Incode is the identity company that is reinventing the way humans authenticate and verify their identity online to power a world of trust. Incode’s products are being used by some of the world’s largest financial institutions, governments, marketplaces, hotels and hospitals. Omni delivers the highest standard in security, user experience and regulation with a set of proprietary, machine learning, computer vision, anti-fraud and digital onboarding components.
Anti-Money Laundering (AML) risk assessment helps organizations evaluate how likely clients are to commit financial crimes such as money laundering and terrorist financing. Money laundering risk assessment is essential for regulatory compliance and fraud prevention, making it a vital part of the onboarding process.
German Commission for the Protection of Minors in the Media Approves Incode Technologies as an Age Verification System (AVS)
Photo ID Verification: How It Works and Benefits Your Business
Photo ID verification has long been used in retail, but the rise of eCommerce has made it an increasingly important tool for digital security. Knowing how to verify photo IDs online can help your organization strengthen your Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures.
As the presence of online transactions continues to increase, the importance of a streamlined Know Your Customer (KYC) protocol is essential. eKYC or Electronic Know Your Customer is an advanced method for performing KYC that minimizes fraud and increases speed and conversion rates. Learn about eKYC and whether this digital identity verification method suits your organization.
Enhanced Due Diligence (EDD) procedures protect businesses when onboarding customers who have been identified as high-risk. EDD finance checks involve stricter verification methods than standard Customer Due Diligence (CDD). They may be required for certain customers, such as foreign government officials or large cash transactions, and serve to strengthen protection against fraud and money laundering.
Chances are, you've been asked to submit a copy of your ID or social security card for digital onboarding at a credit union, a bank, or a financial organization. Email addresses, phone numbers, and addresses are even more common forms of information collection, spanning multiple industries. While you may not have known, these procedures are part of Customer Due Diligence (CDD).
Synthetic identity theft represents a growing threat to digital customers and online businesses. It works by piecing together fragments of the victim’s identity from multiple sources, creating a composite that can be used for fraudulent credit applications and purchases. This constitutes a more sophisticated form of identity theft than conventional attack methods, making it more difficult to stop. Fortunately, there are steps that companies can take to protect themselves and their customers from synthetic identity fraud.
Incode is Powering a World of Trust By Reinventing The Way Humans Authenticate and Verify Their Identity Online.
Ricardo Amper, CEO and Founder of Incode, joins Action and Ambition to talk about the growth of Incode and how we are reinventing the way humans authenticate and verify their identity online to power a world of trust. Hosted by Andrew Medal and Phillips Lanos.
Listen to the podcast here
The following is a translated transcript of an interview between El Sol de Mexico and Ricardo Amper, Founder and CEO of Incode Technologies.
To read the original article click here
Publisher: El Sol de Mexico
Orignial Author: Erick Ramirez
This technology company, which specializes in user identity verification, was one of the latest Mexican founded companies to achieve unicorn status in 2021, having achieved a $1 billion valuation.