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 […]
Read more...
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 […]
Read more...
Consumers are increasingly using their mobile devices to create new online accounts and to access those accounts and online services on the go. That’s why it’s not surprising that face-based biometrics are now taking the place of fingerprints, PINs and even passwords. Counterpoint Research suggests that more than one billion smartphones will have some form […]
Read more...
The UK Gambling Commission (UKGC) recently released its new customer identity verification rules , which take effect on May 7, 2019. The new requirements are part of the regulator’s three-year plan to ensure a “fairer and safer” gambling environment for UK consumers. The table below highlights some of the key changes when it comes to […]
Read more...
In the world of digital identity, there are two distinct realms — the realm of identity proofing and the realm of authentication. These realms have been separate and distinct for decades. Companies have used a variety of identity proofing techniques to remotely establish the identities of users by requiring them to visit a local branch […]
Read more...
There’s no question that online gaming is hot. There’s a lot of money on the table — the global online gambling industry is expected to generate revenues of more than $74 billion by 2023. Casumo launched in 2012 with a vision to disrupt the status quo in the online gaming industry. The company prides itself in […]
Read more...
The promise of Augmented Intelligence is undeniable. At this year’s Google I/O developer conference, Google demoed a very natural-sounding Google Assistant making an appointment over the phone — a feature it calls Google Duplex. This wasn’t just auto-filling an online form — this was a phone call between Google’s AI Assistant and a human working […]
Read more...
Intuitively, I think most of us presume that fraud spikes if you’re in retail and dealing with e-commerce. Last year, online fraud attempts in the period from Thanksgiving Day to December 31 increased by 22 percent, while the number of overall transactions increased by 19 percent (Source: ACI Worldwide, January 2018). In fact, on peak […]
Read more...
In a 24/7/365 world of digital access to anything, any time, the on-demand experience is engrained in all aspects of modern life, whether at work or play. This need for excitement and instant gratification also applies the global online gaming and gambling market, which is rapidly growing and expected to generate revenues of more than […]
Read more...
Can you imagine going a day without going online? No email, no social media, no silly cat videos, no 24-hour news cycle…it seems almost impossible because we spend our lives connected to the internet. In fact, the average number of hours that users go online has reached a new high at 23.6 hours per week, […]
Read more...
