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…
Thanks to the dark web, cyberattacks and account takeover fraud, authenticating users’ identities is an ever-evolving challenge — but one that biometric authentication can help solve. Biometric authentication verifies a user’s identity based on unique biological traits such as retinas, facial features, fingerprints and even voice. Each time a user accesses their account, the biometric security…
Lottoland has grown rapidly to become a world leader in online gaming. Innovation, coupled with the freedom to offer players a unique and enhanced lottery experience, has been key to the company’s success. In June 2018, Lottoland paid out €90 million to one lucky winner, a win that has been confirmed by Guinness World Records…
Ahli United Bank B.S.C. (AUB) is a leading pan-regional Islamic financial services provider, incorporated in Bahrain in May 2000. It offers a full range of Sharia-compliant retail, commercial, private banking and wealth management services across the MENA region and the UK. With 163 branches in 8 countries, AUB operates through its Bahrain Head Office and…
In the global business landscape, expansion is a delicate and complex process, akin to assembling an intricate puzzle with numerous interlocking pieces. Each component in cross-border expansion contributes to the broader picture of success. However, much like assembling a challenging puzzle, navigating the multifaceted landscape of Asia Pacific (APAC) markets requires the alignment of crucial…
Let’s be honest – the car-buying experience is a dreaded affair for most of us. It’s time-consuming, exhausting, and these days, it can be pretty expensive. But beyond the usual headaches, car dealerships are facing an increase in challenges that go beyond negotiating prices and interest rates. The rise of fraudulent applicants, synthetic fraud, and…
In today’s generative-AI landscape, where the specter of identity theft and fraud looms large, the importance of ensuring the authenticity of individuals has reached a critical juncture for businesses and organizations. Background screening companies, entrusted with the responsibility of conducting thorough checks on candidates for employment, play a pivotal role in upholding the integrity of…
In the real world, proving your identity is pretty straightforward. When you show up in person to open a bank account, rent a car, book a hotel room, gamble at a casino or purchase alcohol, you present your government-issued ID, proof of address or whatever else might be required for the transaction, and the company…
Anti-Money Laundering (AML) processes are designed to prevent illegal money transactions that hide the source of funds earned from or funded for criminal activity. One of the best ways to improve your company’s security against these transactions is to develop a thorough risk assessment procedure. Although the law does not specifically require that you develop…
Ever hear of the Tinder Swindler? The Tinder Swindler is a Netflix documentary about lies, deceit and online dating. Shimon Hayut, aka the Tinder Swindler, is a convicted fraudster who used dating apps to meet women, then established lines of credit and loans in their names, ultimately leaving them holding the bills. Hayut assumed multiple…