Author name: Saurin Parikh

🗒️  Key Highlights FinCEN’s new rules have led to the addition of a new “Risk-Based” pillar in Anti-money laundering. An […]

🗒️  Key Highlights Fake or temporary emails are often used for fraudulent activities. Without proper verification, you could unknowingly allow

🗒️  Key Highlights U.S. banks face an estimated two million mule accounts across approximately 657 million bank accounts. Money muling

🗒️  Key Highlights As revealed in the Stolen Asset Recovery Initiative, anonymous companies were involved in hiding the proceeds of

🗒️  Key Highlights Global financial institutions have paid over $10 billion in KYC-related fines recently, with some individual fines topping

The global biometrics market was valued at $39 billion in 2023 and is estimated to reach $144 billion by 2032,

Online transactions have been growing in recent years. According to a Forbes article, 53% of Americans prefer using digital wallets

As digital communication is on the rise, verifying the legitimacy of a document being scanned, emailed, or sent online has

Identity verification processes have grown as the years have progressed. We have gone from basic passwords to two-factor authentication of