The regulatory landscape in the EU is demanding, with the GDPR, PSD2, AMLD, and DSA setting some of the highest bars for data processing and user consent anywhere in the world. In practical terms, this means that any onboarding improvements online businesses want to make must first be reviewed by risk, legal, and privacy teams….
What Are Online Dating Scams? Online dating scams are fraudulent schemes where criminals create fake identities on dating platforms to manipulate victims emotionally or financially. These scams often involve romance fraud, catfishing, identity theft, and financial deception. As dating apps continue to grow in popularity, online dating fraud has become a major cybersecurity and consumer…
KYC requirements for financial institutions help banks and other financial services organizations verify customer identities, assess risk, and meet applicable anti-money laundering (AML) obligations. An effective Know Your Customer (KYC) program combines customer identification, risk-based due diligence, and ongoing monitoring throughout the customer relationship. The main goal of KYC is to start this verification process…
Electronic IDs (eIDs) used to be optional — a nice-to-have for the more tech-forward users, a pilot program here and there. That’s changing fast. Governments are issuing digital ID cards and wallets at scale, and regulators are beginning to require businesses to accept them. Mobile driver’s licenses, government-issued eIDs, civic identity apps, digital wallet credentials…the…
SBC Summit 2026 brought the global betting and gaming industry together in Lisbon, with more than 40,000 industry professionals attending. From regulatory change and market expansion to fraud, onboarding and the evolution of the player experience, the event provided a clear snapshot of where the industry is heading. For Jumio, it also provided plenty of…
Fraud has always evolved. What has changed is the pace. Americans who filed cryptocurrency-related complaints reported losses exceeding $11 billion in a single year, one data point among many that signal a threat landscape operating at an entirely different scale and velocity than even a few years ago. For fraud prevention leaders and CROs at…
Not long ago, deepfakes were a novelty. Videos were passed around social media and between friends for their shock value alone. Today, these once “harmless” video tactics are being used as a tool for fraud. A highly effective one. Fraudsters are using face morphs, synthetic AI-generated faces, altered facial attributes, fake identity documents, and video…
eIDAS 2.0 is the European Union’s updated framework for electronic identification, authentication and trust services, and it changes how banks, payment providers and e-money institutions bring customers on board. The regulation mandates secure, interoperable digital identity across all 27 member states, replacing a patchwork of national eID schemes with a single technical and legal baseline….
Selfie ID verification is a very popular and user-friendly method of biometric identity verification. It began as a point-in-time photo match, and over the years has evolved into a persistent, AI-powered trust signal that spans the full customer lifecycle. The threat environment has evolved alongside it. Deepfake fraud attempts grew 2,137% over three years, and…
Trust is easy to establish. Maintaining it is the hard part. For years, identity verification has largely been treated as a point-in-time problem: verify a person at onboarding, confirm the document is legitimate, match the face to the identity, and establish trust. But today’s threat environment has fundamentally changed the equation. Identity data is valuable….