Stax

DECEMBER 9, 2024

Use address verification, CVV checks, and fraud scoring models to identify potentially fraudulent orders. These involve the highest risk of fraud, which is why extra information such as CVV card numbers or AVS (Address Verification System) is often required. For in-store payments, check that your credit card machine has an EMV reader.

Credit Cards

Finextra

JUNE 5, 2025

Focus on Credentials, Not Wallets The core value of digital credentials—electronic attestations of attributes—lies in their ability to facilitate automated processing and verification. This framework underpins real, verifiable trust. When credentials are structured and machine-readable, they can be processed automatically.

Credential

Segpay

SEPTEMBER 30, 2024

Age verification helps to create a safer internet environment. This blog explores child protection laws across key Latin American countries, highlighting their different approaches and the evolving regulatory frameworks. We also look at the age verification tools that are used in the region.

Verification

Fintech News

APRIL 3, 2024

Such inefficiencies, compounded by disparate legal frameworks, regulatory standards, and technical requirements across jurisdictions, present considerable challenges in terms of operational hours, time zones, and the repetitive execution of financial integrity checks, such as anti-money laundering and customer verification protocols.

Cross-Border Payments

Segpay

APRIL 1, 2025

France and the United Kingdom have implemented strict age verification regulations to address this issue. While their goals align, their approaches and legal frameworks differ. France, on the other hand, has integrated its age verification requirements within the broader framework of its existing digital and privacy laws.

Verification

Fintech Finance

FEBRUARY 15, 2024

It is necessary to authenticate an extensive range of documents across diverse formats which can include PDFs, images or scans which originate from multiple countries with unique legal frameworks and documentation standards.

Cross-Border Payments

Fintech News

JANUARY 17, 2024

Banks need advanced identity verification and authentication techniques to counter synthetic fraud, including document verification, identity graph analysis, and behavioural biometrics. This collaboration, while essential, requires careful navigation of legal frameworks to ensure effective and compliant information exchange.

Deepfake

Fintech News

JULY 17, 2024

Use of Multiple Intermediary Wallets Interestingly, the number of intermediary wallets used by bad actors is growing faster on exchanges with Know Your Customer (KYC) verification processes compared to non-KYC exchanges. The United Arab Emirates has amended Federal Decree-Law No. (20)

Money Laundering

Segpay

MARCH 24, 2025

USA: More prescriptive Customer Identification Program (CIP) rules, requiring standardized ID verification and risk-based CDD measures. Varies by state, but generally strong KYC, fraud prevention, and age verification laws.v Strict ID verification under state gaming laws and FinCEN rules.

Compliance

Neopay

JULY 18, 2024

The Regulation recasts Regulation (EU) 2015/847 and brings the EU’s legal framework in line with the Financial Action Task Force (FATF)’s standards by extending the obligation to include information about the originator and beneficiary to CASPs – the so-called ‘travel rule’.

Travel Rule

Neopay

JULY 18, 2024

Digital Identity Verification: Digital identity verification in financial services surged to 77% in 2021, reflecting a growing awareness of the importance of combating financial crime. In contrast, emerging markets in Asia and Africa face significant challenges due to weaker regulatory frameworks and limited resources.

Money Laundering

Finovate

JUNE 21, 2024

Instead of traditional underwriting, the bank will review factors such as outstanding debt levels and the number of credit applications outstanding, as well as leverage Belvo’s open finance technology to secure income verification for applicants whose data is otherwise difficult to retrieve.

Financial Inclusion

Neopay

NOVEMBER 27, 2023

The recast brings the EU’s legal framework in line with the Financial Action Task Force (FATF)’s standards by extending the obligation to include information about the originator and beneficiary to CASPs – the so-called “travel rule”.

Money Laundering

The Fintech Times

MARCH 23, 2024

Together, they propose a shift in data management and usage, highlighting the distinctiveness inherent in digital representations and advocating for a revised approach to legal frameworks.

Economy

The Fintech Times

OCTOBER 10, 2024

Upon completing the verification process, users can start trading and take advantage of the platform’s extensive services. VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for virtual asset industry governance.

Cryptocurrency

Segpay

AUGUST 20, 2024

Many Asian countries are drafting age verification laws to protect children from accessing age-inappropriate content and services. The need for robust age verification mechanisms has become critical to safeguarding children. This ensures correct age verification across various online services.

Verification

PYMNTS

JANUARY 15, 2021

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). But those same payments mechanisms must be in compliance with various regulatory and legal frameworks.

Stablecoins

Finextra

JUNE 30, 2025

Banks in the EU now have a legal framework to engage with stablecoins in a compliant way. Monthly verification of reserves will become standard practice, giving users confidence in the stability of these digital assets. banks) to issue or support stablecoins, including acting as custodians or liquidity providers.

Stablecoins

Fintech News

FEBRUARY 2, 2025

KYC is a cornerstone of Indonesias AML/CFT compliance framework, allowing institutions to verify the identities of their clients and ensure that they are not involved in illegal activities. 27 of 2022 on Personal Data Protection is Indonesia’s comprehensive legal framework for personal data protection. Finally, Law No.

AML

Fintech News

APRIL 8, 2025

These callers weave convincing stories designed to trick individuals into revealing sensitive information or transferring money under false pretences, often using fake verification interfaces or documents like the ones pictured in police alerts.

Scams