Melissa UK's knowledge Center

Anti Money Laundering

The 3 Stages of Money Laundering

The process of disguising the origins of illicitly obtained money, making it appear as though it comes from a legitimate source.

identity theft

What is Online Identity Theft?

Online identity theft is the unauthorised acquisition and use of someone’s personal information through digital means.

know your customer (KYC)

What is a Customer Risk Assessment

A customer risk assessment systematically evaluates potential risks for businesses and financial institutions when engaging with customers.

Biometrics

What is Biometric Authentication?

Biometric authentication is a security process that verifies an individual's identity based on their unique biological characteristics.

Digital Identity Verification

What is Identity Proofing?

Identity proofing is the process of verifying that a person is who they claim to be. It is a critical step in security and authentication systems.

Onboarding

ID Verification & Employee Onboarding

Electronic ID verification services play a crucial role in modern employee onboarding processes by streamlining and enhancing the verification of new...

health care industry

How to Ensure Data Quality in Healthcare

In the healthcare sector, DQ is crucial as it impacts patient care, decision-making processes, research outcomes, and overall organisational...

electronic ID verification

What is Machine-Readable Zone (MRZ)?

MRZ is a portion of a passport, visa, or other travel document that printed in a format that can be easily read by machine scanners.

Identity Checks

How to Prevent Account Takeover

Account takeover (ATO) is a cybersecurity attack where an unauthorised individual gains access to a user's online account without their permission.

know your customer (KYC)

What is Beneficial Owner?

A beneficial owner is an individual or entity that ultimately enjoys the benefits of owning an asset.

know your customer (KYC)

What is Regulatory Compliance?

Regulatory compliance refers to the process by which organisations adhere to laws, regulations, guidelines, and standards set by government...

know your customer (KYC)

What is Synthetic Fraud?

Synthetic identity fraud is a type of fraud in which criminals create fake identities by combining real and fictitious information.