by Thanuja Srinivaasan | Mar 17, 2023 | BANKING, M2P FINTECH
Over 9,103 bank fraud cases worth 604 billion rupees were reported across India in 2022. Now, this is not a good sign for the banking industry. Let alone the digital banking sector. With digital transformation on the rise, the cyber threat landscape has evolved too....
by Thanuja Srinivaasan | Mar 10, 2023 | Engineering, Flutter, KYC, M2P FINTECH, RegTech, Regulatory Compliance, VKYC
Video KYC is a game changer in digital onboarding. Since 2020, video-based identity verification has been effective in preventing fraud, reducing onboarding costs, and speeding up the authentication process. A robust face liveness detection is a key part of the VKYC...
by Thanuja Srinivaasan | Feb 20, 2023 | M2P FINTECH
Buy Now, Pay Later (BNPL) has taken the e-commerce world by storm in the past few years. Driving a 30% increase in conversions and an 85% rise in average order value, BNPL has earned merchant confidence and customer trust. With 97% smartphone penetration, the UAE is...
by Thanuja Srinivaasan | Feb 1, 2023 | BANKING, RegTech, Regulation
Does your organization collect or store Aadhaar numbers? Then you are at high risk. With identity thefts, data breaches, and cyber fraudsters on the rise, businesses are vulnerable to financial and reputational damage. While conducting digital KYCs that involve...
by Thanuja Srinivaasan | Oct 12, 2022 | M2P FINTECH, PAYMENTS
Money laundering costs the world nearly 5% of its GDP. The losses are estimated to be over $2 trillion per year. For starters, money laundering is not some harmless misdemeanor. It’s a serious financial crime with significant economic and social consequences. As 90%...
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