enhanced due diligence

Enhanced Due Diligence for Banks and Financial Institutions: KYC & AML Recommendations

In today’s business and regulatory climate, a business should not only be concerned with making profits — it should also attempt to know who it has business dealings with. This means identifying and verifying customers’ identities and meeting KYC guidelines. When a financial institution creates a new business partnership with individuals or organizations without fully […]

Get eKYC Right

How Asia-Pacific Banks Can Get eKYC Right [Infographic]

Asia-Pacific smartphone adoption is through the roof, and nine countries in Asia already have the same or higher smartphone ownership rate than the U.S. This skyrocketing mobile device adoption is a positive step for APAC banks and financial institutions when it comes to customer onboarding. Consumers increasingly expect that their online banking experience should be […]

the age of aml

New Regulations Usher in the Age of AML for Canadian Banks and Fintechs

Updates to Canada’s anti-money laundering (AML) and anti-terrorist funding (ATF) regulations are about to make customer onboarding and compliance much easier for banks and fintechs because they change the way end users can verify their identities. The Government of Canada recently published new regulation amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing […]


Why Online Identity Verification is Essential to CCPA Compliance

The California Consumer Privacy Act, or CCPA, is an unprecedented privacy law going into effect January 1, 2020. CCPA is expected to be the strictest data privacy law in the U.S. and will accomplish three major objectives, giving California residents the right to: Know what information businesses are collecting about them Tell a business not […]


The Harsh Reality of Account Takeover Fraud [Infographic]

Account takeover (ATO) fraud is when a fraudster seizes control of an online account, changes information such as the username, password or other personal information, and then makes unauthorized transactions with that account. ATO is on the rise, and businesses and banks are in the crosshairs. Cybercriminals are targeting a variety of accounts including checking […]


FaceApp: Photoshopping on Steroids

Check out the before and after pictures The Jonas Brothers created with FaceApp. While the app has been around since 2017, it’s gone viral in the last week as people use it to see how they would look when they’re older. Pretty cool.  Pretty innocuous. Well, maybe, not so much. Let’s start with FaceApp’s own […]


What is Biometric Authentication?

Thanks to the dark web and account takeover fraud, authenticating the identity of users presents an ever-evolving challenge. On one side of the authentication challenge are users who demand speed and convenience and don’t want to have to remember numerous passwords or make their way through a complex login or verification process every time they […]


5 Killer Mistakes When Onboarding New Players in Online Gaming

When it comes to online gaming, there are a number of converging regulatory trends that are challenging operators’ ability to quickly verify and onboard new players. If you’re a UK-based operator, you now have to contend with new UKGC rules to prevent underage gambling. These new rules prevent players from gambling until their name, address […]


What is Facial Recognition … and How Does It Differ from Facial Authentication?

There’s a healthy degree of confusion between facial recognition and facial authentication, but the underlying technologies are often very different and designed to address different use cases. With the launch of Apple iPhone X and its successors, facial recognition has gone mainstream and helped consumers recognize that their faces could serve as their password. In […]


6 Glaring Limitations of OCR for Identity Verification

We’re starting to observe a new market phenomenon: the rise of DIY online identity verification and efforts by companies to cobble together OCR technology, facial recognition software and low-cost manual review teams. Want to learn more now? Download Jumio’s eKYC in APAC Guide.  At its face, this approach makes some sense, but it’s important to understand […]