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.

Hello Soda - KYC & AML Checks

3 Top Tips for Online Age Verification

With 16.7 million people falling victim to identity fraud in 2017, online verification processes for both age and identity need to be stricter.

It was recently reported that a 13-year-old boy spent £80,000 on a gambling website through posing as his father using his business credit cards. Events such as this prove that businesses should be implementing stricter age verification processes upon account registration, but how?

Can Crypto theft and fraud be prevented

Can Crypto Theft & Fraud Be Prevented?

A recent research study carried out by CipherTrace has revealed that an astonishing $1.7 billion of cryptocurrency was obtained by illicit means in 2018.

With over 1,500 cryptocurrencies in existence, and billions of dollars being bought and sold on crypto exchanges, there are a plethora of opportunities for fraudsters to illicitly use the currency.

Hello Soda exhibit at ICE London

We’re Going to ICE 2019!

Following the huge success we saw and the amazing time we had at ICE London 2018, we’re back for the second year running and we can’t wait to see what ICE has in store for Hello Soda this year…

Last year’s event saw a running theme of innovation and regulation; with the changes to the LCCP on the horizon we’re expecting to see a similar theme running through the event this year too.

Hello Soda - Merchant Verification

The Rise of Card Payments

Are cash payments truly falling?

With the use of contactless and card payments rising, they now account for over three quarters of the value of the UK’s retail purchases. The latest British Retail Consortium’s (BRC) payments survey for 2017 states that cards were used for £277.1 billion worth of payments, equaling 76% of all retail sales.

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