GBG Group, a specialist in digital location, identity and identity fraud software, has announced that it has acquired Verifi Identity Services Limited, commonly known as Cloudcheck.

Businesses need to ensure consumers are aware of the cutoff points for package deliveries before the holiday season, or they risk losing customers.

FIs across APAC are continuing to grapple with financial crime management strategy and investment to take full ownership and build in-house systems, buy a solution, or utilise managed services from a solution provider.

Customer identity is the foundation of customer engagement and trust, particularly during a time when organisations are onboarding more customers than ever before.

"Most importantly, consumers feel more assured when organisations clearly make the effort to integrate frontend security measures, which underscores the need for simple, safe and secure identity verification."

SEON’s technology is fully integrated into the GBG Intelligence Center to effectively use email, IP, phone, and social media as alternative data for fraud detection, while meeting compliance and data privacy needs.

When an onboarding process is architected correctly, there are tangible benefits for customer satisfaction.

GBG regional general manager for ANZ Carol Chris discusses why digital identity verification technology is becoming more essential and the evolution of biometric tech.

In this IT Jam, we speak to GBG regional general manager for ANZ Carol Chris.

"The pandemic is creating a lot of uncertainty, but the majority of FIs in APAC recognise that an end to end fraud management platform is strategic to differentiating themselves from the highly disruptive landscape they are playing in."

“To aid in that fight, GBG offers a layered digital fraud and compliance solution which unifies data across vertical silos to improve financial crime detection accuracy across the customer journey."