ID verification and Biometrics Industry
Articles exploring ID verification industry and business trends about KYC / AML compliance, electronic signature through biometric signature and multi-biometric authentication
Identifying customers with the new Bitcoin Law in El Salvador
On 7 September, the Bitcoin Law came into force in El Salvador, establishing the famous bitcoin cryptocurrency as legal tender alongside the dollar. It is a historic and pioneering measure that places the Central American country in the international spotlight, as it...
6 Things you need to know about identity fraud
Identity fraud means the usurpation of a person’s identity in order to use it to carry out criminal acts (theft, obtaining private data, cyberbullying, etc.). It is currently one of the biggest concerns of technology users, who are increasingly aware of their...
What is the difference between KYC and CDD?
Although KYC (Know Your Customer) and CDD (Customer Due Diligence) are very similar, there are some nuances or differences between them that we will address in this article. KYC and CDD policies are the cornerstone of any AML (Anti Money Laundering) policy developed...
New National ID Card in Spain: DNI 4.0
On 2 June we said goodbye to the old Spanish National ID card to welcome a new document with lots of new features: The new DNI 4.0, which adds additional security measures to comply with the EU Regulation 2019/1157 of the European Parliament and of the council of 20...
Cryptocurrencies have to comply with AML requirements in Spain
Spain has updated its regulations for the cryptocurrency industry and the companies that provide services to it, aligning national regulations with European anti-money laundering and counter-terrorist financing dispositions. On 28 April, the Council of Ministers...
