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Modern online fraud prevention requires a shift in focus from identity to intent

Voice of the Industry | Digital Identity, Security & Online Fraud | 22 Mar 2024

Alisdair Faulkner, CEO at Darwinium, discusses the change in the threat landscape and what payments professionals need to know to efficiently fight fraud.


fraud management, fraud detection, online fraud, identity fraud, cybercrime, cybersecurity, behavioural biometrics, biometrics, biometric authentication, deep fake, artificial intelligence, transactions , transaction fraud, generative AI, APP fraud

Yoti raises GBP 12.5 million funding from HSBC

News | Digital Identity, Security & Online Fraud | 11 Jan 2024

UK-based digital identity company Yoti has announced that it received GBP 12.5 million in debt funding from HSBC and GBP 7.5 million from existing shareholders. 

funding, investment, identity verification, digital identity, fraud prevention

Worldcoin adds integrations with Minecraft, Reddit, and more

News | Digital Identity, Security & Online Fraud | 14 Dec 2023

Worldcoin has announced it now supports integrations for its World ID with Minecraft, Reddit, Telegram, Shopify, and Mercado Libre. 

biometrics, online security, cryptocurrency, artificial intelligence, identity verification, blockchain

IDEMIA expands partnership with INTERPOL

News | Digital Identity, Security & Online Fraud | 04 Dec 2023

Identity tech and biometric solution provider IDEMIA has expanded its partnership with INTERPOL, providing an enhanced Multibiometric Identification System to support its 196 member countries.

partnership, biometrics, identity verification, behavioural biometrics, cybersecurity, cybercrime, fraud detection, fraud prevention

American Express partners with Amazon

News | Payments General | 22 Nov 2023

American Express has announced its partnership with Amazon in order to allow eligible cardholders with cash-back cards to spend their Reward Dollars in Amazon.

partnership, payments , online payments, digital payments, mobile payments, ecommerce

Innovation in payment technology: new use cases for biometric

Voice of the Industry | Online Payments | 06 Nov 2023

David True, Commercial Director for New York at Payments Consulting Network, delves into the subject of innovation in payments by discussing the use cases for biometric payments.

payment methods, ecommerce, biometrics, online payments, ATM, cross-border payments, cryptocurrency, financial inclusion, P2P payments, cashless

The impact of artificial intelligence and machine learning on the payments industry

Voice of the Industry | Online Payments | 03 Nov 2023

Tue To, Head of Advanced Payments and Fintech for North America at Edgar, Dunn & Company, elaborates on the impact of AI and ML on the payments industry.

payments , mobile payments, digital wallet, artificial intelligence, machine learning, banks, fintech, financial institutions, KYC, fraud detection, fraud prevention, risk management, customer experience

American Express to pilot biometric authorisation for online payments

News | Digital Identity, Security & Online Fraud | 09 Oct 2023

American Express has announced its plans to pilot facial and fingerprint recognition technologies for user authentication at online checkouts in the US.

product launch, fraud management, fraud prevention, biometrics, biometric authentication, identity theft, identity verification, identity fraud, fraud detection

SC Ventures launches audax Financial Technology

News | Online & Mobile Banking | 22 Sep 2023

SC Ventures, the fintech investment and ventures arm of Standard Chartered, has launched audax Financial Technology, a digital banking technology solutions provider.

banking, fintech, digital banking, BaaS, financial services, financial institutions

Marygold & Co partners with Sardine and Incode

News | Digital Identity, Security & Online Fraud | 13 Sep 2023

US-based Marygold & Co has partnered with fraud prevention and compliance software company Sardine and its partner Incode.

partnership, fraud prevention, compliance, fraud management

FICO and LigaData join forces

News | Online & Mobile Banking | 28 Aug 2023

Global analytics software provider, FICO, has partnered with LigaData aiming to bring advanced decision management and optimisation tools to telecommunications firms in Africa, the Middle East and Asia.

partnership, artificial intelligence, financial inclusion, machine learning, data analytics

Are digital IDs the future of user verification?

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

Vicky Bindra, Chief Operations and Product Officer at Nuvei, discusses the future of digital IDs and how understanding their full potential can help organisations enhance privacy, security, and user experience.

digital identity, identity theft, identity verification, online fraud, fraud detection, identity fraud, biometrics, biometric authentication, merchants, artificial intelligence, machine learning, online security, cybersecurity, online authentication, two-factor authentication, multi-factor authentication, PSD2, 3-D Secure, SCA, API

iDenfy and AlaiseData to secure KYC compliance in the tech sector

News | Digital Identity, Security & Online Fraud | 30 Jun 2023

Lithuania-based fraud management service provider iDenfy has partnered with Germany-based development company AlaiseData to establish KYC compliance. 

partnership, identity verification, artificial intelligence, biometrics, cybersecurity, KYC, machine learning, fraud prevention, fraud detection, identity fraud, digital identity, eKYC

The converging relationship between big tech companies and traditional banks

Voice of the Industry | Payments General | 20 Jun 2023

Fraser Whitelaw, Consultant at Be | Shaping the Future UK, elaborates on how tech companies have been changing the way traditional banks do business.

artificial intelligence, blockchain, biometrics, cross-border payments, FX , digital wallet, BNPL, merchants, P2P payments

Younited joins forces with Tink

News | Online & Mobile Banking | 26 Apr 2023

Younited, an instant credit provider, has joined forces with Tink, a Europe-based Open Banking platform, for accurate affordability assessments.

partnership, Open Banking, data, financial data, artificial intelligence

Amazon faces lawsuit over alleged biometric tracking

News | Digital Identity, Security & Online Fraud | 20 Mar 2023

US-based multinational technology company Amazon has faced a lawsuit over alleged biometric tracking on the Go stores based in New York City.

regulation, compliance, biometrics, biometric authentication, digital verification, identity verification

HID signs MoU with iPassport

News | Digital Identity, Security & Online Fraud | 13 Mar 2023

Identity solutions company HID has signed a memorandum of understanding (MoU) with iPassport to launch an identity verification solution for the transportation industry.

partnership, product launch, identity verification, biometrics, artificial intelligence, compliance, data privacy, digital identity, fraud prevention, facial recognition, customer experience, platform, fintech, cybersecurity

Binance partners Ingenico to support global crypto adoption

News | Cryptocurrencies | 24 Feb 2023

Cryptocurrency exchange Binance has partnered with France-based paytech Ingenico to enable in-store payments in France.

partnership, digital payments, cryptocurrency, cryptocurrency exchange

Mobile commerce fraud: a twisting hydra

Voice of the Industry | Digital Identity, Security & Online Fraud | 21 Feb 2023

Jumaane Hutchinson, Head of Product for Mobile Wallet and Banking at Netcetera, goes through the most common types of mobile commerce fraud and advises on how merchants can improve their fraud prevention techniques, ahead of the holiday season.

fraud prevention, ecommerce, chargebacks, merchants, tokenization, cybercrime

Why ecommerce is more vulnerable to fraud during economic restrains

Voice of the Industry | Digital Identity, Security & Online Fraud | 16 Feb 2023

The ecommerce sector is set to reach over USD 8 trillion by 2026, which makes both domestic and cross-border ecommerce more susceptible to fraud. Darryl Green, Executive Chairman at CAF tackles the reason behind this sector is more vulnerable to fraudsters, amid the latest global economic restrains.

fraud prevention, ecommerce, cross-border ecommerce, merchants, payment fraud, digitalisation