Veriff’s Post

“We are delighted to have this external recognition in Chartis RiskTech Quadrant for Enterprise Fraud Solutions 2024. As the identity fraud landscape fuelled by AI rapidly evolves, we continue to invest in our technological capabilities to combat fraud and offer best-in-class solutions to protect our global customers,” said Kaarel Kotkas, the CEO and founder at Veriff. We are proud to be named a Category Leader by Chartis in its RiskTech Quadrant for Enterprise Fraud Solutions, and Best in Class Capabilities: Application Fraud and Identity Risk, in RiskTech Quadrant for Enterprise Fraud Solutions for 2024! 🎉

According to a recent Federal Bureau of Investigation (FBI) report, over 37,500 complaints about fake tech support #scams were filed in the U.S. last year, leading to more than $924 million in losses. In these scams, #fraudsters pose as representatives from companies like Apple or Microsoft, tricking victims into running fake scans and granting remote access, giving them control over the device and its data. In the latest episode of #VeriffVoices, Geo Jolly (Lead Product Manager at Veriff) discusses how #AI and facial #biometrics combat fraud, touching on privacy, #GDPR compliance, and practical tips for businesses adopting biometrics. Tune in wherever you get your podcasts! 🎙️

“We’ve built a platform that scales and has the depth and the width, which is hard to get if it's just done within a single business. Even if you're a global business, I would argue that if this isn't your core competency, then we should be partnering with you.” 🗣️ Mike O., Senior Vice President of Operations at Veriff (and one-third of our upcoming webinar panel 🤩). At Veriff, we help businesses comply with regulations, combat increasingly sophisticated fraud, and achieve growth on a global scale. How are we doing it? 🤷♀️ Find out in our next webinar (October 23rd at 11:00 EDT) on how technology and human expertise combine to combat fraud. Can’t attend live? Get the recording! (🖇️ register: https://lnkd.in/eHWB4vjJ) #webinar #tech #fraud #fraudprevention #IDV #identityverification

Money20/20 👉 where industries come together to tackle a shared challenge: making the internet a safer place. This year's #Money2020USA conference is just around the corner, and Abe Post-Hyatt, Manager of Strategic Revenue at Veriff, is back to share what he's most excited about for this year's event. Find our experts on the ground at booth #11617 (and enter our #giveaway while you're there 👀 — more info in the comments), or DM us for more info! Kaarel Kotkas Nicholas Karlsen Raul Liive Nick Vines Vincent Gaglioti Amit Tzur

📊 A LexisNexis Risk Solutions study found that over 80% of respondents reported a nearly 14% increase in SMB (small and medium-sized business) lending #fraud over the past year, even as lenders have become more cautious about issuing new credit. This troubling trend is expected to continue…👆 To combat this rising threat, #SMBs must transition from labor-intensive methods to efficient, tech-driven solutions. Our Self-Serve plans empower SMBs to get up and running quickly, enabling effective management and mitigation of fraud risks. Ready to protect your business? DM us to learn more! 🚀

🔍 Understanding structuring vs smurfing in #moneylaundering. Although often confused, structuring and smurfing are distinct techniques used in money laundering. Structuring is the deliberate splitting of large sums into smaller transactions to avoid detection by authorities. This method is not only used for money laundering but also to evade #taxes or obscure the origin of funds. Smurfing takes structuring a step further. It involves using intermediaries, known as 'smurfs,' to deposit smaller amounts across multiple accounts at different #financialinstitutions, often under false identities or overseas. Smurfing is a common placement method in money laundering, making it difficult to link the smurfs, the deposits, and the ultimate beneficiaries. Once the funds are in the system, they're ready for layering, making the money even harder to trace. All financial institutions face the risk of such schemes. 📲 Get in touch to learn more about these techniques, the potential #legal consequences, and how Veriff’s technology helps detect and prevent them.

Mal podemos esperar para ouvir Julia Monteiro falar no evento Score Summit na próxima semana! 🤩 Eles cobrirão temas como integração, eficiência e prevenção de fraudes. 👋 Esperamos ver você lá! proScore.oficial #ScoreSummit2024 #InovaçãoEmpresarial #TransformaçãoDigital #FuturoDasEmpresas #InovaçãoTecnológica

Today is #WorldMentalHealthDay and the official theme set annually by the World Federation for Mental Health is: ✨ "It is time to prioritize mental health in the workplace." ✨ 💚 In recognition of this year's theme, we asked Veriffians to share the daily habits and tips they use to put themselves first. From morning walks and organizing tasks to taking intentional breaks for self-care, here are their insights on how they stay grounded, manage stress, and create space for their well-being during busy workdays. #mentalhealth #wellbeing #workplace #workplacewellness #dreamteam Neelima Bansal Berit Vals Jason Butler Ami Smith Nadeem S. Ann-Christiin Kerner Mo Chowdhury Mari Peedimaa Francesco Malvestio Angela González Fernández

🇺🇸 End users alone in the #UnitedStates could be losing $3.5 billion to #fraud each year... In the US, 1% of consumers reported losing more than $1,000 to fraud. If this trend holds across the world’s largest economy, it could translate to over $3.5bn in annual losses, Christopher Hooper, Global Director of Brand and Digital Content Marketing at Veriff, tells us. Discover more global data on #consumer attitudes toward fraud, risk, and digital identity in our new report (📲 visit our website to download it). #fraudprevention #riskmanagement #data #financialimpact