ACUANT BLOG

Companies that scale and succeed are those that dedicate time and effort to implement and tune their risk models and processes for fraud prevention and money laundering. For any type of business, but specifically for Payment Service Providers (PSPs), adopting...

Dating back a couple of decades when ecommerce started, one of the first tools to identify online card fraud were velocity rules. Velocity rules measured the number of transactions that were performed by a particular credit card in a (short)...

COVID-19 has changed a lot about how we interact, purchase and work. Because many have been quarantined, and because stores have changed how they interact with shoppers, online has become a preferred way, and for some, the only way to shop...

Payments are a key ingredient of online business. Dwolla works with a wide variety of companies to quickly enable them to collect and disperse payments online. However, doing business online requires being able to identify and verify your customers, and...

The term “social distancing” otherwise a relatively unknown phrase just 12 months ago is now one of the top searches on Google. The healthcare industry has been forced to rethink their entire practice due to the Covid-19 pandemic. They have...

In the span of three months there has been a massive culture shift to embrace all things digital. Telemedicine is on the rise, workplaces have turned to Zoom and other cloud based collaboration tools, and small retailers are using ecommerce...

When creating a fraud strategy, the top concern for many organizations accepting online payments is preventing payment fraud. This makes sense, but failing to consider other types of illicit activity can be costly.  In fact, most marketplace fraud spending is...

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...

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...

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...

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...

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...