SingleSource 2018 Year in Review

Posted by Kelvin Chandran on 12/21/18 9:10 AM

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.

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Topics: News

Reducing the Risk of Fraud for Cryptocurrency Exchanges

Posted by Kelvin Chandran on 12/18/18 8:58 AM

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.

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Topics: Fraud prevention, crypo investment

Case Study: Organisations Fined for AML Regulatory Breaches

Posted by Kelvin Chandran on 12/17/18 11:22 AM

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.

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Topics: AML, Fraud prevention

SingleSource secures Callaghan Innovation R&D grant to advance decentralised digital identity and risk-scoring platform

Posted by Christelle Blanchet-Aissaoui on 12/10/18 9:43 AM

Auckland, NZ, December 10th, 2018 - SingleSource, pioneers in decentralised identity and risk scoring, have secured a R&D grant from Callaghan Innovation, New Zealand’s innovation agency, to help fund the development of the company’s decentralised digital identity and risk scoring platform.

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Topics: News

Can Implementing a Distributed Ledger Lead to Better Security for Digital Identities?

Posted by Kelvin Chandran on 11/26/18 5:10 PM

Blockchain is more than just a buzzword. It’s already being used to solve real-world problems in a number of industries. But how does it work? In this article we explain what distributed ledger technology and blockchain are. We also explain how these technologies work to keep data secure, create sovereign identities, and streamline KYC processes.

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Topics: Blockchain technology, Digital identity

How Many Digital Identities Have You Accumulated?

Posted by Kelvin Chandran on 11/19/18 10:54 AM

Before the rising popularity of the internet, most people relied upon only a few forms of offline identity. As more people started to utilise web-based technologies, we saw a rise in the creation of several, disparate digital identities. As a result, end users today are finding it more difficult to manage data across various platforms while also maintaining data privacy. This is all part of the complex history of digital identity.

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Topics: Data ownership, Digital identity

Using Blockchain to Improve Identity Management in Finance

Posted by Kelvin Chandran on 11/14/18 8:03 AM

Identity and Access Management (IAM) is increasingly important in finance for quite a few different reasons. First, we have continued to see an increase in the number of regulations surrounding data privacy. Initiatives like GDPR are being passed by various legislative bodies from around the world, ensuring that businesses establish better data privacy measures.

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Topics: KYC, Digital identity

How Are Organisations Vulnerable to Fraud?

Posted by Kelvin Chandran on 11/13/18 11:20 AM

Even though consumer fraud remains a large issue for millions to billions of people annually, many tend to forget about the significance of business fraud.

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Topics: Fraud prevention

Back to Hong Kong. Next stop: Singapore

Posted by Christelle Blanchet-Aissaoui on 11/8/18 1:31 PM

Hong Kong is a popular city to conduct business in Asia, particularly for SingleSource and Sylo, who went back for the second time a few weeks apart.

Kelvin Chandran, SingleSource CEO, took some time to answer some questions about his recent trip to Hong Kong, and discuss the exciting opportunity to exhibit at the largest Fintech Festival in Singapore next week.

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Topics: News

Australian Government Agency Approves SingleSource as a Gateway Service Provider for Document Verification Service

Posted by Christelle Blanchet-Aissaoui on 11/8/18 8:10 AM

Australian accreditation follows SingleSource’s approval as an Intermediary to verify identity documents by New Zealand’s Department of Internal Affairs.

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Topics: News, Digital identity

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