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Thomas's blog archive

2020 (1) 2019 (3) 2018 (2)
Thomas Winter

Thomas Winter

Managing Director at jenID Solutions GmbH
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Bio I have a very advanced understanding of how to fit reliable and accurate real-time ID authentication solutions seamlessly into existing business processes in the financial industry, insurances, telcos and the travel industry without compromising on speed or user experience. Career History My career spans the automative, medical, and ID verification industry. After graduating in Business Administration I gained experience in Controlling and Performance Management at Daimler AG.


Cryptocurrency Insights

Cryptocurrency firms: Do you have your house in order?

09 Mar 2020

It’s no surprise that the 5th Money Laundering Directive tightened up on the cryptocurrency sector in the EU, finally catching up with the US. There has been a void in regulations in this sector which has certainly enabled bad actors to avoid appropriate checks and allowed fraud and other criminal activity to steam ahead using this currency. Both ...

Artificial Intelligence and Financial Services

Using Artificial Intelligence to strength your identity check processes

07 Oct 2019

There’s not much you can’t get on the dark web; it’s a lawless haven for cybercriminals. As businesses continue to utilise increasingly stringent identity checks, fraudsters will always be trying to get one step ahead. Currently on sale on the dark web are passport scans. For just £55 you can get a typical passport scan with accompanying selfie. I...

Digital Identity Management

Don’t let our quick fix society get in way of AML checks

16 Jul 2019

It’s very clear that money laundering is well and truly on the rise. Although it’s pretty much impossible to pinpoint exact figures, government officials estimate that between $800 billion and $2 trillion cash is laundered globally, every year. That’s a staggering 2- 5% of global GDP annually. That’s an amount which looks set to rise with criminal...

Financial Risk Management

Merging RegTech and Identity

12 Feb 2019

According to a recent report by MarketsandMarkets, the Regtech market is expected to be worth $12.3 billion by 2023. This is driven by an increase in the cost of compliance, as even more regulations are adopted and the requirement for a more streamlined customer experience proves to be more important than ever. Know your customer, anti-money laund...