Podcasts about identitymind

Acuant Chief Revenue Officer Steve Maloney and Chief Product Officer Jose Caldera join State of Identity to discuss Acuant's recent merger with IdentityMind, why they feel this is a powerful union to solve for identity today, and the growing need for complete identity lifecycle management across industries from financial services to healthcare. Host:Cameron D’Ambrosi:  Principal, OWI Linkedin Twitter Guest:Steve Maloney: Chief Revenue Officer, Acuant Linkedin Jose Caldera: Chief Product Officer, Acuant Linkedin Links:State of Identity Listener Survey Acuant

Acuant Chief Revenue Officer Steve Maloney and Chief Product Officer Jose Caldera join State of Identity to discuss Acuant's recent merger with IdentityMind, why they feel this is a powerful union to solve for identity today, and the growing need for complete identity lifecycle management across industries from financial services to healthcare.

When a payment service provider works with a customer, there are always precautions needed. Jose Caldera, Chief Products Officer, Acuant (formally IdentityMind), knows the key to mitigating risks for the payment service provider is to enable risk assessment solutions at the start of the onboarding process. Some companies operate in high-risk environments, and other companies may deal with money lending or other money services. A payment service provider needs to assess any situation where a business provides a service with a high fraud risk attached. “As a payment service provider that has to offer services and onboard these clients, you have to look at the types and dimensions of risks associated with them,” Caldera said. With evolving processes and technology, the underwriting process of onboarding clients has also transformed. “There is a new world of payment-providing services that don't necessarily follow the same underwriting practices that have historically been part of this market,” Caldera said. With the added complexity of today's customer needs, government regulations require more stringent protocols for payment service providers to follow when underwriting and onboarding clients. “When a payment service provider is looking at a business, they're also looking at the structure of that business and making sure that business is not behaving like a shell company or cleaning illicit money,” Caldera said. The added levels of scrutiny and examination required for assessing today's businesses need new technology to do this type of review in real-time.

This is your daily roundup for Monday, September 23, 2019.  Facebook reveals the Libra basket breakdown, Binance US opens trading, and Matter Labs raises $2 million to research Zero-Knowledge Proofs for scaling ethereum. ☕ Buy Me A Coffee: https://glow.fm/mota Facebook Reveals Libra Basket Breakdown Facebook has revealed the percentage breakdown of a basket of global currencies that will back its Libra cryptocurrency. German newspaper Der Spiegel has reported that Facebook revealed the percentage breakdown in a letter to German legislator Fabio De Masi. Since the start, Facebook has assured that 50 percent of the basket would be backed by the US dollar. The remaining portion will consist of 18 percent euro, 14 percent yen, 11 percent British pound and seven percent Singapore dollar. The Chinese yuan will not be included in the basket as there are many concerns over the tense trade relationship between the US and China. China views the currency as a direct threat and is developing its own central bank digital currency (CBDC) to meet the challenge posed by Libra. Bitcoin Mining Is Surging MicroBT, the manufacturer of the WhatsMiner bitcoin miner says it has delivered more than 100,000 units this quarter. The WhatsMiner M20 series is priced at between $1,500 to $2,000, generating several hundred million dollars in revenue for MicroBT. The Bitcoin hash rate jumped about 60 percent is the last 4 months. Yang Zuoxing, founder and CEO of MicroBT believes that the total bitcoin network hashrate could increase by another 30 percent by the end of the year. Yang also addressed concerns about some orders being delayed, and explained the holdup was due to a delay from its chip supplier Samsung, as the rapid development of the 5G network has increased demand for the chips. Binance US Opens Trading Binance US is opening trading this week for fiat-to-crypto and crypto-to-crypto trades. Binance US has added BNB coin and announced its plans to open deposits for cardano, basic attention token, ethereum classic, stellar lumens, and 0x. Binance says it will continue to roll out additional cryptocurrencies that meet U.S. regulations and compliance standards based on its Digital Asset Risk Assessment Framework. Users for the new exchange will receive a $15 referral bonus until Nov. 1st. Binance US has partnered with software provider Chainalysis and KYC/AML tool provider IdentityMind to strengthen its compliance practices. Binance’s US stablecoin BUSD is yet to be listed on the exchange. Zero-Knowledge Proofs To Scale Ethereum Matter Labs has raised a $2 million seed round led by Placeholder VC to develop a new scaling initiative for ethereum. Investors include 1kx, Dekrypt, Hashed and Dragonfly Capital Partners. Matter Labs is leveraging Zero-Knowledge Proofs (ZKPs) as a scaling solution for Ethereum. The startup has a prototype available, but is still working on a new minimum viable product. Bakkt Off To A Slow Start Bakkt bitcoin futures are off to a slow start on its first day of trading. The first Bakkt futures contract was executed at a price of $10,115. 71 monthly contracts were traded for the first day. The first daily bitcoin contract was traded 18 hours after Bakkt went live, at a price of $9,975.00.

