Money laundering remains a serious threat to the integrity of the European financial system. According to the RAE, it is defined as 'the crime of...
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
The Future of Identity: Wallets, Self-Sovereign Identity (SSI), Regulation, and Innovation
We are moving towards a unified digital market where the future of digital identity plays a critical role in building trust and securing remote...
Post-COVID Identity Verification: 5 Years Later
On March 14, 2020, Spain declared a state of alarm because of the global COVID-19 pandemic. The goal was to curb the spread of the virus throughout...
Is biometrics built-in in mobile devices a secure authentication method?
Biometric authentication is the most common way to ensure security in electronic systems and authorise transactions. There are two types of biometric authentication methods:...
Voice deepfake: Is it possible to detect a fake voice?
The proliferation of artificial intelligence and the ease of access to tools capable of altering the truth has given rise to one of the most shocking and worrying digital...
Deepfakes: how to guarantee authenticity?
Technology drives forward steadily, leading to the creation of a new digital manipulation way: deepfakes. Fake photos, videos and speech can be utterly realistic that become hard...
EBA: new guidelines on Digital Onboarding solutions
The global pandemic of coronavirus disease 2019 motivates the digital transformation of the financial industry and remote customer onboarding. This change led the European...
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...
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...
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...
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...
Spain restricts loot boxes in video games 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 Fortnite or...
How digital onboarding improves user experience
Digital Era has made essential changes in users’ lives, making them more informed customers who can choose from countless buying options. The new paradigm implies that companies...
What is OCR and how does it optimise identity verification?
OCR is a mechanism for reading data from identity documents. ID cards are essential to validate our data and our own identity. If they did not exist, we would not have the right...
NFC chips security in the reading of identity documents
The vast majority of identity documents in their most modern versions and electronic passports follow international standards and have NFC chips that stores and processes the...
What is FIDO2? What is it for and how does it work?
FIDO2 is the acronym for Fast Identity Online and allows users to use their own devices (smartphones or laptops with biometrics, USB security keys, etc.) to authenticate...
What is the Advanced Electronic Signature? Normative, requirements and procedures
Amid the wave of digital transformation, companies, public bodies, and other organisations do not need to see each other physically to establish business relationships. That is...
Online identity verification trends to prepare for in 2022
Mobbeel has been working for many years in the online identity verification industry. We have been pioneers worldwide in the development of mobile biometrics since 2009 and have...
What is SIM Swapping and how to avoid fraud
In the digital age, our mobile devices increasingly connect our lives. Nevertheless, security risks are also rising with the increasing reliance on mobile technology. One of the...
Fast Check-in: flows and access control with face recognition
Without discussing the ethical and social implications of using biometrics for certain processes, we would all agree that the use of facial recognition for flows and access...
What is Digital Onboarding
In an increasingly digitised world, businesses are challenged to adapt to the preferences and needs of today's consumers. Digital onboarding, also known as remote customer...
What is Due Diligence?
When it comes to conducting a business relationship, be it an acquisition or merger, purchase, or other contractual relationship with companies or individuals, problems can arise...
8 Things to consider when choosing a digital signature solution
If you are reading this, you probably know what an electronic signature is and the different types of electronic signature available in eIDAS. In fact, you are probably thinking...
The biometrics journey to support a real digital identity
Single biometrics When Woodrow Wilson Bledsoe began the development of the first facial recognition solutions in the 1970s, he probably never imagined the great evolution that...
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...
6 Things you need to know about digital identity fraud
Fraud has been part of our history for centuries, from the most rudimentary scams, such as the well-known Pigeon drop or Spanish handkerchief, where fraudsters take advantage of...
What is the difference between KYC and CDD?
Although KYC (Know Your Customer) and CDD (Customer Due Diligence) are very similar, there are some differences between the two concepts that we will address in this article. KYC...