The Trusted Identity Blog

Our take on identity in a digital-first world.

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We're Pumped Money2020

10 Reasons We’re Pumped for Money20/20 USA

October 16, 2018

Aside from the obvious one (Las Vegas), there are so many reasons to get excited about Money20/20 USA. It’s a great opportunity to learn about innovative new financial products and services, connect with our customers (and meet some new ones!), rub elbows with industry leaders and hear some of fintech’s finest speak on everything from…

compliance made simple

The Online Identity Verification Solution Cheat Sheet

October 12, 2018

Thanks to a steady stream of data breaches, the number of data privacy and data protection regulations is growing and becoming more stringent. Historically, the EU has taken the lead with regulations, as is evident by AML, KYC and GDPR, but the U.S. is starting to take notice—the California Consumer Privacy Act, when it goes…

millennials and onboarding

5 Ways to Keep Millennials on the Hook During Account Onboarding

October 09, 2018

When was the last time you set foot in an actual bank branch? Traditional brick-and-mortar banking is becoming a thing of the past, with 40 percent of Americans not setting foot in a bank in the last six months. While all generations are increasingly adopting online banking, millennials are taking the lead in mobile banking…

How Online Identity Verification Helps Build Trust and Safety

October 04, 2018

Trust and safety are highly valuable to businesses that need to protect both the reputation and the security of their ecosystems. Businesses need to be able to build quality relationships with complete strangers while also reducing the risk of fraud, criminal behavior and physical harm. Threats to trust and safety can take many forms depending…

facebook data breach

Facebook’s Data Breach: A Double Whammy for Business

October 01, 2018

Let’s hit rewind for a second. Do you remember the epic Equifax data breach of July 2017? The breach exposed sensitive data about millions of Americans—including thousands of passports and driver’s licenses which were compromised along with the Social Security numbers of nearly all of the more than 146 million affected consumers. With any data…

gdpr and psd2 compliance

GDPR & PSD2 Compliance

September 25, 2018

2018 has been a big year for compliance, with the second iteration of the Payment Services Directive (PSD2) going into effect in January and General Data Protection Regulation (GDPR) launching in May. Still trying to wrap your head around these two regulations and what your business needs to do to properly process the personal data…

ai identity fraud

Artificial Intelligence & Identity Fraud Solutions

August 28, 2018

Back in December, 4iQ discovered a single file with a database of 1.4 billion clear text credentials — the largest aggregate database found in the dark web to date. The really scary part was that none of the passwords were encrypted, and the ones that have been tested have been verified to be valid. This is bad…

identity verification compliance

Compliance Acronyms in Your Customer Identity Verification Process

August 21, 2018

GDPR. AML. KYC. PSD2. CCPA…The acronyms just keep on coming and with them, increasingly stringent and complex requirements for businesses to meet. While delivered with good intention to protect consumers and the global financial system, these mandates and compliance edicts naturally add complexity to business processes. Our latest e-book, Compliance Made Simple, will help you…

Liveness Detection

The Evolution of Liveness Detection for Identity Fraud Detection

July 18, 2018

The identity fraud detection game is evolving. Fast. Online fraud is now 81% more likely than fraud at the point of sale, and account takeover fraud (ATO) made up a significant and growing chunk of total online fraud in 2017, according to a new report. In its 2018 Identity Fraud Report, Javelin Strategy and Research…

Negotiating Your ID Verification Strategy

Negotiating Your Customer Identity Verification Strategy [Infographic]

June 27, 2018

Look around the online world—from online banking to ridesharing to iGaming—and you’ll see an ongoing struggle to negotiate two often competing goals: driving up customer conversions and driving down online identity fraud. A solution is needed. (Spoiler alert: Our solution is detailed in this Online Identity Verification Buyer’s Guide. Go ahead and get your copy…

Lessons on Identity Proofing From an Infamous ID Thief

June 13, 2018

During his short stint as an identity thief, Dan DeFilippi stole dozens of identities off the internet and pilfered more than a half a million dollars from banks, creditors, and innocent individuals. In 2002, DeFelippi decided that buying stolen credit card data wasn’t whetting his appetite enough. Late one night, he set up a clone…

Winning More Customers in Online Gaming

Winning More Customers in Online Gaming Verification

June 07, 2018

The global online gambling and betting market is hot. So is the competition to win new players. With a global market expected to reach €81.73 billion by the end of 2024–a combined annual growth rate of 10.8% from 2016–the pressure to convert customers is high and the reward for those who win is significant. And…