287 Results from /identity
Retired Member
As technology constantly evolves, becomes simpler and more cost effective, it is also simultaneously becoming more accessible to fraudsters. This means we’re seeing a surge in fraud cases. The latest tactic these bad actors are turning to is synthetic identity fraud. In the US, it’s already the fastest growing type of financial crime according to ...
29 September 2020 /identity /crime Digital Identity Management
Barley Laing UK Managing Director at Melissa
What is clear from the pandemic is that financial institutions need a standout online presence if they are to prosper today and in the future. The health crisis has hastened acceptance and reliance on digital solutions for home working and shopping. The same goes for banking and payments as consumers become increasingly comfortable engaging with th...
24 September 2020 /regulation /identity Data Management and Governance
Riten Gohil Director & Co-Founder at Sphonic
The importance of Regtech to navigate through the haze of regulation, criminality and bad shopping choices in the Covid era. Living with the new-norm You’re on Mute! Clearly the phrase of the summer as millions of us descend to the dining tables, garden rooms, loft, home office or whatever space you can find amidst the fun and games of kids taki...
10 September 2020 /identity /crime Fintech
Types of blockchains The most commonly talked about feature of blockchain is that it is decentralized, meaning that there is no single organization or individual in control of all the information. In 2017, as blockchain gained a lot of media attention, critics focused on the public aspect of the platform and said that everybody could see transacti...
20 August 2020 /security /identity
Introduction Data breaches have been escalating out of control in recent years. Not even top companies can prevent massive hacks and account takeovers of their customers. No industry is immune either, as this pestilence has been wreaking havoc across the board. So why is this happening? Simply because data breaches have become so easy to do and so ...
18 August 2020 /security /identity Fintech
The world was already speeding into the digital age before Covid-19. However, the pandemic has supercharged the process prompting financial services companies to improve engagement with their customers across all digital channels. The reason - consumers are increasingly worried about visiting high street branches in the current climate and recognis...
07 August 2020 /regulation /identity Digital Identity Management
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
Accuracy measures the degree to which data represents the real-world entity in this case a person, organization, or Source from where we know it has originated. Measuring data quality is possible if the characteristics of its physical and contextual existence are well understood. These characteristics of data can be translated into data quality rul...
02 August 2020 /regulation /identity Analytics in Banking
Jonathan Jensen Regulatory Policy Advisor at GBG
The challenge faced by every financial provider, including fintechs, is how to onboard customers as smoothly as possible. But what does best practice look like? In my experience, signing up for a new account can be an exercise in friction and frustration, not least because identity verification has been poorly implemented as an afterthought. A dig...
29 July 2020 /payments /identity Digital Identity Management
René Hendrikse Vice President & Managing Director, EMEA & LATAM at Mitek
From social media scams to fake government texts, phishing links in business emails and false phone calls, fraud has risen sharply since the start of the COVID-19 pandemic. More than 2,500 scams had been reported to investigators in the UK by the start of April alone. The threat doesn’t show signs of slowing down either. By early May, more than 16...
23 June 2020 /identity /crime Digital Identity Management
Over the last few months, we have been presented with more e-commerce and online offerings than ever before. From online shopping to virtual gym classes, the pandemic has accelerated the move towards a fully digital world. Unfortunately, this growing digital presence leads to a rise in cyber-attacks, too, and more specifically, fraud. Even before ...
08 June 2020 /identity /crime Digital Identity Management
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