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Discuss upcoming trends in digital proofing, authentication, fraud and digital identity management.
As the owner, you will also give up ownership if you leave this group.
Robert O'Farrell CTO at ID-Pal
In the first four articles of this series (Current Techniques in Identity Verification: Establishing a Chain of Trust (continued)) we outlined the current methods of identity verification. Now we must look towards the horizon. As with any technological evolution, new threats emerge, requiring us to adapt and innovate. As the technology moves for...
18 December 2023 /security /identity
In part three of the series (Current Techniques in Identity Verification: Establishing a Chain of Trust) we started discussing the tests that computers can perform to verify a person’s identity. We ended that with a discussion of how ID document verification can be used to establish that you are dealing with a true identity. In this article we ...
12 December 2023 /security /identity
Barley Laing UK Managing Director at Melissa
Supporting criminal activity and risking substantial fines from regulators that also damage their reputation are not things any financial institution aspires to. Yet many are exposing themselves to such risks because they are not doing enough to prevent money laundering. With digitalisation creating new opportunities for money laundering to take p...
08 December 2023 /regulation /inclusion
So far in this series we’ve addressed how humans establish trust in a person’s identity (The Foundations of Identity Verification: Trust and it's Pillar's) and the challenges and opportunities computers face when performing the same task (Computerized Trust: How Machines Establish Our Identity). In this third part of our five-part series, we mov...
04 December 2023 /security /identity
In our previous article (The Foundations of Identity Verification: Trust and its Pillars), we walked through the essence of how trust is established in the real world. Now, in part two of our five-part series, let's venture into the realm of machines. Here we explore the cold yet intricate logic they employ to answer the same age-old question: &...
27 November 2023 /security /identity
In the modern world, trust is more than just a human sentiment. It's the foundation of how we secure transactions, interactions, and ensure the integrity of our digital selves. As we navigate the vast online spaces, the question, "Who are you?" takes on heightened importance. This is the first in a five-part series examining identity ve
20 November 2023 /security /identity
Donica Venter
In recent years, Africa has witnessed substantial growth in its digital landscape, significantly altering the way people access financial services. Digital innovations, particularly in the domain of digital identity, have played a central role in extending financial access and fostering inclusion across the continent. In this discussion, we delve ...
30 October 2023 /payments /inclusion
Finextra recently reported that many of those in financial services were found wanting with their sanctions screening efforts by the Financial Conduct Authority (FCA). After a survey of sanctions controls at 90 firms the FCA uncovered deficiencies across staffing, technology and reporting networks, leading to a lack of adequate resources to ensure...
16 October 2023 /regulation /identity
Fraud, whether by an individual or a business, is on the increase. This is largely due to many banking services being accessible online – a convenience that comes with some risk. To help prevent fraud, as well as to ensure compliance with existing know your customer (KYC) and Anti-Money Laundering (AML) regulations; know your business (KYB) and KYC...
26 September 2023 /regulation /identity
Clare Rowley Head of Business Operations at Global Legal Entity Identifier Foundation (GLEIF)
Money laundering and terrorist financing create significant systemic risks in the global financial system. The intricate webs spun by fraudsters and criminals to evade detection crisscross national borders and legal jurisdictions, commonly exploiting multiple financial institutions and legal entities. In today's instant digital economy, this is ex...
08 September 2023 /identity /crime
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