Guides

A new digital wallet will be introduced in 2025, enabling UK citizens to hold digital identification documents on their mobile phones, such as driving licenses. Learn how this will fortify transactions and prevent identity fraud. ...

For years, fraudsters have been able to set up fraudulent companies in the UK without any barriers to entry. Companies House will now introduce IDV checks within the business registration process to prevent identity fraud. ...

Document checks are a core element of Know Your Customer (KYC) compliance, a regulatory framework requiring businesses to verify customer identities to prevent forgery and other financial crimes such as identity fraud cases....

Identity fraud in the UK has escalated over the past few years, recently predicted in December of 2024 to cost the UK government a shocking £1.8 billion per year. Businesses must protect themselves with IDV and KYC checks....

In 2023, 1.9 million British consumers fell victim to financial account misuse. These shocking statistics clearly point to the need for increased measures against these fraudulent practices, starting with advanced biometrics....

A biometric identity verification solution is crucial for organizations across all sectors, especially in the finance sector. Biometric identity verification is efficient and far more effective than error-prone manual methods....