The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number

    OSZAR »


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    tr

    31.145.16.12

    UAE adopts digital identity and blockchain to fight COVID-19

    UAE

    Taking into account the recent Coronavirus outbreak, UAE’s Ministry of Community Development (MOCD) has started adopting digital channels for governmental services. The system completes requests by relying on the use of digital identity by individuals, blockchain systems and chat systems. 

    Establishing social welfare bodies and issuing marriage licenses are some of the responsibilities of the department.

    According to the MOCD, it has started receiving digital documents instead of paper documents through its customer happiness centers (UAE’s version of customer service centers). 

    According to Hessa Essa Buhumaid, UAE’s Minister of Community Development, “This step confirms the ministry’s commitment to ensure the continuity and flexibility of all government services in light of the directives of the smart government to reduce the spread of COVID-19.”

    The Emirates News Agency reported that the MOCD has been using blockchain for digital authentication of official certificates and other documents. Currently, the blockchain system can process 2,919 different types of documents. Now, the ministry will provide services through its website and smart applications, with additional support via e-mail and telephone. 

    The main purpose is to restrain the public from visiting government offices and service centers. Digital identity is utilized for remotely accessing government services. 

    The UAE Pass app is a national digital identity system developed by Smart Dubai, Telecommunications Regulatory Authority and Abu Dhabi Digital Authority. It allows smartphone-based verification of a user and enables them to sign documents electronically. 

     

    The UAE is also coming strong on distributed ledger technology (DLT), with various projects throughout the country. The Ministry of Health and Prevention (MoHAP) has developed a blockchain platform for storing healthcare and pharmaceutical data.

    Related Posts

    News

    KYC/AML and Sanctions fines reach $5.6 billion mid-year for global financial institutions

    The leading provider of digital transformation and client lifecycle management (CLM) solution, Fe...

    KYC/AML and Sanctions fines reach $5.6 billion mid-year for global financial institutions Explore More

    News

    EU and British Financial Watchdogs to Investigate Digital Stock Tokens

    The German and British regulators are reportedly investigating the stock token trading, recently ...

    EU and British Financial Watchdogs to Investigate Digital Stock Tokens Explore More

    News

    Belgian financial sector launches campaign to help consumers avoid online fraud

    The financial sector’s federation, Fibelfin, is initiating a campaign to respond to the sense of ...

    Belgian financial sector launches campaign to help consumers avoid online fraud Explore More

    News

    NFTs Seek to Implement KYC/AML Standards as Money Laundering Rises

    NFTs (Non-Fungible Tokens) are certainly becoming popular in the crypto industry. However, they d...

    NFTs Seek to Implement KYC/AML Standards as Money Laundering Rises Explore More

    News

    Nepal Approves Anti-Money Laundering Bill to Comply with International Standards

    Nepal endorsed an anti-money laundering bill as the initial step to combat financial crime and en...

    Nepal Approves Anti-Money Laundering Bill to Comply with International Standards Explore More

    News

    Surge in Identity Theft Frauds During Covid-19

    According to new data from the Federal Trade Commission (FTC), identity theft has risen to the nu...

    Surge in Identity Theft Frauds During Covid-19 Explore More

    News

    UAE Confiscates Dh4.73 Bn Worth of Assets in Fight Against Financial Crimes

    In the past 12 months, the United Arab Emirates has seized assets worth Dh4.73 billion ($1.29bn) ...

    UAE Confiscates Dh4.73 Bn Worth of Assets in Fight Against Financial Crimes Explore More

    News

    US Government to Establish New Corporate Transparency Act Regulations to Verify UBOs

    The US government is ready to change the process of reporting beneficial ownership. The final rul...

    US Government to Establish New Corporate Transparency Act Regulations to Verify UBOs Explore More

    News

    Dubai Court Sentences Gang of 18 for Charges of Money Laundering

    The Dubai Criminal Court has convicted a gang of 18 individuals belonging to different countries ...

    Dubai Court Sentences Gang of 18 for Charges of Money Laundering Explore More

    News

    US Seizes 18 Crypto ATMs Bought With Fraudulent Loans

    US law enforcement has seized 18 cryptocurrency automated teller machines previously purchased vi...

