How AML and KYC can save the cryptocurrency industry?

Cryptocurrencies are digital money and they are traded almost entirely online. They do not have any physical denominations and they can be transferred without any intermediaries. The emotions connected with cryptocurrencies, however, are absolutely real. They excite the minds of investors, they have as many supporters as opponents, and the number of types of funds

AML in Gambling industry – high stake game of KYC compliance

Since the dawn of mankind gambling has been linked to our history. It dates even before written history. And so whenever groups of our ancestors met there was a high probability that they gambled.  Ancient Greeks played dice, in China they played cards and poker dates back to the 17th century and so did the

Identity verification in 2021 – what to expect?

It’s been a year since the first lockdown was implemented. The pandemic is not over yet and getting almost everything done over the internet has become a standard to us. The process wasn’t easy, tons of emails, hours spent on helplines or on search for answers to our difficult questions. Confusion and unawareness has accompanied

Future of algorithm

Artificial intelligence is with us everywhere today and it is hard to imagine life without it. It is used in everyday items, such as telephones, vacuum cleaners, or watches, it works in internet search engines, is responsible for personalizing advertisements or helping in shops and hotlines. It can contribute to increasing cybersecurity and reducing disinformation,

KYC in gaming industry- level up your customer experience

Since the first arcade games in the 70’s the gaming industry has risen exponentially over the decades. It is the biggest earning media sector beating music, TV and movies. Year after year the sales records reach new heights and the number of players is also increasing. It has been estimated that the industry has reached

How can identity verification affect society?

Identity verification is a process that helps determine the accuracy of the information presented by an individual. It allows you to confirm the legality of the document, perform security analysis and identify the client so that we have no doubts that he is who he claims to be. Remote identity verification accelerated this process and

Deepfake – what it is and how to deal with it

Personal information data is a valuable object and a key area of national security. The growing importance of information at the turn of the 20th and 21st century contributed to the necessity of its protection, and with the digitization of information and its globalization, this protection took on a new dimension. In modern times, dominated

2020 – a year in Fully-Verified

2020 will be associated with the time of the pandemic. It was a year of challenges and changes in our lives. Lockdown has shut down many companies and forced the acceleration of digital transformation, which could have positive effects on many businesses over time. According to a statement from Microsoft, in two months they saw

Self – Verify or Live – Verify? How to choose the right identity verification tool and not get lost in the meanders of regulations.

How to choose the right identity verification tool for your business. Identity verification is a very important aspect for many businesses and it is difficult to imagine any activities without it. In a world increasingly filled with risk, due diligence in carrying out KYC processes and compliance with various regulations is essential in crime prevention.

5 trends of identity verification in 2020

Remote identity verification makes it easier to function in virtual reality. It allows companies, institutions, and organizations to confirm the identity of their customers and eliminate the risk of theft, fraud, and forgery.      Today, identity verification is needed more than ever. Reports in various countries around the world show that identity theft, frauds