Ben Zane

Enthusiast and passionate about my planning and implementations

[Ben Zane @BenBenzane]

@mumarwaqaas Nice.

[Ben Zane @BenBenzane]

For the Businesses Who are Victim of Age Verification Scams | @scoopit https://t.co/OQZ2UyvTIe

[Ben Zane @BenBenzane]

Digital Identity Verification is becoming a major and mandatory practice to conduct while engaging with the people online especially in Financial terms.

Visit the post to learn more and don't forget to like us.

https://t.co/mOTRVVOdsi

#identityverification

[Shufti Sphere @Shufti_Global]

A report by the UK's gambling firms has exaggerated the impact of illicit betting to influence the regulators for their upcoming decision of strict regulations.

For more, visit: https://t.co/0VxWlisdjZ


#blockchain #ArtificialIntelligence #fintech #Finance #Financial

[Shufti Sphere @Shufti_Global]

Fake lending applications have become an increasing threat to data security. Hackers are using these applications to gain the personal information of people and blackmailing them.


For more, visit: https://t.co/k8aZSzxrzS 


#datasecurity #Hacking #hackers #blackmailers #AI

[Shufti Sphere @Shufti_Global]

Since criminal activities are becoming sophisticated over time, the identity verification system must be more sophisticated. Multi-tier security is what companies need nowadays.

For more, visit: https://t.co/mskyx6PUkK

#identityverification #internetsecurity #cybersecurity

[Shufti Sphere @Shufti_Global]

The Healthcare industry is becoming the primary target of fraudsters. Know Your Patient verification is one way of combating fraud.

For more, please visit: https://t.co/HGbtTKMFMZ

#artificialintelligence #fraudprevention #healthcareindustry #fraudprotection #cybercrimes

[Shufti Sphere @Shufti_Global]

TikTok application faces legal action for violating the UK's minor protection data policy. The app is being sued by a 14-year-old girl and the case hopes to achieve the removal of minor data.


For more, visit: https://t.co/5NwpItEyqZ

#TikTok #IDENTITY #legaltech #Compliance

[Shufti Sphere @Shufti_Global]

Financial Crime Enforcement Network's (FinCEN) proposal regarding the stringent KYC regulations for crypto wallets has been halted by President Joe Biden as he steps into the office. 


For more, please visit: https://t.co/NlDy7Kn7Dv 


#KYC #cryptocurrency #JoeBiden #Crypto

[Shufti Sphere @Shufti_Global]

Shufti Pro’s Facial Biometric Authentication to prevent unauthorised account access, remove friction and delays, and ease the login process with an extra layer of security.

https://t.co/5XF0AGuNeH

#Youtube #Biometrics #Security #ShuftiPro #Technology #Business

[Shufti Sphere @Shufti_Global]

OCR technology allows fast and accurate conversion of paper documents into machine-readable form stored over cloud storage, saving a good deal of expenses for businesses.

Find out more here: https://t.co/LETP3KrL5P

#OCR #opticalcharacterrecognition #technology #CyberSecurity

[Shufti Sphere @Shufti_Global]

A German investment bank, Deutsche Bank has agreed to pay $130 million of fines for violating U.S regulations. They agreed to settle in order to avert the charges regarding corruption and bribery. 

For more, visit: https://t.co/4v9BzVMy0W 


#DeutscheBank #Corruption #SCAM

[Shufti Sphere @Shufti_Global]

A report by Finbold reveals the total of fines imposed on the banks around the world for non-compliant with their regulatory obligations. 

For more, visit: https://t.co/nsdGwpuJFf 


#Banking #fintech #FintechNews #regulations #blockchain #technology #AI #Compliance

[Shufti Sphere @Shufti_Global]

FCA, the UK's Financial Conduct Authority has laid out warnings against the rising investment scam done through online trading platforms and social media websites.

For more, please visit: https://t.co/641oPx25Vj


#Fca #Finance #FinancialTimes #SCAM #trading #socialmedia

[Shufti Sphere @Shufti_Global]

European Central Bank's President, Christine Lagarde raises the concern of financial crime and money laundering done through crypto-assets like bitcoin.

For more, visit: https://t.co/tACeOGLktc 


#Crypto #bitcoins #Finance #crime #cryptocurrencynews #Europe #ML

[Shufti Sphere @Shufti_Global]

KYC/AML compliance in the Fintech sector allows companies to streamline their customer onboarding process and prevent money laundering and identity fraud.

Read more here: https://t.co/S3zij6FBLE

#AML #fintech #fintechrevolution #fintechnews #SCAM #blockchain #Compliance

[Shufti Sphere @Shufti_Global]

The large penalties on banks for AML non-compliance in 2020 have led to more rigid KYC and AML regulations in 2021.
For more, visit: https://t.co/l8CO4sYeHN

#moneylaundering #cybersecurity #aml #regulations #penalties #bankingtech #blockchain #compliance #antimoneylaundering

[Shufti Sphere @Shufti_Global]

The comment period of the regulation of the virtual assets and digital transactions has been extended by Financial Crimes Enforcement (FinCEN) after much criticism from the cryptocurrency vendors.
For more, visit: https://t.co/CiovH5Xt7n

#Digital #Finance #FinCEN #cryptocurrency

[Shufti Sphere @Shufti_Global]

A report by the People's Bank of China states that China's banks and financial institutions have been fined a total of USD 97 million, which is three times more than the previous year.

For more, visit: https://t.co/hw3ZKgxK7Z

#China #Banking #Finance #blockchain #fintechnews

[Shufti Sphere @Shufti_Global]

Capital Bank, an American bank, has been penalized in the amount of USD 390 million. Financial Crime Enforcement Network (FinCEN) has imposed these fines for non-compliance with The Bank Secrecy Act.


For more, visit: https://t.co/ASykPh17wZ

#Banking #fintech #blockchain