The California Consumer Privacy Act, or CCPA, is an unprecedented privacy law going into effect January 1, 2020. CCPA is expected to be the strictest data privacy law in the U.S. and will accomplish three major objectives, giving California residents the right to: Know what information businesses are collecting about them Tell a business not…
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FaceApp: Photoshopping on Steroids
Check out the before and after pictures The Jonas Brothers created with FaceApp. While the app has been around since 2017, it’s gone viral in the last week as people use it to see how they would look when they’re older. Pretty cool. Pretty innocuous. Well, maybe, not so much. Let’s start with FaceApp’s own…
5 Killer Mistakes When Onboarding New Players in Online Gaming
When it comes to online gaming, there are a number of converging regulatory trends that are challenging operators’ ability to quickly verify and onboard new players. If you’re a UK-based operator, you now have to contend with new UKGC rules to prevent underage gambling. These new rules prevent players from gambling until their name, address…
Facial Identification Explained: Face Recognition vs. Facial Authentication
There’s a healthy degree of confusion between facial recognition and facial authentication, but the underlying technologies are often very different and designed to address different use cases. With the launch of Apple iPhone X and its successors, facial recognition has gone mainstream and helped consumers recognize that their faces could serve as their password. In…
6 Glaring Limitations of OCR for Identity Verification
We’re starting to observe a new market phenomenon: the rise of DIY online identity verification and efforts by companies to cobble together OCR technology, facial recognition software and low-cost manual review teams. Want to learn more now? Download Jumio’s eKYC in APAC Guide. At its face, this approach makes some sense, but it’s important to understand…
How APAC Fintechs and Banks Can Get eKYC Right
Banks are striving to grow their customer base through faster, easier and lower-cost digital channels. Yet, the current regulatory and cybersecurity landscape creates a layer of complexity. Consumers want the convenience of signing up through digital channels, but financial institutions must comply with stringent anti-money laundering (AML) and know your customer (KYC) regulations that typically…
The Sudden Emergence of KYP: Know Your Patient
Over the last decade, there have been over 2,550 health care data breaches impacting more than 175 million medical records. That’s the equivalent of affecting more than 50 percent of the U.S. population. What’s not commonly understood is that medical records command a high value on the dark web. These medical records can be listed…
CCPA: Making Sense of California’s Strict New Data Privacy Law
Is your business ready for January 1, 2020? This is the date when the California Consumer Privacy Act, or CCPA, is slated to take effect. It’s expected to be the strictest data privacy law in the U.S., and will require data privacy protections and requirements similar to or broader than those imposed by GDPR. The…
5AMLD is Upon Us: Is Your Online Customer Identity Verification Program Up to Snuff?
With the deadline to comply with the 5th EU Anti-Money Laundering Directive (5AMLD) looming on 10 January 2020, businesses in the EU are getting serious (or should be) about what the updated rules mean to them. One thing is for sure —the impact of the directive will be far-reaching, extending into a wide range of…
A More Sensible Approach to Account Recovery
Let’s face it — passwords suck. Why? Let me count the ways: They’re routinely forgotten They’re highly insecure thanks to near-weekly data breaches They’re usually pretty crackable They’re often shared with friends and family They’re reused and recycled across websites That’s why they’re usually considered the weakest link in the security chain. And that’s one…