Account takeover fraud carries a number of financial and reputational risks. For this reason, estimates suggest that around two thirds of businesses classify ATO as a top business threat. This is particularly the case because research has shown that the number of ATO attacks is on the rise, with fraudsters becoming increasingly sophisticated and difficult to spot.
Putting proper KYC processes in place is essential if you’re looking to ensure compliance with anti-money laundering directives. However, when they’re creating AML and KYC processes, many companies are wasting huge sums of money and countless man hours because their processes are ineffective.
Get the global picture of the current fraud landscape drawn from our cross-industry work across all regions over the last year. With the most insightful data, opinion and analysis from our world-renowned fraud experts, and tips to help you stay ahead of the fraudsters in 2024, the Veriff Fraud Report 2024 is a must read.
Explore the often-overlooked aspect of identity document validity periods. Typically, people only consider the expiration date when renewal approaches. Validity periods are generally straightforward, spanning 5 or 10 years, and documents often expire on the same day they were issued. Yet, the scenario in the USA presents a unique perspective.
Promotions of Hubert Behaghel to Chief Technology Officer and Suvrat Joshi to Chief Product Officer will drive customer-centric innovations in the fight against identity fraud.
We are glad to announce that Veriff is one of the first IDV companies that has been awarded with Cyber Essentials Certificate.
On December 30, 2023, President Luiz Inácio Lula da Silva marked a historic milestone by signing Law 14.790, ushering in a new era for the betting and iGaming industry in Brazil. This crucial legislation addresses a regulatory void that persisted since 2018, providing a structured framework for businesses to legally operate within one of the world's largest gaming markets.
Empower your business with the transformative capabilities of digital onboarding. Uncover the paramount advantages of seamless security by partnering with Veriff. Safeguard your assets effectively and embark on a journey to fortify your business today.
User onboarding is vital for digital products, shaping the user journey and experience. It introduces new users, guiding them from sign-up to engagement. Effective onboarding ensures a smooth transition, impacting retention and satisfaction.
Identity verification and fraud concerns as we head into the biggest election year on record
One of Veriff’s newest clients is the dating app viida is life, which is set to launch in the new year. We spoke to co-founders Ashraf Elashiry and Harin Rhandawa about why creating a safe and trusted environment is a key USP for their vision of a better way of dating online.
Discover the key to efficient user onboarding through our ultimate guide on client onboarding KYC checklists. Learn more with Veriff.
What does 2024 have in store for the world of fraud prevention? We predict more sophisticated AI attacks, the need for a holistic approach to combat a multitudinous fraud threat, and a big year for biometrics.
Having come into their own during the pandemic, electronic signatures are evolving rapidly. We spoke to the cofounder of eID Easy to find out why he believes combining electronic identities with e-signatures will change the world for the better, and why Veriff and eID Easy are perfect partners.
With many countries in the process of discussing or already moving forward with legislation to govern the use of artificial intelligence, we have pulled together the most important information you need to know on how key economies approach the regulation of AI