How APAC Fintechs and Banks Can Get eKYC Right

Banks are striving to grow their customer base through faster, easier and lower-cost digital channels. Yet, the current regulatory and cybersecurity landscape creates a layer of complexity. Consumers want the convenience of signing up through digital channels, but financial institutions must comply with stringent anti-money laundering (AML) and know your customer (KYC) regulations that typically […]

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Apple-Face-ID

Is Apple’s Face ID Strong Enough for Identity Proofing?

Face ID is a quantum improvement from traditional pin/passcode combinations which can be stolen via the dark web, phishing attacks or social engineering. And its facial recognition capabilities are more secure than traditional facial recognition done by a simple 2D front-facing camera. In fact, Face ID is now being used to unlock online transactions too […]

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The Sudden Emergence of KYP: Know Your Patient

Over the last decade, there have been over 2,550 health care data breaches impacting more than 175 million medical records. That’s the equivalent of affecting more than 50 percent of the U.S. population. What’s not commonly understood is that medical records command a high value on the dark web. These medical records can be listed […]

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CCPA

CCPA: Making Sense of California’s Strict New Data Privacy Law

Is your business ready for January 1, 2020? This is the date when the California Consumer Privacy Act, or CCPA, is slated to take effect. It’s expected to be the strictest data privacy law in the U.S., and will require data privacy protections and requirements similar to or broader than those imposed by GDPR. The […]

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A More Sensible Approach to Account Recovery

Let’s face it — passwords suck. Why? Let me count the ways: They’re routinely forgotten They’re highly insecure thanks to near-weekly data breaches They’re usually pretty crackable They’re often shared with friends and family They’re reused and recycled across websites That’s why they’re usually considered the weakest link in the security chain. And that’s one […]

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Trust and Safety: The Linchpin to Sharing Economy Success

How safe do you need to feel in order to rent a room in a stranger’s home, or to trust someone you’ve never met to drive you home after a night out on the town? Companies who get trust and safety right are reaping the rewards — the sharing industry is expected to skyrocket to $335 […]

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jumio-sanctions-screening

Sanctions Screening Starts with Onboarding … But it Shouldn’t End There

A staggering $26 billion in fines has been imposed for non-compliance with Anti-Money Laundering (AML), Know Your Customer (KYC) and sanctions regulations in the last decade, according to recent Fenergo analysis. All 10 of Europe’s biggest banks, including BNP Paribas, Société Générale, Santander and other popular banks have fallen foul of anti-money laundering authorities. Recent […]

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JWIN

Jumio Women on the Rise: Women’s International Network

Today, on International Women’s Day, Jumio launches the Jumio Women’s International Network (JWIN), the company’s first official internal organization dedicated to positively influence women’s development and workplace culture. JWIN’s mission is to implement the core ideas of integrity, diversity, empowerment, inclusiveness, accountability and leading innovation across Jumio’s international network of female professionals. The organization will […]

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