Posted on: May 30, 2023
Whether it’s sports betting, poker, or casino – they’re all contributing to a USD 81.08 billion market, estimated to grow at 11.7% CAGR surpassing USD 172.2 billion by 2030. Technological developments, increasing internet penetration, rising mobile phone usage amongst players...
Read MoreWe have seen unprecedented growth within igaming/gambling markets globally. Even in a postpandemic world, the industry continues to experience high gains and will maintain its accelerated growth of 7.1% CAGR, to be worth $321 billion by 2026. Key contributing factors are an increase in overall global sports betting, high penet...
Read MoreLatin America is recently one of fintech’s hottest markets, providing a fertile ground for financial service adoption – potentiated by the high mobile app usage, subpar financial services, and the vast unbanked population. In 2021, the fintech venture and startup landscape reached $6B in investments in 2021, 3x more since 2020 and 24x more since 2016. Furthermore, governments have implemented fintech-friendly regulations such as Peru approved the Regulation of Innovative Models in 2021.
Read MoreAdvances in technology have made it easier than ever to transfer money between people and organizations. Unfortunately, they’ve also made it easier than ever to transfer illicit funds illegally around the world. We discuss important compliance regulations and how through the combination of data-driven identity verification with an orchestration hub can elimiate the cumbersome process of remaining compliant.
Read MoreIn today's digitally connected world, online sales have become more crucial than ever before. However, while many customers embrace the convenience of online shopping, others may try to take advantage of it for their own gain. Credit card fraud and electronic theft are some of the common problems faced by businesses operating online. The most significant challenge is the ease with which dishonest individuals can steal someone else's identity and use it to make purchases online.
Read MoreCryptocurrencies have been making waves in the financial world lately, and for good reason. These digital assets are experiencing an unprecedented surge in popularity due to their accessibility and ease of use across national borders. As more people start using crypto for various transactions, it becomes increasingly important to ensure that these transactions are secure and compliant with regulations. This is where Anti-Money Laundering (AML) regulations come into play.
Read MoreDevice-based authentication, commonly referred to as Device Fingerprinting, is becoming increasingly prevalent in today's market. With the rise in online fraud and cyber threats, businesses are turning to device fingerprinting as a valuable tool for preventing fraudulent activity. In a nutshell, device fingerprinting involves collecting unique information on a device, such as its configuration and settings, for identification purposes.
Read MoreThe Cadastro de Pessoas Físicas (CPF; Portuguese for “Natural Persons Register”) is the Brazilian individual taxpayer registry identification, a number attributed by the Brazilian Federal Revenue to both Brazilians and resident aliens who pay taxes or take part, directly or indirectly, in activities that provide revenue for any of the dozens of different types of taxes existing in Brazil.
Read MoreMany businesses used to accept chargebacks as an inevitable cost of doing business. However, this is no longer the case. Thanks to advancements in technology, chargebacks can now be significantly reduced or even prevented altogether. By taking the time to understand your business's needs and implementing the right fraud prevention measures, you can create a more controlled and secure environment. This not only gives you peace of mind but also frees up your attention to focus on other aspects of your business.
Read MoreGeolocation is the practice of finding the geographic location of an object, usually an electronic device such as a phone or computer. Closely related to what a positioning system does, geolocation services focus on collecting data beyond the geographic coordinate (Proxy Piercing technology). Knowing where a customer is at the time of purchase is helpful to businesses, and geolocation services can be used for fraud prevention and regulatory compliance.
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