Five Shocking Stories that Show how Identity Scamsters Trap Victims Identity theft or misrepresentation is the most common method of committing financial fraud. In fact, more than 75% of all financial fraud in India are believed to involve identity misrepresentation, impersonation or the
Keep Calm and Fight Fraud Four Amazing Videos about Fraud and Fighting FraudAt IDfy, our aim is to help build a world without fraud where people and businesses can engage with confidence.Not surprisingly, a key part of
Big Companies that Paid A Heavy Price for Background Verification Fails JPMorgan ChaseThe American multinational investment bank and financial services company is the world’s most valuable bank by market capitalization. In November 2017, the company was fined a sum of $1.25 million
The Impact of Aadhaar-based KYC on Indian Industry The Supreme Court verdict on the use of Aadhaar-based authentication by private enterprises has affected several sectors' KYC processes.To understand the scale of the impact, we'll look at data that show how
Use of Aadhaar by Private Parties Section 57 of the Aadhaar Act allowed private parties to authenticate the identity of customers using the Aadhaar authentication process. The Supreme Court has held that the provision in Section 57 of the
Paper-less, Presence-less KYC is a Necessity KYC is a necessity and there is no debating that!In today’s world, it is also a necessity for businesses to have the ability to conduct KYC in a paperless and, as
KYC The Supreme Court’s Aadhaar Verdict and What it Means for Private Companies Organizations that embrace technology and actually upgrade their authentication processes in these times will survive and prosper in the long run. Large parts of the onboarding processes can be automated while catching more fraud than before.
KYC The Great KYC Challenge RBI needs to embrace technology that makes e-KYC safer and more secure while giving a boost to an emerging sector that can impact millions of people by giving them access to finance at the click of a button.
KYC Aadhaar eKYC Authentications by RBI Regulated Entities It's imperative for the RBI and UIDAI to frame policy and back it with technology to help businesses implement presence-less KYC and onboarding. While businesses should ensure that regulators don’t find reasons to stop them from making use of such a facility.
Forgery Detection Five Ways Stolen PAN Details Can Be Misused A quick look at some crimes that have been committed using forged PAN cards.
Forgery Detection PAN Card Forgery is a Serious Identity Theft Threat If you want to know how surprisingly easy it is for someone to forge your PAN Card and assume your identity, read along. Here’s an interesting eye test. One of the PAN
Image tampering How Machine Learning Detects Tampered Images "More than 90% of commercially captured and published digital photographs, if not tampered with some ulterior motive, are at least retouched" as per a Cornell University study. With digital documentation becoming
Image tampering The Unfunny Side of Tampered Images We have news for you. Not everybody loves a good meme. As businesses continue their digital drive and digital documentation becomes more the norm than the exception, we are witnessing an exponential rise