    US Seizes 18 Crypto ATMs Bought With Fraudulent Loans Explore More

    News

    FMA Blacklists Krypto Security, Bay Exchange, and CTRL Investments Limited

    New Zealand’s FMA has warned investors against services and products being offered by unauthorize...

    FMA Blacklists Krypto Security, Bay Exchange, and CTRL Investments Limited Explore More

    News

    Home Office Reveals 20% of UK Businesses are Affected by Fraud

    An extensive survey of thousands of businesses between 2018 and 2022 determined that one in five ...

    Home Office Reveals 20% of UK Businesses are Affected by Fraud Explore More

    News

    Sebi Releases New Anti-Money Laundering Guidelines

    The capital markets regulatory authority, the Securities Exchange Board of India (Sebi), publishe...

    Sebi Releases New Anti-Money Laundering Guidelines Explore More

    News

    OSCE – Eurasian Forum Combines to Counter Money Laundering and Terrorism Financing

    The Organisation for Security and Co-operation in Europe (OSCE) supported the joint efforts with ...

    OSCE – Eurasian Forum Combines to Counter Money Laundering and Terrorism Financing Explore More

    News

    Sydney’s ‘Mini Casino’ Venues Suspected for Money Laundering

    Sydney’s 10 “mini-casino” poker venues have been suspected of money laundering activities. Accord...

    Sydney’s ‘Mini Casino’ Venues  Suspected for Money Laundering Explore More

    News

    Ukraine Issues 14 Million Biometric Passports

    According to Ukrinform, more than 14 million biometric passports have been issued in Ukraine so f...

    Ukraine Issues 14 Million Biometric Passports Explore More

    News

    EU’s decision to ban Facial Recognition for five years divides the tech giants

    Facial recognition is emerging as a conflicting technology causing key disagreement among the wor...

    EU’s decision to ban Facial Recognition for five years divides the tech giants Explore More

    News

    Scottish Firm Blacklisted by the World Bank for Fraudulent Practices

    An anonymously owned Scottish firm has been blacklisted by the World Bank for being involved in f...

    Scottish Firm Blacklisted by the World Bank for Fraudulent Practices Explore More

    News

    Supreme People’s Court of China to Impose Severe Penalties for Financial Crimes

    China’s top courts are set to impose heavier punishments to prevent financial crimes and mitigate...

    Supreme People’s Court of China to Impose Severe Penalties for Financial Crimes Explore More

    News

    Canada Broadens Scope of Anti-Money Laundering and Terrorist Financing Rules

    After Prime Minister Justin Trudeau invoked the Emergencies Act on Monday, 14th February, the Dep...

    Canada Broadens Scope of Anti-Money Laundering and Terrorist Financing Rules Explore More

    News

    A Trust Company Penalised for Opening a Doorway to Money Laundering

    A team of accountants and economists have been fined by a court in Channel Island for neglecting ...

    A Trust Company Penalised for Opening a Doorway to Money Laundering Explore More

    News

    Leading Japanese Crypto Exchange Loses $100 Million to Hackers

    Liquid Global, a leading cryptocurrency exchange in Japan was hit by a hacking attack and the exc...

    Leading Japanese Crypto Exchange Loses $100 Million to Hackers Explore More

    News

    Visa, Mastercard Face FTC Inquiry Over Debit Card Transactions

    Visa Inc. and Mastercard Inc. are once again facing inquiries by the Federal Trade Commission ove...

    Visa, Mastercard Face FTC Inquiry Over Debit Card Transactions Explore More

    News

    UAE Receives Observer Status at APG For Money Laundering

    UAE becomes the first Arab country receive an observer status at the Asia/Pacific Group of Money ...

    UAE Receives Observer Status at APG For Money Laundering Explore More

    News

    New Bitcoin scam hits Canada

    According to a report, a supposed Bitcoin (BTC) scam is now targeting residents of Winnipeg, Cana...

    New Bitcoin scam hits Canada Explore More

    News

    Biden’s Administration Announces New Timeline for AML Initiative and Beneficial Ownership Rules

    FACT’s anti-money laundering efforts are updated in the Biden Administration’s Spring 2023 Regula...

