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
document fraud
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
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
The Future of eKYC: Combatting PII Breaches & Deepfakes
Today, traditional electronic Know Your Customer (eKYC) processes are increasingly vulnerable due to widespread breaches of personally identifiable information (PII). In August 2024, a major … Read more
Executing Genuine Identity Onboarding In Digital Wallets
Identity-proofing is evolving beyond physical documents—and digital ID wallets are emerging as a convenient and secure way to store and manage our identities. As these … Read more
Scattered Spider Attacks: What They Are & How to Stop Them
A scattered spider attack is a sophisticated cybercrime method targeting call centres through social engineering and impersonation. Attackers trick agents into revealing sensitive customer information … Read more
Defending Against the Latest Cryptocurrency Scams
In a startling revelation, the FBI’s 2023 Cryptocurrency Fraud Report uncovered that Americans lost over $5.6 billion to cryptocurrency scams last year. This alarming figure … Read more
Reflections & Reactions from Identity Week America 2024
The IDVerse team was real, live, and present at the recent Identity Week America conference in Washington, DC, this past September 11-12. As is the … Read more
Identity Fraud Mitigation: The Customer Success Perspective
The role Customer Success teams play in combating identity fraud has been a topic of increased focus over the past several months. And it’s crucial … Read more
What is Natural Language Processing? (An Explanation for My Parents)
Hi mom and dad, It’s me again. I think you understood my last blog explaining neural networks, so I thought I’d keep going and talk … Read more
Automated Document Integrity Checks for Brazil’s New Gaming Market
As Brazil prepares to launch its legalized gaming market on January 1, 2025, operators face a crucial challenge: ensuring effective identity verification (IDV) to maintain … Read more
Australian Insurers Can’t Afford to Pass on AI-Driven Identity Verification
In recent years, the Australian insurance industry has faced an increasingly complex challenge: the rise of sophisticated fraud techniques. With the advent—and ever-increasing sophistication—of synthetic … Read more
Australia’s Digital ID Gamble: Are We Ready for the Risks?
This week, Minister Bill Shorten announced what’s being touted as a groundbreaking expansion of Australia’s Digital ID Trust Exchange (TEx). With $11.4 million on the … Read more
AI-Powered Fraud: The Dark Side of Digital Innovation
There continues to be a lot of buzz around threat actors using generative AI to fuel identity attacks and fraud. As the saying goes, “Where … Read more
User-Centric Design: Making IDV Seamless for Customers
IDVerse clearly understands that identity verification (IDV) is a critical process for many businesses—but we also recognize that it can be a potential point of … Read more
The Role of Remote Biometric IDV in Combating Sextortion
In recent years, sextortion has emerged as a serious and growing threat, particularly to teenagers and other vulnerable members of society. This alarming trend has … Read more
From Feedback & Demand to the POA Product for IDVerse
At IDVerse, innovation is at the heart of our ambition to revolutionize identity verification. Turning concepts into implemented features involves a meticulous process of ideation, … Read more
IDVerse POA: A New Standard in Proof of Address Verification
Businesses operating in the digital space today face the daunting task of complying with Anti-Money Laundering (AML) regulations while simultaneously preventing fraud and providing a … Read more
Protection From Fraudulently Obtained Genuine Documents
When it comes to identity verification (IDV), one of the most challenging types of document fraud to detect is the use of fraudulently obtained genuine … Read more
Australia’s Scam Safe Accord: A Beacon of Hope Emerges?
Australia is no stranger to the relentless assault of scams and schemes that threaten the financial security of its citizens. And in an environment where … Read more
