March 2023 KYC Customer Due Diligence Customer due diligence (CDD) is a process of gathering and verifying information about customers to assess their potential risks and ensure compliance with regulations. This process involves collecting data to confirm the customer’s identity to prevent various types of illegal activities, including -but not limited to- identity theft and
January 2023 2022 in Fully-Verified It’s been an eventful year here at Fully-Verified. We’ve made significant strides in improving the accuracy and efficiency of our verification processes, and we’ve also expanded our services to meet the growing demand for secure online identity verification. What is more, we grew together and welcomed new people on board!
UPDATEJanuary 2023 Identity verification for CFD and Forex Brokers Forex brokers must verify and protect against fraud not only for the benefit of customers but also to to comply with regulatory requirements. Furthermore, they need to make sure they can verify their customers’ identities under the Know Your Customer (KYC) regulations. Financial regulations like KYC
UPDATE January 2023 How proper KYC process can boost conversion rates? Protecting your company from fraud is essential, but if you’re afraid that Know Your Customer (KYC) regulations will negatively impact your conversion rates or suffocate your business, you don’t have to worry anymore. Establishing your KYC processes correctly can positively impact your business. It
This article will explain what are deepfakes, how deepfakes may damage business and how to prevent such fraudulent activities. If you work in a company that has to verify users identity, and you want to avoid revenue losses you may find here some interesting information. How are deepfakes made? Deepfakes are recordings prepared with the
Commercial real estate, because of its nature, is inevitably bound not only with frequent high-value transactions, tons of paperwork including contracts, leases and escrow documents, but also with managing and verifying hundreds of individuals and organizations which are a part of the business; each agent has to be included in a secure identity system to
Safeguard your crowdfunding activities with high-end KYC solutions When it comes to crowdfunding, the most significant value is trust. In this business, potentially anyone can be an investor or a donor, so you just have to know the background of who is sending the money and where their money is coming from. Conducting Identity verification for
Casino and betting operators are constantly under increasing pressure to prevent fraud, money laundering, and underage gambling while maintaining a positive user experience that doesn’t discourage players or cause them to migrate to competitors. It may seem challenging to achieve these objectives simultaneously with so many challenges to overcome. The KYC process can make it
eGaming is one of the fastest-growing industries today. Its impact on economies across the world has been more than significant. It has an exponentially rising demand for high-quality services and products due to a massive surge in players. Unfortunately, gaming and e-sport are full of opportunities for scams and fraud. Players need to feel safe,
The new era of digitalization has already begun and the world around us is more and more interconnected. The amount of online activities undertaken by both businesses and users is on the rise. This puts the financial industry under pressure to adapt its services to an online form, requiring suitable tools to confirm who is
Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.