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Aug 4, 2022   |  By IDcentral
India’s online gaming industry has witnessed an unprecedented rise even before the pandemic. It is in the world’s top five mobile gaming markets. However, COVID-19 and the following lockdowns saw significant growth in online gaming in India. By September 2020, almost 17% of worldwide downloads, with 7.3 billion installed games in September 2020. India has 400+ online gaming market players and is home to 420 million online gamers, second only to China.
Aug 3, 2022   |  By IDcentral
Identity fraud has been a significant threat to businesses. Industries related to finance and financial institutes, tourism, and hospitality are the most affected by this. Although scammers use various methods and tricks for identity theft, synthetic identity is a major concern and is a popular trend amongst fraudsters. Synthetic Identity Theft is a complex form of theft in which the person’s identity is imitated.
Jul 27, 2022   |  By IDcentral
Identity can be defined as the group of qualities and attributes that make one person unique from others. As a measurable and recordable set of features, identity is also comprehended in terms of the range of those measurable metrics so it can be saved on a system as a digital ID. Like all digital data, ID verification online is also a must to confirm ID to ensure the fraud-free operation and prove the person is who they claim to be.
Jul 13, 2022   |  By Vineet Jain
As per the news reports published MTN’s Mobile Money Bank suffers N22B Fraud, Drags 18 Banks to court for recovery The newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) a banking subsidiary of MTN Communications Limited has in less than a month operation suffered a massive fraud worth over N22 billion on its network. The suspicious transfers were due to the fact that the MoMo PSB suffered system exploitation which led to the said debits.
Jun 16, 2022   |  By Philip Chethalan
The National Crime Record Bureau (NCRB), in its report, recorded 50,035 cybercrime cases in 2020, and it is alarming to see that the numbers have surged exponentially ever since the pandemic. This opened the gates to remote onboarding and the use of facial recognition algorithms to distinguish users’ unique features, enhancing their onboarding experience. On the flip side, this has also given scamsters and fraudsters ample opportunities to manipulate and employ technologies for wrongful gains.
Jun 10, 2022   |  By Vineet Jain
Globally, the telecom service providers are under massive pressure to add new revenue streams because of the commoditization of voice and data services and dropping margins. In this regard, several service providers have started offering financial services to leverage their distributor network and existing relationship with the subscribers.
May 27, 2022   |  By Sushanta Kumar Mishra
With the speed of technological advancements, one term is ubiquitous, Artificial Intelligence. Across various fields, AI is changing how we look at current technologies. One technology transformed with the implementation of AI is OCR, Optical Character Recognition. OCR can process images of text and convert them into a machine-readable format. It can take handwriting and printed documents and convert them into a digital format.
Feb 3, 2022   |  By Philip Chethalan
The Union Budget 2022 has been primarily focused on creating a digitally growing economy. The government has started prioritizing its expenditure on building a faster and more efficient environment for its consumers. The purpose of introducing virtual assets is to boost the digital economy. The introduction of legal regulations has now led the government to create a secure platform for these transactions to flow through effectively.
Dec 14, 2021   |  By Sushanta Kumar Mishra
Concepts like AI-based video editing and augmented video processing are not just buzzwords anymore. Fraudsters now have easy access to plug-and-play products that enable them to use the power of deep learning and advanced AI to anonymize, mask, and alter images and videos. These spoofs also known as presentation attacks include printed photos, cutout masks, digital and video replay attacks, and 3D masks.
Nov 15, 2021   |  By Ayesha Kapoor
As India embraces the digital transformation and aligns with post pandemic lifestyle, working from home, shopping online, and managing money digitally has conveniently become a routine for us. This quick shift in the industry wouldn’t have been possible without quick regulatory advancements by government. Giving convenience a priority, critical functions like opening a bank account, lending a loan, large transactions, are now possible on fingertips.

IDcentral enables the effective use of alternate sources of data to enable customer onboarding, verification, and deliver of identity analytics. Leveraging our relationships with carriers across the globe that spans over two decades, we have access to one of the largest repositories of data in the world. Our objective is to help organizations succeed in the digital era by the right use of technology to influence trust and customer experience.

Our Digital ID solution enables businesses to verify customer identities using alternate sources of data in real-time.

  • ID Cloud: A comprehensive identity repository enabling enterprises to convert attributes to digital identities.
  • ID Verification: Identity verification and authentication solutions based on phone number and alternate ID.
  • Identity Scoring: Data driven intelligence for a comprehensive behavioral score of your consumers.

Your one-stop-shop for Digital Identity solutions!