eIDAS and KYC - Facts and Impact

Completely electronic means of identification and authentication are rapidly improving the way companies can offer services to customers digitally.

Read more

eIDAS - Enabling Banking Without Borders


The European Single Market has made it possible for large companies and small businesses to freely access one of the biggest unified markets in the world.

Read more

Harmonizing digitally signed data between Russia and the EU - a Russian Perspective

This article discusses why cryptographically protected data exchange between the EU and Russia (and other countries) is still difficult to implement.

Read more

Why Remote Signing Solutions Offer Superior Security than Keys Generated in the Browser

The recent article published by Ebbe Skak Larsen, KMD (hereafter "the Article") on hacking signatures from signature servers, describes a simplified setup of a remote signature (RS) solution and mounts an attack on that. The article then concludes that the only mitigation to the attack is to strengthen the script in the browser using obfuscation techniques.

Read more

Blending eIDAS and AML to fight against money laundering and terror funding

"Cutting off the funds " is one of the most effective weapons in the arsenal of authorities trying to deal with terrorists and other organized criminals. The international nature of such criminal organizations forces them to move money between various countries and requires international transfers and currency swaps.

Read more

Using 3D-Secure and Device Fingerprints for EMV Payments Against CNP Fraud

Credit cardholders are generally protected from liability if unauthorized transactions are made with their credit cards because of consumer protection laws and card policies. This leaves merchants and financial institutions on the hook for losses related to credit card fraud. According to an October 2016 Nilson Report, card issuers were burdened with 72 percent of fraudulent losses in 2015 while merchants were left with 28 percent of the losses.

Read more

Electronic transactions based on the federation of electronic identification systems - a Polish perspective

The growth of electronic identification systems has been different for each European country during the past several years. European countries have different eID solutions based on whether the issuer is a government or a private eID provider. This article discusses the Federation of eID providers in Poland, which has become the national identification scheme. 

Read more

Electronic Signatures for Banking Operations in Russia - a benchmark with eIDAS

To read the Russian version of this article: Электронная подпись и ее применение в России

This article examines the use of cryptographic means for information security, and in particular, the electronic signature. It focuses on the use of electronic security signatures (ESS) in various sectors, including the domestic use of cryptographic algorithms and requirements of the Federal Security Service of Russia (FSB) for hardware and software.

Read more

The Consumer Financial Services Action Plan - Opportunities for the Banks

Complying with customer due diligence and KYC norms is perhaps the most important and time consuming aspect of initiating a new banking relationship. Yes, it is important to cover the credit risk, but the consequences of failing on the KYC or AML (Anti-Money Laundering) front are far more severe. This is the primary reason why many banks are spending billions annually on performing customer due diligence the old fashioned way. New EU guidelines and the tools that they provide aim to change just that.

Read more