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The future of banking security: how AI is transforming fraud detection in banking

Voice of the Industry | Digital Identity, Security & Online Fraud | 14 Nov 2023

In this article, Claire Deprez Pipon, an expert at Worldine, highlights the new types of fraud and the emergence of Artificial Intelligence as an effective tool for fraud prevention. 

banking, artificial intelligence, fraud detection, PSD2, fraud prevention, Card-not-present fraud, SCA, financial institutions, banks, transactions

GBG unites Acuant and IDology

News | Digital Identity, Security & Online Fraud | 07 Apr 2022

UK-based fraud prevention GBG has announced the unification of Acuant and IDology, and the focus on developing global products.

fraud prevention, partnership, identity verification, digital identity, risk management

IDology's study reveals US' view on identity, digital account opening, and fraud

News | Digital Identity, Security & Online Fraud | 17 Jul 2020

New research from IDology, a GBG Company, has revealed how consumers view identity, digital account opening, and fraud. 

IDology, US, identity, digital account opening, fraud, identity verification, abandonment rate, online account, checkouts, card payments

Balancing UX with strong identity verification processes, crucial for businesses

News | Digital Identity, Security & Online Fraud | 28 Oct 2019

IDology has released a new fraud report revealing the critical need for businesses to balance the digital consumer experience with strong identity verification processes.

IDology, fraud report, consumer trust, synthetic ID, fraud threats, data breaches, security, synthetic identity fraud

IDology adds address intelligence data to its identity verification platform, ExpectID

News | Digital Identity, Security & Online Fraud | 05 Oct 2019

IDology has announced that identity verification and anti-fraud platform ExpectID will integrate address verification intelligence from Loqate.

IDology, address intelligence data, Flagship Identity Verification, ExpectID, verification, transactions , customer data, security

83 mln US consumers abandon online enrollment due to friction

News | Digital Identity, Security & Online Fraud | 15 May 2019

New research from IDology has revealed that in the last 12 months approximately 83 million consumers abandoned online enrollment due to additional effort or friction.

IDology, study, report, security, identity verification, digital identity

Kony DBX, IDology team up for authentication and identity verification services

News | Digital Identity, Security & Online Fraud | 25 Apr 2019

Kony and IDology have inked an agreement to integrate IDology’s identity verification and authentication services to Kony DBX digital banking solutions.

Kony DBX, IDology, partnership, authentication, identity verification, digital banking, compliance, regulations, North America, fraud, credit union, KYC, AML, fraudulent transactions, scams, banks, financial institutions

Mergers & Acquisitions in the payments industry: a quarterly roundup

Voice of the Industry | Expert Opinion | 10 Apr 2019

The Paypers presents an overview of the most important mergers and acquisitions from the Q1 of 2019

mergers, acquisitions, First Data, Fiserv, FIS, WorldPay, PSPs, ecommerce, fraud management

58 percent of businesses experienced an overall increase in fraud, IDology finds

News | Digital Identity, Security & Online Fraud | 12 Mar 2019

An IDology report has found that chronic data breaches lead to increased fraud threats, with 58% of businesses experiencing an overall increase in fraud.

IDology, survey, report, fraud, identity theft, mobile fraud

GBG acquires IDology for USD 300 mln

News | Digital Identity, Security & Online Fraud | 12 Feb 2019

GBG has conditionally agreed to acquire the entire issued share capital of IDology, for USD 300 million in an all-cash transaction.

GBG, IDology, acquisition, identity verification, digital identity, onboarding

Surge in mobile fraud and phishing, IDology fraud report finds

News | Digital Identity, Security & Online Fraud | 23 Oct 2018

The prevalence of mobile fraud surged dramatically in 2018, increasing 117% over the previous year, according to IDology’s Sixth Annual Fraud Report.

IDology, mobile fraud, survey, fraud prevention, phishing, digital identity, identity verification, online authentication, banks, payments

IDology study reveals impact on data breaches

News | Digital Identity, Security & Online Fraud | 06 Jun 2018

The IDology Consumer Digital Identity Study has revealed the impact of major data breaches and related headlines on consumer perceptions and preferences.

IDology, data breaches, report, survey, consumers, US, security, digital identity

Report shows increased fraud attempts in 2017 for 2/3 of businesses

News | Digital Identity, Security & Online Fraud | 16 Nov 2017

Businesses across industries are experiencing more sophisticated fraud attempts across multiple customer-not-present channels, according to a report from IDology.

IDology, synthetic identity fraud, SIF, data breaches, fraud prevention, report, identity verification, online security

ThreatMetrix platform adds IDologys identity verification solution

News | Digital Identity, Security & Online Fraud | 20 Sep 2017

IDology has joined the ThreatMetrix Connect program by integrating the ExpectID identity verification solution into the ThreatMetrix fraud, identity and authentication platform.

IDology, ThreatMetrix Connect, ThreatMetrix ID, ThreatMetrix, ExpectID, identity verification, partnership, US, online security, digital identity

IDology to provide authentication security for contact centres

News | Digital Identity, Security & Online Fraud | 29 Jun 2017

IDology has announced ExpectID Call Verification, a new addition to its platform, designed to protect contact centres against growing fraud threats.

authentication, security, identity verification, IDology, ExpectID Call Verification, fraud prevention

IDology adds two digital authentication solutions to its platform

News | Digital Identity, Security & Online Fraud | 28 Apr 2017

IDology has announced the addition of two digital authentication solutions to its platform seeking to boost for mobile commerce.

authentication, security, product launch, mobile commerce, IDology, ID verification, ExpectID Mobile Authentication, ExpectID Secure SMS

WeCareCard joins forces with IDology for fraud solutions

News | Digital Identity, Security & Online Fraud | 06 Nov 2014

IDology, a provider of identity verification and fraud prevention solutions has entered a partnership with WeCareCard, an online fundraising platform.

WeCareCard, IDology, fraud solutions, identity verification, fraud prevention, digital identity, online security

Retailers are expected to miss out on up to USD 8.6 billion in m-commerce

News | Ecommerce | 22 Oct 2014

Jumio, a US-based online and mobile payments and credentials management company, has released a mobile commerce analysis.

Jumio, retailers, m-commerce, ecommerce, US, checkout friction, online security

IDology, Jumio in strategic digital identity deal

News | Digital Identity, Security & Online Fraud | 28 Aug 2014

Jumio, a US-based online and mobile payments and credentials management company, has entered a partnership with IDology, a provider of digital identity and age verification solutions.

IDology, Jumio, ExpectID, digital identity, Netverify, online, mobile, payments , web fraud

IDology expands ExpectID global reach to Mexico, launches new anti-fraud solution

News | Digital Identity, Security & Online Fraud | 17 Jul 2014

IDology, a provider of identity and age verification solutions, has expanded the ExpectID Global solution to include identity and age verifications for Mexico.

IDology, ExpectID, global reach, anti-fraud solution, ExpectID Global GeoTrace