309 Results from /identity
Liudas Kanapienis CEO at Ondato
Besides the technical challenges they face protecting their customers from digital risks, telcos also have a big job on their hands when it comes to maintaining regulatory compliance.l AML (Anti-Money Laundering) and KYC/KYB (Know Your Customer/Know Your Business) regulations are having a significant impact on telcos across various jurisdictions. ...
07 August 2023 /regulation /identity Biometrics
Hrefna Sigfinnsdottir CEO Creditinfo Iceland at Creditinfo Group
KYC – Know Your Customer – is about understanding who your customer is and if they are who they claim to be. However, as simple as this sounds, the process and information required to reach that judgement can be complex. Traditionally, KYC has been an indispensable tool for the credit and lending industry, helping lenders perform risk assessment on...
31 July 2023 /identity /crime Banking and Lending Solutions
Retired Member
Our research last year revealed that at least six million people in the UK are ‘ID Challenged’. This means that they struggle to prove who they are in order to access the products and services they are entitled to – in both the private and public sectors. Digital ID is rapidly being rolled out by all sectors as the primary way to access those serv...
27 July 2023 /inclusion /identity Digital Identity Management
In the UK, fraud has become a significant concern, to the point where it has been reclassified as a threat to national security, elevating its status to that of terrorism. This highlights the importance of addressing fraud and its associated risks. Among the individuals most susceptible to fraud are politically exposed persons (PEPs) due to their ...
20 July 2023 /regulation /identity Banking Strategy, Digital and Transformation
Adam Preis Global Strategist at Ping Identity
FinTech and banking applications are accessed every day by millions of consumers around the world, and passwords remain the primary method of authenticating users into the service. Yet, they are inherently vulnerable and create risks for every financial organisation that exists. So, how do we mitigate that risk without compromising on experience, ...
17 July 2023 /security /identity Banking
Barley Laing UK Managing Director at Melissa
Speeding up business processes and tasks is something evolving software-as-a-service (SaaS) has been instrumental in delivering. Today, as SaaS reaches maturity, it offers great value to those in financial services to improve the way they operate. Efficient, cost effective and easy to deploy Due to SaaS tools being able to be accessed instantly thr...
14 July 2023 /regulation /identity Banking Strategy, Digital and Transformation
Grant MacDonald Director of Financial Crime at Experian
The growing complexity of the financial sector is creating new opportunities for money launderers. As a result, it is essential that financial institutions are equipped with the appropriate knowledge and resources when it comes to identifying financial crime. Money laundering poses a lasting threat to the global financial system, enabling criminals...
20 June 2023 /identity /crime Banking
Traci Krepper Head of Propositions, Identity and Fraud at Experian UK&I
The fight against fraud is a constantly mutating challenge. Latest findings from UK Finance revealed that more than £1.2billion was stolen through fraud last year – the equivalent of £2,230 a minute. But through a combination of technology, and increasingly sophisticated security measures businesses are fighting back. How are businesses protecting...
15 June 2023 /identity /crime
Rick Song CEO / Founder at Persona
To most organizations you interact with, your identity extends beyond just who you are. For a healthcare institution, your identity is you plus your proof of insurance. In dealing with your stockbroker, bank or mortgage lender, it’s you plus your money, your social security number, credit rating, etc. And for companies that answer to regulators, y...
07 June 2023 /identity /crime Fintech World
Robert Siciliano Security Analyst at Safr.me
The new FTC Safeguards Rule goes into effect on June 9. Everyone in the real estate industry needs to take note of this and evaluate their need for compliance. Failure to comply can result in fines up to $43,972 per day. There is an above-average chance that your real estate business will be subject to these regulations. Who Is Subject to the FTC ...
01 June 2023 /identity
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