CANARY WHARF, UK — Feb. 21, 2022 — Globally acclaimed identity verification service provider, Shufti Pro, revealed new data in a recently published Global ID Fraud Report 2021 which possesses insights from extensive research of 11 months of verification. The report disclosed the changing fraudulent activities and advanced manipulation techniques…

Considering the world’s persistent march toward digitisation, the masses of data being uploaded to the web is under the danger of being breached. Where the internet is presumed to be a safe place, it certainly is not, as every single person’s personal information is present on thousands of servers across…

It all started off in the year 2017, in the first-ever crypto-based game CryptoKitties, a player could create a virtual pet by NFTs (Non-Fungible Tokens) using the ethereum currency and could earn substantial profits by selling them off. …

In recent years, blockchain has continuously emerged as a buzzword and has played a key role in making cryptocurrency conventional. Owing to blockchain technology, the consistent rise and fall of multiple digital currencies have taken hold of everyone’s attention. …

It is difficult to detect money laundering schemes. Money launderers deploy financial institutions to make their money look legal. The prominent names being targeted by launderers contain banks, insurance companies, gaming websites, cryptocurrency exchanges, and other financial solution providers. …

One of the first lessons we all learn or make our next generations learn is how to share. As a result, we quickly discover how to differentiate between trustworthy people from others that are less so. The same thing applies when it comes to the sharing economy. How can someone…

It would not be wrong to call 2021 an exceptional year for cryptocurrency as the industry managed to attract a massive audience thanks to the COVID-19 outbreak. Blockchain acting behind the scenes for cryptocurrency made it a more secure alternative to traditional money. Looking at the industry’s success in recent…

Despite the fact that the holiday season is known to be the happiest time of the year, it is also known to have the highest number of financial crimes resulting from data breaches and identity thefts. Online shopping platforms see a lot of traffic because they provide tempting deals on…

Identity verification has turned out to be an important service to overcome the risk of scams in all the industries known, and telecom is no exception. Since telecom is associated (directly or indirectly) with multiple other services such as health, national security, and finance among others, therefore, ID verification matters…