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image of women wearing glasses holding phone in hand and smiling at computer. Image text reads: Empowering Member Trust.

Empowering Member Trust: Finding the Best Online ID Verification Partner for Credit Unions

March 29, 2024

In the ever-evolving financial realm, credit unions are experiencing a notable surge in membership, indicating a shift in consumer preferences towards a holistic banking experience. This encompasses not only competitive loan rates but also factors such as convenience, security and personalized service. Credit unions, serving as pillars of trust and reliability within their communities, face…

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

March 12, 2024

Face ID was added to most smartphones in 2017. The revolutionary technology largely replaced iPhones’ TouchID software and added an extra layer of security to Apple smartphone devices. The two-layer security combination of Face ID and Passcode keeps iPhones more secure than traditional facial recognition done by a simple 2D front-facing camera. But Face ID…

Jumio + 4Stop: 2 Years Later

Two Years Later: Reflections on Jumio’s Acquisition of 4Stop

February 28, 2024

It’s been two years since 4Stop was acquired by Jumio, and as the former 4Stop CEO, I’m happy to say that this has been one of the best experiences of my career.  2022 was a big year for acquiring data orchestration hubs like 4Stop, as everyone realized the importance of orchestration to their business strategy….

Stopping Deepfakes: 3 Essential Steps

How to Stop Deepfakes

February 22, 2024

Deepfakes are causing massive disruption across industries and are threatening companies’ security, reputation and bottom line. Every day there are new reports of criminals breaking through online security protocols and defrauding businesses and their customers around the world. InfoSec and IT departments are scrambling to put better policies and systems in place to prevent deepfakes….

Identity Verification Integration Channels

Identity Verification Integration Channels: Which One is Right for Your Business?

February 20, 2024

One of Jumio’s strengths is that we provide various channels for integrating the identity verification journey into your onboarding workflow: a Web Client, Web SDK, Mobile SDKs and REST APIs. Each channel has unique advantages, and you can leverage one or more channels as needed. Fraudsters are becoming more and more sophisticated, and no solution…

The Fintech Times logo. AI and the Future of Fraud prevention.

The Fintech Times Webinar: 5 Key Insights in the AI-Fueled Fraud Landscape

February 13, 2024

In 2023, we witnessed the widespread adoption of AI tools such as ChatGPT, Dall-E, and Bard. However, along with the positive advancements, there were also negative aspects, particularly in the realm of fraud. To gain a better understanding of how AI is shaping the future of fraud prevention, The Fintech Times recently hosted a webinar….

Age Verification vs. Age Gating: How AI Aids Online Minor Safety

February 08, 2024

Preventing minors from accessing age-restricted products, services or content is a major challenge in today’s digital-first world. While traditional age gates (popups or forms that ask website visitors to enter their date of birth) can deter some minors from visiting restricted websites, they don’t do enough to block access completely. These types of age verification…

Online Gambling in 2024 - Regulatory Trends

New Report: Regulatory Trends in Online Gambling for 2024

February 07, 2024

The iGaming market is hotter than ever as more and more players discover the fun and convenience of gambling online. Many governments around the world are legalizing online sports betting and casino games in an effort to reduce illegal gambling and put better consumer protections in place. But regulations vary widely from country to country…

Knowledge based authentication vs. biometric authentication

Knowledge-based Authentication vs. Biometric Authentication: Which is Better?

February 05, 2024

Hackers are more sophisticated than ever. To keep customer data safe and secure, financial institutions need a customer authentication system that keeps them one step ahead. Both knowledge-based authentication (KBA) and biometrics can help protect sensitive customer information, but which offers better, more reliable data security? And with growing security risks, is one authentication method…

Customer Identification Program Requirements

January 30, 2024

Finance and banking are among the most regulated industries in the U.S., and it can be difficult to keep all the requirements straight. As part of Know Your Customer (KYC) and Anti-money Laundering (AML) compliance, financial institutions are required to verify customer identities through a Customer Identification Program (CIP). CIPs became a legal requirement with…

image of green lines connecting creating a face outline. Image text reads: Identity Verification in 2024. Which provider will prevail?

Forecasting 2024: Which Identity Verification Provider Will Come Out on Top?

January 29, 2024

Customer requirements are transcending traditional know your customer (KYC) use cases, with identity verification now encompassing a broader range of applications in marketplaces, workforces and security. Gartner predicts that by 2027, the global demand for individual identity verification point tools will decrease by 20% due to the increasing need for all-in-one digital identity platforms. As…

image of person holding phone . Phone is showing a selfie capture with a computer in the background showing sports betting website. Image text reads: Identity Verification for Sportbooks. 5 key questions

5 Questions Sportsbooks Should Ask Before Choosing an Identity Verification Solution

January 25, 2024

Online sports betting has exploded across the U.S. in the past few years. Sportsbooks like DraftKings Inc. and FanDuel Inc. are ubiquitous on TV, radio, billboards and social media. All the major U.S. sports leagues now have partnerships with betting platforms. In August 2023, ESPN struck a 10-year, $1.5 billion deal with Penn Entertainment to…