Let’s face it — passwords suck. Why? Let me count the ways: They’re routinely forgotten They’re highly insecure thanks to near-weekly data breaches They’re usually pretty crackable They’re often shared with friends and family They’re reused and recycled across websites That’s why they’re usually considered the weakest link in the security chain. And that’s one…
Earlier this week, San Francisco’s Board of Supervisors voted to ban the use of facial recognition, the first U.S. city to do so. Local agencies, such as the city’s transport authority and law enforcement, won’t be able to use this emerging technology, and any plans to buy any kind of new surveillance technology must now…
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…
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…
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…
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…
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…
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…
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…
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…