Using Mobile Device Intelligence to Reduce Financial Crime Risk
The cost of fraud for the United Kingdom is over £190 billion per year, according to the National Crime Agency’s latest data. Cybercrime has also reached record-setting levels as online services increased during pandemic lockdowns over recent years. British residents are more likely to experience cybercrime than any other criminal activity. The U.K. has even been […]
Online age verification – why legislation isn’t the answer and better security is.
By Fergal Parkinson, Co-founder and Director of TMT Analysis Teenagers have been lying about their age for decades: to get served in bars, to get into clubs, in earlier times even to be allowed to join up with armies to fight in wars. Even today, there’s still a lively trade, I understand, among 16 and […]
Why Older Customers Are Not The ‘Easy Targets’ Scammers Think
By Fergal Parkinson, Co-founder and Director of TMT Analysis There’s a curious mutual awareness between fraudsters and their victims. The scam merchants know that the older their intended victim, the more susceptible they may be to falling for a carefully-constructed confidence trick – whether that’s revealing their account details believing they’re talking to their own […]
Why are so many UK Fintech customers concerned about security?
By Fergal Parkinson, Co-founder and Director of TMT Analysis The fintech sector in the UK is surging, attracting investment on an unprecedented scale and hailed for its innovation and vision. Last year’s government-led review of UK Fintech by Sir Ron Kalifa was an official endorsement of an industry described as both world leading and a […]
How To Spot Mobile Account Fraud
By Fergal Parkinson We’ve all seen them in multiple variations for years. My uncle has a diamond mine – the original and the greatest. We tried to deliver your parcel (even though you weren’t expecting one) Contact us to arrange the unlocking of your tax rebate. Yeah, right. The fraudsters simply never let up. But […]
Why Elon’s problem with Twitter can be a problem for all of us
By Fergal Parkinson, Co-founder and Director of TMT Analysis The world’s richest man has a few problems on his plate of late. It emerged this month that a senior executive at one of his companies had given birth to twins – of whom Elon Musk is reportedly the father. And at almost the same time, […]
The problem of Flash Calls
By Lucian Gheorghe, CTO at TMT Analysis. As part of my job at TMT Analysis I often discuss with customers about problems they are experiencing. More and more one of the problems that has been coming up more frequently is the issue of ‘Flash Calls’. What Are Flash Calls? In a nutshell, a Flash Call […]
How Mobile Device Intelligence Can Improve Digital Onboarding
As mobile users continue to expand the range of products and services they’re willing to access via their device, they also become more familiar with facing the different elements associated with completing a digital onboarding process. That said, there’s still no excuse for online focused businesses to be making this process more drawn out for […]
The importance of KYC in Financial Services
What is KYC and how can it help the financial sector? KYC technology stands for ‘Know Your Customer.’ KYC is an online security process whereby organisations gather information on the identity of their customers, ensuring government regulations around financial services aren’t being misused or breached. The ultimate objective of KYC in financial services is to […]
Customer Verification for Financial Institutions Using Mobile Numbers
The meaning of KYC is ‘Know Your Customer’. It’s the process of a business verifying the identity of its customers. KYC is most often used in financial services, and it has been around since 1882. We will highlight the benefits of mobile number and mobile device intelligence to use for verification for financial institutions. In […]
