EP930: How to improve your KYC bulwark against fraudsters

Andrew Bud, Founder & CEO, iProov

iProov's threat intelligence research shows an unprecedented escalation in attacks designed to bypass KYC checks across not only neobanks but also banking in generaal, crypto exchanges, e-wallets, and digital payment platforms. Andrew Bud, Founder & CEO of iProov discusses what can be done to block such attacks with Robin Amlôt of IBS Intelligence, explaining how facial biometric verification with certified liveness detection, tied to a government-issued ID, should be a non-negotiable security measure for secure identity verification in financial services.