in 1920. In the past decade, however, the national identity card documents went
27 Oct
Video identity verification for airlines – the digital revolution of the industry
2020 has become a pandemic year with unprecedented losses for many industries. Tourism and airlines were hit extremely hard with a record decrease of 73% in international arrivals compared to 2019. This catastrophic drop includes lost revenue of $371 billion and a 60% passenger reduction according to the International Civil Aviation Organization (ICAO). The projected
22 Oct
Job Search Scams and Identity Theft
The covid pandemic has hit many aspects of our lives including our workplace. A lot of people have lost their jobs, their companies, and their livelihoods. But after many lockdowns, the economy has improved and the job market is once again flooded with offers of employment. Unfortunately, scammers have also found a way to prey
15 Oct
Proptech – The Future of Real Estate
What is proptech? Proptech (short for property technology) is a term describing modern approach to real estate, in which technology plays the key role and optimizes the way people search, buy, rent, invest in, and manage properties. It follows the same pattern as fintech, insurtech, and edtech companies, and highlights the importance of the use
13 Oct
COVID-19 At-Home Tests with Video Observation in the UK
The Secretary of State for Health and Social Care in the United Kingdom, Sajid Javid, has proposed a new solution for vaccinated travelers making their way back to the UK. It would require travelers to be filmed during the process of taking a lateral flow swab COVID-19 test. So far, travelers returning to the UK
08 Oct
Pandora Papers- the need for AML procedures is real
The investigation called the Pandora Papers is the collaboration of journalists from all over the world. Among 2.94 terabytes of data they discovered are documents, emails, images, and more, that expose more than 400 politicians, billionaires, celebrities, and members of royal families around the world. Among them: the King of Jordan; the leaders of Ecuador,
07 Oct
Identity verification in the sharing economy – a key factor to trust building
Sharing economy – current situation and predictions “Creative disruption” – that is a phenomenon that has been occurring in the global economy for several years. It is all about the sharing economy that changed the face of traditional business. According to a study by PwC the sales revenue in the five sectors, where the impact
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Identity verification se…November 25, 2021
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Video identity verificat…October 27, 2021