A Complete 2020 Guide to Cryptocurrency License Requirements in Estonia
Last week Anti-money laundering agency (Financial Intelligence Unit, FIU) issued its updated annual report. As usual, this report is worth reading and contains a lot of information. According to the Annual report in 2019 alone, 667 new licenses to exchange fiat money for cryptocurrencies were issued in Estonia. In this article, we will discuss why […]
Online Health: Identity Verification for Telemedicine Services
As the current state of the global pandemic gets serious, the online telehealth and healthcare services look towards the evolving and robust technology of identity verification systems. It is a perfect way to uphold regulations and remain compliant. And GetID couldn’t be more perfect for online telemedicine and healthcare services to have accurate, instant, automated, […]
How Identity Verification Shields You from the Dangers of Dating Apps in 2021
Introduction Online dating has exploded in popularity in the past few years. Unfortunately, dating websites and apps are hotbeds for scammers, criminals, violent abusers, and sexual predators. And while streamlined onboarding makes using these tools quicker and easier than ever before, the lack of online dating identity verification procedures is shocking. Without solid identity authentication […]
Insurance Companies: How to prevent fraud and ensure AML Compliance
Insurance companies, like any other financial institution, are concerned about many specific things that can happen such as money laundering, tax evasion, terrorist financing, and other types of fraud. In order to ensure that they know who their customers are, insurance companies have to identify their customers through KYC procedures. On top of that, insurance […]