    Biden’s Administration Announces New Timeline for AML Initiative and Beneficial Ownership Rules Explore More

    News

    China’s cyberspace regulators approve 224 blockchain ventures

    China’s Office of the Central Cyberspace Affairs Commission (OCCAC) has recently announced a new ...

    China’s cyberspace regulators approve 224 blockchain ventures Explore More

    News

    FATF Warns Many Countries Continue to Face Challenges in Meeting Virtual Asset Regulations

    Approximately 75% of FATF member countries fail to adhere to or only partially comply with Recomm...

    FATF Warns Many Countries Continue to Face Challenges in Meeting Virtual Asset Regulations Explore More

    News

    Transparency International Declares South Sudan Second Most Corrupt Country

    In the East African region, South Sudan has been ranked as the most corrupt country in the world....

    Transparency International Declares South Sudan Second Most Corrupt Country Explore More

    News

    Nearly $30 Billion Laundered Through Canada’s Real Estate – Says TIC

    A joint study by Transparency International Canada and the End Snow Washing Coalition highlighted...

    Nearly $30 Billion Laundered Through Canada’s Real Estate – Says TIC Explore More

    News

    UAE Confiscates Assets Worth $354 Million to Crack Down on Money Laundering

    UAE stepped up and seized $354 million worth of assets from March to mid-July 2023 in the fight a...

    UAE Confiscates Assets Worth $354 Million to Crack Down on Money Laundering Explore More

    News

    Officials Concerned about the Russian Money Laundering Done Through the UK

    The top officials in the UK have shown their concerns about the disturbing regularity of the Russ...

    Officials Concerned about the Russian Money Laundering Done Through the UK Explore More

    News

    Fake Vaccination Certificates Becoming a Full-blown Industry in 29 Countries

    Thousands of fake vaccination certificates are being sold on the dark web, and through the messag...

    Fake Vaccination Certificates Becoming a Full-blown Industry in 29 Countries Explore More

    News

    AUSTRAC Sues Star Casino for Alleged Anti-Money Laundering Breaches

    AUSTRAC has sued Star casino group with more civil penalties for doing business with ‘high-risk c...

    AUSTRAC Sues Star Casino for Alleged Anti-Money Laundering Breaches Explore More

    News

    HKMA Fines Cathay United Bank’s Hong Kong Branch with HK$11m

    HKMA investigated CUBHK for violating the Anti-Money Laundering and Counter-Terrorist Financing O...

    HKMA Fines Cathay United Bank’s Hong Kong Branch with HK$11m Explore More

    News

    Japan Considers Facial Recognition to Trace Contact at Large Scale Events

    According to the Japan Times report, the country is planning to introduce facial recognition at l...

    Japan Considers Facial Recognition to Trace Contact at Large Scale Events Explore More

    News

    Former NFL Player Guilty of Identity Theft, COVID-19 Relief Fraud

    Ex NFL player has been found guilty to one count of unauthorized access device fraud and one coun...

    Former NFL Player Guilty of Identity Theft, COVID-19 Relief Fraud Explore More

    News

    U.S. Schools and Colleges Witness a Rise in Data Breaches

    Data breaches and cyberattacks continue to grow and now targeting the education sector. Amid the ...

    U.S. Schools and Colleges Witness a Rise in Data Breaches Explore More

    News

    MP Calls in For UK’s Defences in Opposition to “Dirty Money” Overrun

    The cross-party group of MP declares UK defences in becoming the “jurisdiction of choice for dirt...

    MP Calls in For UK’s Defences in Opposition to “Dirty Money” Overrun Explore More

    News

    IRS Highlights Potential Risk of Fraud in NFTs and Cryptocurrencies

    IRS highlights Non-Fungible Token (NFTs) and crypto as the potential risk of financial crimes, in...

    IRS Highlights Potential Risk of Fraud in NFTs and Cryptocurrencies Explore More

    News

    FIAU Fines Maltese Investment Fund €300,000 for ‘disregard’ of AML Rules

    The FIAU said that Southern Cross Sicav showed ‘disregard’ for its anti-money laundering obligati...

    FIAU Fines Maltese Investment Fund €300,000 for ‘disregard’ of AML Rules Explore More

    News

    Australia Lags Behind in Extending FATF’s AML/CFT Recommendations to DNFBPs

    Australia is sending a signal to welcome global financial criminals for business in its lawyers, ...

