Hacks seem to be showing up in the news right and left. A hack is an intentional attack on a system to get access to private information that the attackers are not supposed to have access to. They can be carried out by a single person or a group of people. Some hacks require skill, and some not so much. The best route of action for cyber-attackers, though, is looking for weaknesses in systems so they can be exploited—a weakness resulting from human negligence. It’s information that is left unsecured enabling third parties to see it if they wanted to. What kind of data a hacker wants and what he or she wants to do with it will generally define who their lucky victim is going to be.
Anti-money laundering (AML) regulations have played an important role in shaping the continued development of the international financial system in past decades. In recent years, the types of businesses that need to comply with these regulations have been expanding as governments aim to better prevent financial crimes.
When considering the various regulations surrounding cryptocurrency, it’s sometime difficult for organisations and individuals to keep up. At local, provincial, and national levels, there are all sorts of policies that apply to companies (i.e. crypto projects and crypto exchanges) that are operating in this sector.
Advancements in biometric security solutions like facial recognition technology have led governments and organisations alike to utilise this technology.
Facial recognition and other biometrics technologies have gained massive adoption from a wide range of companies in the past few years. In this article, we'll examine how these technologies work. Then, we'll look at some current real-world applications as well as the risks and benefits for individuals and organisations.
Launching any startup involves a lot of challenges and opportunities. Businesses in the FinTech sector have to think about all sorts of metrics: customer acquisition costs, churn, monthly cash burn rates, and many other factors.
Although you might think that customer onboarding in the digital era would be much easier than a few decades ago, there are numerous potential hurdles for organisations to consider.
What a year 2018 has been! We've seen some incredible growth and developed some invaluable partnerships. With the holiday season just around the corner, we've taken some time to reflect on everything we've done and accomplished throughout the year. From launching our products and token sale to attending incredible events - you can read all about our 2018 year in review below.
Cryptocurrency exchanges are under immense pressure to prevent cases of fraud. Everything from potential exchange hacks/stolen funds to money laundering presents major obstacles for establishing and maintaining regulatory compliance. In this article, let’s try to grasp why crypto exchanges are at risk and outline a few strategies that can significantly optimise fraud prevention.
Despite the fact that most organisations across the globe prioritise strict anti-money laundering (AML) procedures, we continue to hear case after case of regulatory breaches.