5AMLD puts an end to cryptocurrency anonymity blog

5AMLD puts an end to cryptocurrency anonymity

The Fifth Anti-Money Laundering Directive must be implemented by EU member states by January 2020. Many financial processes and sectors are affected, but here we will talk about how cryptocurrency businesses will have to increase ownership transparency. 

We will also let you know how we can help, through our online global identity verification tools.  

BioMatch by Hello Soda

How Biometric Validation Helps the Banking Sector

With the advances and changes within mobile technology, businesses are looking to alternative validation options to ensure more secure processes are in place for their consumers.   

The rise in identity fraud has increased 160% in the last 20 years, which seems an absurd increase, but with the risks of online fraud this doesn’t seem to be slowing down. It was shown that last year, 8 out of 10 identity theft cases took place online.

Hello Soda | Delivering innovation

Why Innovation for Traditional Markets is Key

Identity theft has become one of the largest issues and the biggest growing threat to ‘traditional markets’ such as payday lenders in recent years. With the increase growing significantly since lenders have began to primarily operate online – can innovation change this?  

The rise in identity fraud has increased 160% in the last 20 years, which seems an absurd increase, but with the risks of online fraud this doesn’t seem to be slowing down. It was shown that last year, 8 out of 10 identity theft cases took place online.

Top tips for identifying fake documents

3 Top Tips for Identifying Fake Documents

Traditional methods of verifying a customer’s identity are very much still alive. Manual checks of identity documents are still widely used by a variety of different sectors in an attempt to prevent fraud, but how can fake documents be identified to ensure they don’t pass the test?

Manual identity verification checks are not just time consuming, but also produce a lengthy and clunky onboarding process for your customers. How can we identify fake documents in an automated and simpler manner?

Hello Soda - KYC & AML Checks

What’s the future for identity verification?

As we know, FinTech developments are causing continuous waves of change within the payments industry. With an influx of new alternative companies entering the payments sphere traditional brick-and-mortar banks are concerned. FinTech alternatives can provide a seamless user journey with greater customer service and easy use. However, lack of security continues to hampered growth in the market.

Use Case Download

To download this document, or any of our Use Cases and brochures
please enter your email address below
close-link

Product Overview

To download this product overview please enter your email address below
close-link
DON’T MISS OUT!
Subscribe to our monthly newsletter
Be the first to get latest updates, news, tips & guides
straight to your email inbox.
close-link