Loading...
Going to #IBCShow in Amsterdam? Schedule an on-site meeting with us   Book a meeting

FATF Guidance on Digital Identity – White Paper

Home / FATF Guidance on Digital Identity – White Paper

Understanding the Role of Advanced Geolocation Technology to Combat Cybercrime

Download this white paper to learn:

How FATF has recognized and documented that geolocation data is a necessary part of digital identity and know your customer (KYC) verification.

Despite the availability of highly accurate and valuable location data from digital users and their devices, few financial services providers have upgraded their systems to process anything more than an IP address.

Some regulated markets have already deemed IP geolocation data as not acceptable due to its limitations in accuracy and its vulnerability to “spoofing” by VPN’s and other methods. These markets have significantly reduced card-not-present and synthetic account fraud by 90%.

How GeoGuard’s solutions can provide accurate and unaltered geolocation data for more effective, accurate and true digital ID verification

You will also find the link to full FATF Guidance on Digital Identity included in this white paper.

About GeoGuard

At GeoGuard, we focus solely on geolocation-based security, location fraud detection and the protection of digital content. As the independently-rated market leader for VPN and Proxy detection, we help a wide range of industries (streaming video broadcasters, content rightsholders, banks and payment processors, cryptocurrency exchanges, etc.) guard against geo-piracy and location-based fraud. GeoGuard provides a suite of geo-filtering and fraud detection solutions, combined with human intelligence, to stop internet users from spoofing their location.

GeoGuard’s solutions are based on the award-winning geolocation compliance and geo-protection technologies that its parent company GeoComply developed for the highly-regulated and complex digital gaming industry. Our software is installed in over 300 million devices worldwide, putting GeoGuard in a uniquely powerful position to identify and counter both the current and newly emerging geolocation fraud threats.

With GeoGuard, fraud has no place to hide.