    Australia Lags Behind in Extending FATF’s AML/CFT Recommendations to DNFBPs Explore More

    News

    Canada Seeks to Digitize ID-Documents for Enhanced Security Measures

    Canada, Ontario’s government is working towards digitizing the identity documents and seeks publi...

    Canada Seeks to Digitize ID-Documents for Enhanced Security Measures Explore More

    News

    New European Legislative Proposals to Transform the Digital Platforms

    A new act is proposed by the European Commission to enhance digital spaces. A new set of rules ha...

    New European Legislative Proposals to Transform the Digital Platforms Explore More

    News

    FinCEN May Release a YouTube Video to Outreach Latest BOI Rules

    The Financial Crimes Enforcement Network (FinCEN) director stated they are creating awareness cam...

    FinCEN May Release a YouTube Video to Outreach Latest BOI Rules Explore More

    News

    Facebook’s New AI Can Help You Circumvent Facial Recognition

    Facial recognition technology is primarily used to detect and identify people but in a turn of ev...

    Facebook’s New AI Can Help You Circumvent Facial Recognition Explore More

    News

    UAE Making ‘Strong Progress’ in Efforts to Prevent Financial Crimes

    The Minister of Foreign Affairs said that the UAE is making “strong progress” to prevent illicit ...

    UAE Making ‘Strong Progress’ in Efforts to Prevent Financial Crimes Explore More

    News

    UAE Imposes Strict Penalties for AML and CFT Failings

    The UAE is set to be removed from the FATF’s Gray List in the upcoming year as it substantially i...

    UAE Imposes Strict Penalties for AML and CFT Failings Explore More

    News

    The Brussels Threatens Emirates with Sanctions for Illicit Financial Flow

    Think tank has ranked emirates to be the top destination for illicit financial activities. Brusse...

    The Brussels Threatens Emirates with Sanctions for Illicit Financial Flow Explore More

    News

    The Commodity Futures Trading Commission to Regulate the Crypto Market with “Full Oversight Capabilities”

    The chairman of the CFTC discussed that his agency would regulate the crypto market.  Digital Com...

    The Commodity Futures Trading Commission to Regulate the Crypto Market with “Full Oversight Capabilities” Explore More

    News

    Hong Kong Licenses Crypto Exchanges, Limiting Services to Professional Investors

    Digital currency exchanges in Hong Kong will be obliged to apply for a license prior to offering ...

    Hong Kong Licenses Crypto Exchanges, Limiting Services to Professional Investors Explore More

    News

    Credit Cards are Risky for Crypto Transactions, Says Taiwan’s Financial Watchdog

    Credit cards should not be used for crypto-related transactions, as stated by Taiwan’s financial ...

    Credit Cards are Risky for Crypto Transactions, Says Taiwan’s Financial Watchdog Explore More

    News

    American Gaming Association Updates Best Practices for AML

    The American Gaming Association (AGA) has released updated “Best Practices for Anti-Money Launder...

    American Gaming Association Updates Best Practices for AML Explore More

    News

    Financial Regulators in China Ban Bitcoin Trading for Financial Security

    China imposed a fresh ban on the cryptocurrency sector making the price of bitcoin fall below $34...

    Financial Regulators in China Ban Bitcoin Trading for Financial Security Explore More

    News

    South Korea Seizes $47M Worth of Crypto from Tax Evaders

    South Korean officials have seized $47 million in cryptocurrency from 12,000 individuals accused ...

    South Korea Seizes $47M Worth of Crypto from Tax Evaders Explore More

    News

    SARB Issues Guidance to Discourage the Termination of Crypto Transactions in Banks

    The South Africa Reserve Bank (SARB)’s Prudential Authority has issued a guidance note to banks f...

    SARB Issues Guidance to Discourage the Termination of Crypto Transactions in Banks Explore More

    News

    Wealthy Americans Targeted by U.S. in Panama Tax-fraud Probe

    Financial authorities in the US obtained a legal mandate to acquire information about wealthy cit...