#CryptoCorner: OKEx Developing Blockchain, Binance Partners with IdentityMind for Compliance and Data Security and Bing (NASDAQ: MSFT) Blocked 5 Million Crypto Ads in 2018

#CryptoCorner: OKEx Developing Blockchain, Binance Partners with IdentityMind for Compliance and Data Security and Bing (NASDAQ: MSFT) Blocked 5 Million Crypto Ads in 2018

— Singapore-based crypto exchange DragonEx has been hacked — Wuabit will reportedly introduce crypto payments to Telegram and WhatsApp in April — Bitmain fails to go public on the Hong Kong Stock Exchange — Binance work with IdentityMind on tightening compliance and data security — Twitch removes crypto payments for subscribers — Cardano continues to march on as Bitcoin struggles to break resistance

IdentityMind provides software to various financial institutions, money transmitters and money service organizations, including Bitcoin exchanges. The purpose of the software is to help companies meet Anti-Money Laundering (AML) and Know Your Customer (KYC) government requirements. Most recently, IdentityMind has begun to put more focus on Initial Coin Offerings (ICO) and Security Token Offerings (STO). In order to be successful and go the distance to fund a business or purpose, ICOs and token sales must meet all government requirements and comply with all money laundering rules and regulations. It can be a daunting task for anyone, especially when you should be focusing on the ICO itself. IdentityMind's latest plug-in software is where the solution may be. Their digital currency, regulatory, and risk management experience, can take the regulatory work off your plate. The plug-in operates a system of checks and balances preventing your ICO from running in countries you are not allowed to, or perhaps wouldn't want to, do business. It also provides a turnkey SaaS solution that performs a KYC and AML checks on prospective ICO participants and ensures you are government needs in most countries. For more information, please visit: https://identitymindglobal.com/

This week, Michael and Paul interview Joe Kay, Founder & CEO of Enswarm! In the Tracking Security Information segment, IdentityMind Global rasied $10M, DataVisor raised $40M, & Infocyte raised $5.2M! Last but not least, our second feature interview with Sean D'Souza, author of The Brain Audit! All that and more, on this episode of Business Security Weekly! Full Show Notes: https://wiki.securityweekly.com/BSWEpisode74   Visit https://www.securityweekly.com/bsw for all the latest episodes!

This week, Michael and Paul interview Joe Kay, Founder & CEO of Enswarm! In the Tracking Security Information segment, IdentityMind Global rasied $10M, DataVisor raised $40M, & Infocyte raised $5.2M! Last but not least, our second feature interview with Sean D'Souza, author of The Brain Audit! All that and more, on this episode of Business Security Weekly! Full Show Notes: https://wiki.securityweekly.com/BSWEpisode74   Visit https://www.securityweekly.com/bsw for all the latest episodes!

IdentityMind provides back-end software to 25 cryptocurrency exchanges that helps them meet various government standards for anti-money laundering (AML) and Know Your Customer (KYC) requirements. This reduces the risk of fraud and identity theft on exchanges, which is a huge concern–if an exchange is hacked, the hacker can get large amounts of money, anywhere in the world, and no one will know who you are. The IdentityMind software can share meta data with all of the exchanges that use it, so a successful customer onboarding on one exchange can be shared with all the rest. The key to reducing the risk to exchanges lies in customer onboarding, by creating a tiered classification of the risk that each customer poses, with different validation techniques for each tier. All of this is done on the back-end, so that customers of each exchange doesn't necessarily know that it is taking place. IdentityMind is also working on a software plug-in that can validate customers against AML/KYC regulations worldwide, depending on where they and the exchange are located.   For more information, visit www.identitymindglobal.com.

IdentityMind Global Company Demo