ACUANT BLOG

With people spending more time online than ever, industries are finding that having a strong online component of their business is critical to maintaining a competitive edge and not losing customers. In response to the digital acceleration and transformation of...

As the popularity and adoption of cryptocurrency grows by individuals and certain governments—El Salvador, for example has adopted Bitcoin as legal tender—greater focus is being placed on regulating what the current chairman of the SEC considers to be the “wild...

An essential aspect of sustaining a successful business is ensuring your customers are trustworthy. Without the proper identity proofing strategies in place, fraudsters will exploit any and all vulnerabilities in your system to commit various crimes, including using synthetic identity...

New capability will eliminate bad actors and strengthen security by offering fraud prevention and anti-money laundering technology Acuant was proud to take part in the virtual Cardano Summit 2021 where we announced a new strategic partnership between Acuant and IOG,...

The last few years have seen a significant acceleration in the digital landscape. Companies are forced to quickly adapt to technological advances to stay competitive in their market while continuing to provide a superior customer experience. As the digital space...

Decentralized finance has grown to an $80 billion industry in 2021. It is easy to see why there is so much to speculate on, but what is DeFi? Decentralized finance (DeFi) upends the notion that a central authority must regulate...

At a recent webinar, “Behind the Masks: Identifying and Preventing Synthetic Identity Fraud,” presented by Thomson Reuters for the Association of Certified Financial Crime Specialists (ACFCS), financial crime experts Acuant’s Chief Product Officer, Jose Caldera, Gina Jurva, Esq. and Michael...

As travel, both foreign and domestic, picks back up and the world returns to pre-pandemic work and life, governments around the world are grappling with how to address the influx of travelers and people getting back into their daily routines,...

Trust is an imperative aspect of any relationship, especially when building a loyal customer base, and is even harder when conducting transactions and establishing relationships online. The recent influx of remote and online transactions has meant more fraud—there were over...

As the use of eCommerce, online marketplaces and the sharing economy grows significantly—in 2020 alone, 150 million people shopped online for the first time during the COVID-19 pandemic—so too does fraud; according to the Poneman Institute, organizations are losing $4.5...

B2C companies must perform a series of verification operations to verify the identities of their individual customers known as Know Your Customer (KYC). Similarly, companies with B2B clientele must do the same process for businesses; in AML taxonomy this is...

The COVID-19 pandemic accelerated the need for digital wallets and forced companies to swiftly adjust and improve their platforms. Many industry experts report that digital wallets will overtake credit cards as the preferred method of payment by 2023. The focus...