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Aadhaar OKYC transactions jumped 22% in Nov; Aadhaar Verification transactions grew 11% 28.75 Cr eKYC transactions conducted using Aadhaar in Nov Indian Residents’ use of Aadhaar is continuing to adva...
Increased online footfall and transactions mean more opportunities for fraudsters, especially when traffic peaks with holidays, sporting seasons and January sales, for instance. Fraudsters are adept a...
Rates of fraud have continued to soar in the latest 3-year period studied by the UK’s Financial Ombudsman Service (FOS), and neo-banks account for the bulk of increases. This has confused industry obs...
On September 24, 2020, the European Commission published the first drafted proposal for a Digital Operational Resilience Act (DORA) as part of the Digital Finance Package (DFP). The aim is to guide
We have been applying analytics, artificial intelligence (AI) and machine learning (ML) to fraud prevention solutions for over 20 years. Over this time, the financial services sector has completely ...
Once deployed, a lot of smart contracts cannot be easily changed. So, it would be wise to take a close look at potential weaknesses, exploits, and built-in mitigations when it’s not too late for chang...
Employee Onboarding effectiveness defines whether your employee will be engaged or disengaged at work, depending on the impression created on them. Poorly managed onboarding can lead to abandonment, e...
There was a time as a young boy I was fortunate enough to receive Christmas cards from distant relatives that contained a crisp £1 note and I felt rich. As the year’s progressed, and warnings of posta...
The latest evolution of the Payment Card Industry Data Security Standard - better known as PCI DSS - has recently been made available, making now a great time for businesses to focus more attention on...
MSB services have come to the rescue of many, who can’t access banks immediately and want to transfer money or carry out trade exchanges. So, it surely provides time and place convenience. We all know...
It has been another busy year for fraudsters. With consumers seemingly targeted by an ever-increasing range of tricks and scams designed to part them from their money or personal information, the risk...
There’s no doubt that biometrics, such as fingerprint and facial biometrics, are taking customer experience into a new era. Today, different forms of biometrics are widely used to help businesses veri...