Tag: KYC
I Wrote a Global KYC Standard That Regulators Will Review; Does That Seem Strange to You?
A new know-your-customer code of conduct for bulk voice and messaging has been approved and published by the i3Forum. Next comes One Consortium and the regulators in GIRAF.
INTERPOL Warns of Scam Compounds Spreading to Middle East, West Africa and Central America
The people forced to work in scam compounds have been trafficked from 66 different countries and from every continent.
Prominent Industry Figures Criticize ‘Regulatory Capture’ by Biggest US Telcos
The US consumer protection strategy is an impenetrable catastrophe. Much of the problem stems from the handsome rewards paid to people who spread misinformation.
‘Wrongful’ Proposed $4.5mn Robocall Fine Slammed by Telnyx CEO; Vows to Fight over KYC
Employees of the US Federal Communications Commission (FCC) received scam calls that claimed to be from the FCC's Fraud Prevention Team.
Consistent KYC Is Vital for Consumer Protection
Please read and copy the draft know-your-customer code of conduct that I submitted to the i3Forum.
Self-Regulation Has Failed: Three Reasons to Bring Commsrisk Back
Commsrisk returns with three missions that are simple, cheap and realistic but which demand urgency.
Registries, Timezones, Molehills and a Man Named Bhavesh: How Silos Give Scammers an Advantage
This week we examine how regulators are creating or overcoming barriers to cooperation via news from Australia, the UK and the USA.
US Experience Proves You Cannot Authenticate Calls Without Authenticating Customers First
The FCC says it wants KYC but refuses to say what that means in practice.
What Happened Whilst Commsrisk Was Away?
A clever innovation that will reduce smishing in India, a potentially huge development in the way China will tackle Asian scam compounds, another US robocall failure dressed up as success, and an arrest with serious implications in France.
If STIR/SHAKEN Prevents Spoofing Then Why Is the FCC Fining a Telco for Using STIR/SHAKEN to Spoof Calls?
SHAKEN tells you who signed the call, not if other data is trustworthy.
Clear and Present Danger of Mobile Money Fueling Terrorism
The Reserve Bank of Mozambique is imposing limits on transactions and balances for mobile money accounts.
Cloud Comms Association Makes KYC Commitment
The Cloud Communications Alliance (CCA) has published guidance about know-your-customer processes. Members who pledge to comply will receive a special designation.
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The Commsrisk Global Fraud Dashboard
Our Global Fraud Dashboard uses AI-powered search to collate, update and visualize data about scams and other network abuses from around the world. New charts are added each month. See it here.
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