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
What is eIDAS2 and what changes from eIDAS?
On 23 July 2014, the European Parliament and the Council of the European Union approved the entry into force of the eIDAS regulation on electronic identification and trust services for electronic transactions in Europe. eIDAS established a necessary framework to...
KYC in cryptocurrency wallets and exchanges will be mandatory by 2024
This institution has questioned the effective implementation of these assets since 2018. The same year, after the Fintech Action Plan publication, the UE asked The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) for its...
What is KYB and what does it involve for companies?
Money laundering is a persistent problem around the globe, and, based on Legaljobs statistics, money laundering activities cost the world 2% to 5% of its GDP. The growing concern about money laundering has led companies to adopt protection measures to face this...
How to prevent identity theft on social media
According to Europe social media analytics market – growth, trends, forecast (2022 – 2027), Europe has more than 300 million active users on social media. These people use social media on a daily basis. For instance, in the words of3, Spanish people spend...
Spain plans to restrict video game loot boxes for minors
No matter the country or the language. Many people play video games and engage in online communities daily. Spending part of your spare time playing online games like Fornite or LoL (League of Legends) is not odd and has become a common practice. This hobby stimulates...
