Entries by Eyal

Your Cheat Sheet to Implementing Biometric Software

Biometrics have seen a wide application in businesses of all types, ranging in function from employee time and location tracking to security enhancement. This technology carries the potential to revolutionize business processes and simplify management efforts.  Biometrics leverage characteristics that are unique to each individual person’s physical body, allowing for far stronger security without the […]

All You Need To Know About Face ID Vs. Touch ID

For decades, companies in various industries have been producing identity verification systems that rely on fingerprint recognition, which is also known as Touch ID. While Touch ID systems are effective, better tools have been invented in recent years, like Face ID solutions.  As technology advances, so do fraudsters’ ability to hack into it. That’s why […]

How Face Recognition Addresses Cannabis Compliance Concerns

The cannabis industry is experiencing monumental growth and shows no signs of slowing down. In fact, in the U.S. alone it’s expected to reach $30 billion in market value by 2025. If you’ve recently opened a store or are considering it, profitability is certainly there–but your biggest priority should be compliance.   The cannabis industry is […]

Customer Due Diligence for Banks: 3 Ways OCR Navigates Your Compliance

Financial institutions are no strangers to regulation. Banks, brokers, and insurance companies have seen numerous regulatory changes over the last two decades, with a focus on improving transparency, protecting against financial crimes, and ensuring liquidity. One such regulation is the Customer Due Diligence (CDD) rule, requiring covered financial institutions to establish and maintain written policies […]

Should Your ID Scanning Solution Go Contactless? Yes, And Here’s Why.

Identity verification is a crucial component of transactions ranging from healthcare to cybersecurity. With multiple industries moving to online-based solutions for identity verification, ID reading software is quickly becoming the simplest, most convenient method of license scanning. ID scanning technology has drastically improved over the last decade, evolving into the ability to accept a wide […]

How Manual Invoice Management Processes Cost You Big Time

Manual invoice management is quickly becoming an antiquated method of processing payments as new technologies are mitigating its major pain points. Among them, overall costs to businesses are significantly decreasing while productivity is increasing. If your company is still conducting manual invoice management, it’s time to take a closer look at the major costs to […]

3 Ways KYC Software Is Leading The Charge In Protecting Financial Institutions

Know Your Customer (KYC) software is a vital weapon for banks and other financial institutions to fight against financial crime and money laundering. Under the new rules imposed by the federal government, it’s no longer just good business for banks to know who their customers are, it’s considered an obligation. In this article, we’ll go […]

Smart Document Classification and Processing: The Key To Transforming Business Process Automation

Between an increase in red tape, growth of microtransactions, and ensuring you’re covered on the legal end, organizations are drowning in a sea of paperwork. No matter the sector– healthcare organizations, financial institutions, hospitality, etc.– chances are the gears of daily operation are jammed shut by applications, health histories, registrations, and insurance paper trails. Luckily, […]

What The Future of Biometrics Holds For Identity Verification

While simple username and password schemes worked well enough in the early days of digital identity, mounting concerns over cybersecurity and fraud have demanded more robust solutions for verifying who you are. Fortunately, the field of biometrics has experienced rapid growth and development, offering a new paradigm for identity verification across a variety of domains.  […]