More digital banking services mean more of an opportunity for identity theft. In the AML/KYC Tracker, Tom Curran, chief risk and compliance officer at Upgrade, explains how using data combined with biometric tech has helped reduce fraud at account opening in a secure, compliant way.
Digital-first businesses were better equipped to take advantage of new market opportunities unleashed during the pandemic. In the past year, 92% of consumers made an online purchase, while 85% performed banking activities online, according to PYMNTS research. In this rapidly evolving digital environment, banks are...
Online gaming covers a wide variety of markets, including multiplayer video games, online gambling and eSports gaming. All of these have surged in popularity during the pandemic as consumers have sought sources of entertainment at home. Online gaming has exploded globally and is expected to...
The explosive growth of online gaming has been both a boon and bane as both players and fraudsters have flocked to gaming platforms — creating new compliance headaches for operators. In the AML/KYC Tracker, Chris Justice, president of casino payment platform Global Payments Gaming Solutions,...
December 15, 2021
Digital-first businesses were better equipped to take advantage of new market opportunities unleashed during the pandemic. In the past year, 92% of consumers made an online purchase, while 85% performed banking activities online, according to PYMNTS research. In this rapidly evolving digital environment, banks are pressed to adopt technology with a digital-first and consumer-centric mindset. […]
October 21, 2021
The explosive growth of online gaming has been both a boon and bane as both players and fraudsters have flocked to gaming platforms — creating new compliance headaches for operators....
June 15, 2021
Privacy is a chief concern among internet users, with 75% of Americans concerned about their privacy online and 70% believing their data is less secure now than it was five years...
December 08, 2020
Money laundering is a pervasive phenomenon around the world, with the estimated amount of money laundered in a given year totaling 2.7% of the global gross domestic product (GDP). Cybercriminals...
