Published in Aver·Jun 2Deepfakes can easily fool most identity verification providers, report saysThe Issue A team that used a type of “penetration testing” against digital identity providers, has found that deepfakes easily fooled the onboarding process. In a report published on Wednesday, researchers with Sensity, a security firm focused on deepfake detection, demonstrated how it was able to bypass an automated “liveness test” by…Deepfakes3 min read
Published in Aver·Apr 21Identity Fraud In the New, Post-Pandemic Digital WorldWhen COVID-19 started, most of the world went into lockdown, but we still needed to transact with local and large businesses. This pushed many into the digital-age and catapulted the ones that were already there, to be the leaders. The Association of Certified Fraud Examiners (ACFE), from a survey May…Identity Fraud3 min read
Published in Aver·Apr 4Compliance Definitions: AML Chapter 1Anti-money laundering (AML) is a term that is used a lot, but most of the world is not in the financial services sector. So, we are going to break it down and some of the terms that come with AML. The regulations are broad and each country has different ways…Bank Secrecy Act3 min read
Published in Aver·Feb 22What is biometric verification?Biometrics are what make us unique as humans. These are things like walking patterns, fingerprints, facial features and voice. Identifying someone via these characteristics help verify people in a digital world. After verification, others can believe to a level of certainty that the person is who they say they are…Biometrics2 min read
Published in Aver·Feb 10Digital vs Physical Document VerificationBefore the days of smartphones and even basic computer scanners, asking someone to verify an ID document by just looking it, they probably would have laughed. But, now this is being done digitally and with no human eyes. This presents challenges of trust on both sides. Let’s Get Digital The facts are astonishing…Document Verification2 min read
Published in Aver·Feb 1PEP screening and Sanctions: important to the KYC processAnother acronym…we know, but this time it means screening foreign nationals and presidents, something very important to any business onboarding flow. Most developed countries require that organizations perform a detailed politically exposed person (PEP) and sanction check when signing up new customers. In the United States, the definition of a…Aml3 min read
Published in BridgeProtocol·Dec 22, 2021Bridge Version 3.3 — PancakeSwap (BSC), NFTs and UpgradesWhat’s New in Version 3.3 We are excited to release Bridge Digital Identity v3.3 to the community! This release takes Bridge Identity to the next level with increased access to BRDG token and liquidity, adding additional blockchain network support, NFT support, and adding more real-world claim types to the network. Additional Blockchain Support Bridge has now added full…Pancakeswap2 min read
Published in Aver·Dec 14, 2021Do You Know Your Customer’s Customer (KYCC)?The regular world, not in the .01%, have all read the news stories about the ultra rich creating shell accounts in the Cayman Islands to hide wealth and avoid taxes. But, sometimes there are legitimate reasons for doing this and not nefarious. Financial institutions in the United States have strict…Kyc3 min read
Published in Aver·Dec 4, 2021Top Rules for a Compliant Anti-Money Laundering (AML) ProgramTricksters and fraudsters are always up to no good. Once they learn a process and system vulnerabilities, they continue to evolve as holes are plugged. Finding patterns are what software and automation do better than the human eye. …Aml3 min read
Published in BridgeProtocol·Sep 9, 2021Bridge Passport System Upgrades — Vaccine Verification and moreThe Bridge Passport is now even better! We have listened to you and heard the feedback, now we want to share our improvements. Network fees are now dynamic based on the market price of BRDG, no more flat fees. This ensures a truly decentralized offering for Bridge services. 2. COVID-19…Defi2 min read
