[09-18]cyber attacks on banks 2019-aml platform

Local image descriptors for biometric liveness detection


pep in banking terms

Author:pep politically exposed person    kyc and aml

Keywords:due diligence aml,    5 pillars of aml program,    pep client,    kyc screening process,    money laundering software,  biometric security


Securing web services with biometrics
Universal access is a concept that is very broad in its compass and of immense potential importance with the increasing incorporation of technology routinely into more and more aspects of everyday life. An important element in the design of many systems, especially those that impinge on the utilization and manipulation of essentially private or particularly sensitive areas of life (for example, access to controlled areas, availability of financial or medical records, and so on), is the way in which access is controlled, security and integrity of data guaranteed, and monitoring of system use achieved (see also Chapter 57, "Security and Privacy for Universal Access," of this handbook). us, for many systems, and on an increasing scale, the nature of the approach adopted to the management of security is a vital issue in achieving an information society in which universal access is not just facilitated (desirable though this undoubtedly is), but also controlled and regulated in an appropriate way. is tension between facilitation and regulation will be an important theme discussed later on in this chapter.
Blockchain-based solutions have the potential to make government operations more efficient and improve the delivery of services in the public and private sectors. Identity verification and authentication technologies, as one of the applications of blockchain-based solutions C and the focus of our own efforts at SecureKey Technologies C have been critical components in service delivery in both sectors due to their power to increase trust between citizens and the services they access. To convert trust into solid value added, identities must be validated through highly-reliable technologies, such as blockchain, that have the capacity to reduce cost and fraud and to simplify the experience for customers while also keeping out the bad actors. With identities migrating to digital platforms, organizations and citizens need to be able to transact with reduced friction even as more counter-bound services move to online delivery. In this article, drawing on our own experiences with an ecosystem approach to digital identity, we describe the potential value of using blockchain technology to address the present and future challenges of identity verification and authentication within a Canadian context.

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