    Wealthy Americans Targeted by U.S. in Panama Tax-fraud Probe Explore More

    News

    NCA Seizes Gold Bars Worth £650,000 from Money Laundering Network

    The National Crime Agency has found a forfeiture order for 15 gold bars that are worth £650,000. ...

    NCA Seizes Gold Bars Worth £650,000 from Money Laundering Network Explore More

    News

    Aussies Bombarded With Scams in 2022 – ACCC Report

    The Australian Competition and Consumer Commission (ACCC) reported Aussies as the top target of s...

    Aussies Bombarded With Scams in 2022 – ACCC Report Explore More

    News

    FCA Emphasises on Companies to Invest in Compliance Program

    The U.K’s financial crime investigation agency is now taking steps that will involve the companie...

    FCA Emphasises on Companies to Invest in Compliance Program Explore More

    News

    Over Dh3 billion Confiscated from Firms violating AML Laws in UAE

    The UAE has plans to take a strict stance on firms operating in the region over money laundering ...

    Over Dh3 billion Confiscated from Firms violating AML Laws in UAE Explore More

    News

    Cambodia Seeks Exit from FATF Grey List in Early 2023

    Cambodia has finally invited the Financial Action Task Force (FATF) to evaluate its progress in f...

    Cambodia Seeks Exit from FATF Grey List in Early 2023 Explore More

    News

    Pandemic Fraud Crackdown: US Bank Employees Indicted Over Document Fraud

    Bank employees and tax preparers fraudulently applied for $3M+ in pandemic relief loans through f...

    Pandemic Fraud Crackdown: US Bank Employees Indicted Over Document Fraud Explore More

    News

    FMA Blacklists Krypto Security, Bay Exchange, and CTRL Investments Limited

    New Zealand’s FMA has warned investors against services and products being offered by unauthorize...

    FMA Blacklists Krypto Security, Bay Exchange, and CTRL Investments Limited Explore More

    News

    Philippine Plans to Introduce New Regulations on Beneficial Ownership

    The Securities and Exchange Commission in Philippine has laid out new regulations that require tr...

    Philippine Plans to Introduce New Regulations on Beneficial Ownership Explore More

    News

    UAE Central Bank Imposes Dh352k Fine on Currency Exchange

    The Central Bank of the UAE has fined an exchange house with a total of Dh352,000 for shortcoming...

    UAE Central Bank Imposes Dh352k Fine on Currency Exchange Explore More

    News

    China Tackles Money Laundering in Wild Species Trade

    China’s Wildlife Protection Department, TRAFFIC organised training sessions for the anti-money la...

    China Tackles Money Laundering in Wild Species Trade Explore More

    News

    FinCEN Fines Puerto Rican Bank, Bancrédito, $15 Million on BSA Violation

    Puerto Rican bank, Bancrédito, was fined $15 million by the Financial Crimes Enforcement Network ...

    FinCEN Fines Puerto Rican Bank, Bancrédito, $15 Million on BSA Violation Explore More

    News

    Mimecast reports a 26.3% increase in spams and opportunist cybercrimes during the first 100 days of COVID-19

    With the current pandemic going on, cybercriminals are taking advantage of the situation escalati...

    Mimecast reports a 26.3% increase in spams and opportunist cybercrimes during the first 100 days of COVID-19 Explore More

    News

    USD 10.4 Billion Paid by Financial Groups in 2020 in Regulatory Fines

    Know Your Customer and Anti-money Laundering non-compliance penalties rose 26% this year. Many pr...

    USD 10.4 Billion Paid by Financial Groups in 2020 in Regulatory Fines Explore More

    News

    FCMC Fines AS PrivatBank Worth €768K for AML Non-Compliance

    The FCMC fined PrivatBank for AML/CTPF compliance breaches and instructed the bank to address its...

    FCMC Fines AS PrivatBank Worth €768K for AML Non-Compliance Explore More

    News

    EU Parliament to Consider Black-Listing Switzerland After Credit Suisse Leaks

    The European Parliament’s main political group called for a review of Switzerland’s banking pract...

    EU Parliament to Consider Black-Listing Switzerland After Credit Suisse Leaks Explore More

    Take the next steps to better security.

    Contact us

    Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

    Contact us

    Request demo

    Get free access to our platform and try our products today.

    Get started
    OSZAR »