Mule Accounts and Digital IDs: A Perfect Storm for Fraud
The dark side of convenience Remember when transferring money meant standing in line at the bank, filling out paperwork, and showing your driver’s license to … Read more
Industry: Financial Services
The Power of Trust in African Entrepreneurship
Africa’s entrepreneurs are ready for the global stage Across Africa, entrepreneurs are launching businesses that are reshaping industries, creating jobs, and strengthening economies. Today, 22% … Read more
Deepfake Fraud Is Up 2,137%—Here’s Why AI-Powered Defenses Are Now Critical
I recently returned from speaking at the 2025 MoneyLIVE Summit and Transform Finance events in London, and the urgency surrounding AI-driven fraud has never been … Read more
What does consent mean in ANZ?
Lawmakers around the world have placed strict rules on companies that collect and process biometric data of consumers, and the lawmakers in Australia and New … Read more
The Shift from Manual to Automated AML Compliance & Identity Verification
Why financial institutions can’t afford to stay stuck in the past Compliance teams are overwhelmed. Regulations keep piling up, fraudsters are finding new ways to … Read more
Friction in Digital IDV: A COO’s View on Balancing Security & Customer Experience
As businesses accelerate their digital transformation, identity verification (IDV) has become critical for credit applications, e-commerce, and financial transactions. Yet a persistent myth remains: that … Read more
What Is IDV Intelligence? How Agentic AI Is Changing IDV.
The need for stronger identity verification (IDV) has never been greater. Fraudsters are using deepfakes, synthetic identities, and stolen credentials to bypass traditional security measures. … Read more
Digital IDs: Are We Putting Too Much Trust in a Flawed System?
The allure of digital IDs The evolution of a verifiable digital credential—more commonly referred to as a digital ID or a mobile driver’s license (mDL)—has … Read more
Adverse Selection and Australia’s New AML/CTF Laws
Waiting to implement identity verification is a risk Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Act 2024 has officially passed, with full enforcement set … Read more
GBank boosts customer onboarding by 133% withIDVerse Deepfake Defender™
Since implementing IDVerse technology, GBank has seen a remarkable 133% increase in credit card applications.
Announcing the IDV “Color” for 2025
In the spirit of the reveal of the Pantone Color of the Year for 2025 (“Mocha Mousse”), we announce the official Identity Verification (IDV) Trend … Read more
Synthetic Fraud: Stop, Remediate & Listen
Synthetic identity fraud has recently emerged as a critical threat, particularly in the realms of document forgery and liveness deception. In fact, over the last … Read more
The Role of Digital IDV in Meeting Australia’s New AML/CTF Standards
The AML/CTF Amendment Bill 2024 has officially passed both the Australian House of Representatives and Senate, marking a pivotal moment in the nation’s efforts to … Read more
Australia’s New AML Laws: No More Simple Electronic KYC
The current landscape Australia took large strides last week to become world leaders in Know Your Customer (KYC) requirements when doing your Anti-Money Laundering (AML) … Read more
A Thanksgiving Reflection: The Evolution of Identity
Your name in clay Kushim: supposedly the earliest recorded name of a person in writing (c. 3400-3000 BCE). Found on clay tablets in Sumer, Mesopotamia. … Read more
Australia Leads the Way: Protecting Children in the Digital Age
In a significant move toward digital child protection, Australia is set to introduce legislation that restricts social media access for minor users under 16 years … Read more
What the UK Data Bill Means for Identity Verification
The UK Labour government has refreshed the previous government’s privacy law amendments with the Data (Use and Access) Bill. Similar to AI regulation, laws often … Read more
The Art of Prioritization: 6 Steps to Deciding Which Features to Develop
Building a successful identity verification (IDV) solution is as much about what you choose not to do as it is about what you decide to … Read more
A Fortress Against Fraud: Privacy-First AI & Enhanced Trust in ID Verification
Is it surprising to read that there are approximately 2,200 cyberattacks per day globally? While the number of successful breaches is not increasing, some reports … Read more
The Return on Identity™ (ROI) Framework: Quantifying the Value of Identity Verification
Identity verification (IDV) is crucial for modern businesses—yet many organizations struggle to measure its impact accurately. Some are unaware of the full costs involved. To … Read more
