Blog and News
consumer protection
Have You Heard of “Friendly Fraud”?
Friendly fraud is real and it’s actually super common. So – let’s talk about it! In payments and e-commerce industry, “friendly fraud” is a scenario where someone from the “friends and family” circle of the “victim” gains access to their Read more…
tools and solutions
Latest Admin-Tool Favourites!
Administration is important, but it’s also frustratingly time-consuming. So I automate. Correction – I’m a junkie when it comes to testing new tools and automating administrative tasks. Here is my latest overview of what I have recently tested and am Read more…
AML
Non-Hyped Look at FATF Announcement of June 2019 with Respect to Crypto Compliance
First important point – FATF guidelines are NOT for companies or businesses or private sector, they target national authorities of FATF member countries. Which means, until FATF recommendations are implemented into the national law, they are not binding. So Read more…
consumer protection
Who is Responsible for Fraud & Unauthorized Transaction Risks?
Photo by Jonathan Sharp on Unsplash Did you know that in the EU, financial institutions are almost 100% responsible for fraud and account takeover losses, when dealing with consumers? Yes, even if the consumer is totally careless and uses “password123” Read more…
AML
New AML Circular Arrived To Liechtenstein – and It’s Great!
Liechtenstein recently confirmed its place as one of the most FinTech-friendly jurisdictions by adopting a new circular on digital verification of customers! What’s changed: In addition to 2-way video verification of customers, more options are made available to FinTech Read more…
AML
3 Helpful Developments in Digital Verification of Customers to Boost Your Conversions
Photo by Isaac Smith on Unsplash As you’ve probably noticed, new solutions in digital verification of customers pop up every week, and I’d like to share with you 3 important trends that help tremendously with customer conversions. Reliance on 2-way Read more…
EU Regulations
Facts and Myths About EU/EEA Passporting
Photo by Aslı Yılmaz on Unsplash I sometimes feel that confusions and misperceptions about passporting of financial licenses across EU/EEA is an ever-growing bubble. Today, we will burst this bubble once and for all! Passporting is a formal recognition of Read more…
