May 28, 2020
Slowly, businesses across the country are beginning to reopen with new restrictions and guidelines. There has been a massive move to digital options, including an uptick in telehealth usage, creating “touchless” options for onboarding patients and verifying health status via...
May 7, 2020
Financial Institutions (FIs) around the world are heavily regulated with the goal of reducing money laundering and funding of terrorism. Complying with global regulations such as FATF and the 5th EU Anti-Money Laundering Directive, keeping track of sanctions and politically...
April 27, 2020
This is part 1 of a 3 part series blog post where we explore real use cases on Know Your Business (KYB). The first blog post is an introduction of those cases and how their KYB requirements are addressed within...
April 21, 2020
The addition of IdentityMind has revolutionized Acuant’s Trusted Identity Platform. This recent blog from IdentityMind expands upon challenges in Identity Proofing. What does Identity Proofing Mean? Identity Proofing refers to the ability to verify the identity of an individual or...
April 20, 2020
Tips and Tricks de la Ley FinTech: Qué aprendimos de Nuestro Panel El pasado 26 de Febrero condujimos un panel experto en la nueva Ley FinTech de México, enfocados en los requerimientos asociados a la prevención de lavado de dinero...
April 7, 2020
The rush toward a digital society is accelerating at an unprecedented pace. “The value of digital channels, products and operations is immediately obvious to companies everywhere right now,” says Sandy Shen, senior director analyst, Gartner. “This is a wake-up call for...
March 26, 2020
Synthetic ID fraud is the fastest growing financial crime, often going undetected until it's too late.
March 18, 2020
We are in the midst of a global crisis. Many businesses around the world are closing their offices and instructing employees to work from home in order to slow the spread of COVID-19. Additionally, numerous retailers have begun to close...
March 10, 2020
Anomaly Detection in Anti-Money Laundering Transaction Monitoring In 2018, when we made the switch from transaction-centric detection system to user-centric detection, we were certainly right. There are clear advantages for risk analysis in using digital identities and focusing the analysis...
February 25, 2020
In a previous post, we discussed the components that the IdentityMind’s platform brings to the table to address the challenges that firms face in their Identity Proofing processes. In this article, we will elaborate on the challenges the market is...
February 25, 2020
We recently wrote about the impending Real ID legislature that will take effect October 1, 2020 to shed some light on the what, why and when of the new ID, one of the accepted forms of ID that travelers will...
February 14, 2020
Introduction Organizations that are offering some form of financial services are (most likely) required to comply with anti-money laundering (AML) regulations. There are several aspects that are key to comply with AML (e.g. AML pillars). One of them is a...
