Whether you want to play roulette or bet on the races, the internet makes everything accessible at the click of a button. Online casinos have been around since the late 1990s and their popularity has grown steadily ever since then. By 2029, the number of online gamblers is expected to cross the 291 million mark. This is great news for online gambling operators. But, … [Read more...] about Fraud Prevention in Online Gambling: Balancing the Need for Security and Speed
KYC
Business KYC: An Effective Way to Secure Compliance
Business KYC is the process of assessing third parties that must comply with legal regulations. BKYC involves thorough investigation of the business to verify whether it is legal or illegal. The business identification is done by reviewing all the industry-relevant information. Data and documents are collected to screen against databases registered to legal … [Read more...] about Business KYC: An Effective Way to Secure Compliance
Securing the Future: The Role of Digital Video Verification in Today’s World
The importance of online identity verification cannot be overstated in the contemporary digital world, as it has become a crucial element for businesses and organizations. Before digitizations, KYC services were done manually. It mainly concerned financial institutes i.e., banking. Some businesses still perform customer verification in the traditional way, but most of them have … [Read more...] about Securing the Future: The Role of Digital Video Verification in Today’s World
Why Does KYC Matter For Fintech Companies?
When it comes to fintech companies, knowing who their customers are, verifying that they are who they claim to be and making sure that their platform isn't misused to commit fraud of any kind is vital to maintaining a brand image and complying with government regulations. This is the essence of KYC (Know Your Customer) processes. It applies to all fintech companies ranging … [Read more...] about Why Does KYC Matter For Fintech Companies?
What Is eKYC? And Why Is It Essential To Digital Banking?
Like everything else, banks, financial services and insurance agencies are evolving to make their services more accessible and convenient for customers. As far as possible, people want to conduct financial transactions digitally without having to physically visit a bank. According to a Global Retail Banking report, the use of online banking has increased by 23% while mobile … [Read more...] about What Is eKYC? And Why Is It Essential To Digital Banking?
