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Find here all the latest articles, news, and research on Identity Fraud and other Identity Fraud-related topics:

Find here all the latest articles, news, and research on Identity Fraud and other Identity Fraud-related topics:

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LSEG partners with IDVerse to fight digital deception in customer onboarding

News | Digital Identity, Security & Online Fraud | 13 Nov 2024

The London Stock Exchange Group has announced its partnership with IDVerse in order to scale global coverage and fight digital deception in customer onboarding. 

partnership, fraud management, identity verification, identity fraud

TransUnion identifies a rise in digital fraud in financial services in Hong Kong

News | Digital Identity, Security & Online Fraud | 31 Oct 2024

TransUnion has reported a significant rise in digital fraud in financial services from Hong Kong, where Gen Z and Millennials are the most targeted generations.

fraud management, fraud detection, fraud prevention, identity fraud, digital fraud

Socure acquires Effectiv for USD 136 million

News | Digital Identity, Security & Online Fraud | 25 Oct 2024

AI and digital identity verification provider Socure has signed its agreement to acquire Effectiv, a real-time risk decisioning firm, for USD 136 million.

acquisition, fraud management, fraud detection, identity fraud, Account fraud

LoanPro introduces Smart Verify

News | Digital Identity, Security & Online Fraud | 22 Oct 2024

US-based LoanPro, a lending and credit platform, has announced the launch of Smart Verify, a new suite of data solutions for identity verification and ongoing monitoring of business and consumer accounts. 

product launch, identity verification, identity fraud, lending, transaction monitoring

Combating enrolment fraud and supporting the student financial journey: a lifelong responsibility

Voice of the Industry | Digital Identity, Security & Online Fraud | 11 Oct 2024

As the academic year begins, student challenges like enrolment fraud come to the forefront. Brian Suponcic of BMTX discusses combating fraud and supporting students' financial journeys.

identity verification, fraud prevention, bank account, machine learning, artificial intelligence, identity fraud

IDScan.net's research unveils an increase in identity fraud-related scams

News | Digital Identity, Security & Online Fraud | 08 Oct 2024

AI-enabled identity verification platform IDScan.net has revealed in its research a substantial increase in identity fraud-related scams and a surge in US consumers’ concerns over identity protection. 

identity verification, identity fraud, deep fake, fraud prevention, research

Hastings Direct Loans automates its processes using IDVerse identity

News | Digital Identity, Security & Online Fraud | 03 Oct 2024

Hastings Direct Loans has announced its collaboration with IDVerse Identity to automate personalised journeys and improve its growth strategies.

fraud management, fraud detection, fraud prevention, identity theft, identity fraud

ADVANCE.AI acquires iBeta Level 2 certification

News | Digital Identity, Security & Online Fraud | 01 Oct 2024

ADVANCE.AI, a digital identity verification provider, has received iBeta Level 2 Presentation Attack Detection (PAD) certification for its liveness detection solution.

fraud management, fraud detection, identity fraud, digital identity, fraud prevention

The Paypers launches the Fraud Prevention in Ecommerce Report 2024-2025

News | Digital Identity, Security & Online Fraud | 25 Sep 2024

The Paypers has launched the sixth edition of the Fraud Prevention in Ecommerce Report, with a thorough overview of the hottest trends in the global fraud ecosystem.

report, fraud management, fraud detection, digital identity, KYC, KYB, online fraud, fraud prevention, online payments, ecommerce, payments , identity fraud, two-factor authentication, multi-factor authentication, CNP fraud, account takeover, promo abuse, refund fraud, merchants, generative AI, GenAI, first-party misuse, friendly fraud, biometrics, machine learning, scam, phishing, SCA, regulation, bot attacks

Sumsub's Non-Document Identity Verification is compliant

News | Digital Identity, Security & Online Fraud | 12 Sep 2024

Sumsub, a verification provider, has announced that it received complete regulatory compliance for its Non-Doc solution after an audit by FINTRAIL.

fraud management, fraud detection, identity fraud, identity verification, identity theft

iDenfy collaborates with Confindo to mitigate loan fraud

News | Digital Identity, Security & Online Fraud | 09 Sep 2024

Lithuania-based regtech solution provider iDenfy has entered into a collaborative agreement with Confindo to increase security and manage loan fraud. 

identity verification, identity fraud, identity method, online security, partnership, lending

AU10TIX fraud report unveils an increase in automated bot attacks

News | Digital Identity, Security & Online Fraud | 12 Sep 2024

Global technology company specialising in identity verification and management AU10TIX has launched its Q2 2024 Global Identity Fraud Report, which highlights substantial trends in large-scale organised identity fraud. 

identity fraud, identity theft, deep fake, report, fraud management, online fraud

Vasmobile launches the African biometric school ID program - SkoolID

News | Digital Identity, Security & Online Fraud | 04 Sep 2024

IDEX Biometrics and Vasmobile have introduced SkoolID, the African School ID and Smart Payment Card, using IDEX's biometric card platform.

fraud management, fraud detection, identity verification, fraud prevention, identity fraud

AuthenticID launches Smart ReAuth biometric reauthentication

News | Digital Identity, Security & Online Fraud | 30 Aug 2024

Identity verification provider AuthenticID has rolled out Smart ReAuth, a solution that uses a selfie to instantly re-confirm one’s identity.

biometrics, identity verification, product launch, fraud prevention, identity fraud

Nigerian fintech loses nearly USD 317,200 previously retrieved from fraudsters

News | Digital Identity, Security & Online Fraud | 30 Aug 2024

A Nigeria-based fintech, which initially lost USD 317,200 and supported customers in recovering the amount from fraudsters, has announced that the account in which the funds were stored was hacked into. 

identity fraud, transaction fraud, online security, financial services, financial institutions

Worldcoin's practices questioned by Colombian regulators

News | Online & Mobile Banking | 28 Aug 2024

The Superintendence of Industry and Commerce (SIC) has alleged that Worldcoin, a company that verifies identities using iris scanning, violated personal data protection guidelines in Colombia. 

identity verification, identity method, identity fraud, digital identity, fraud prevention, online security

Switzerland to join two EU security cooperation projects

News | Online & Mobile Banking | 26 Aug 2024

Switzerland has announced its decision to take part in the projects belonging to the EU's Permanent Structured Cooperation `Military Mobility` and `Cyber Ranges Federation`.

fraud management, fraud detection, online fraud, fraud prevention, identity fraud, AML

EU payment fraud surpasses EUR 4.3 billion

News | Digital Identity, Security & Online Fraud | 19 Aug 2024

EBA and ECB have revealed that payment fraud in EEA reached EUR 4.3 billion in 2022, with an extra EUR 2.0 billion reported in the initial half of 2023.

report, financial data, fraud management, identity fraud, payments

Outsmarting the fraudsters: how AI is revolutionising forgery detection

Voice of the Industry | Digital Identity, Security & Online Fraud | 13 Aug 2024

With frauds and scams becoming more sophisticated in the age of AI, Ofer Friedman from AU10TIX reveals how to use tech to detect and prevent document forgery.

document forgery, generative AI, fraud detection, artificial intelligence, identity verification, identity fraud

Homelike partners with Signzy for a simplified onboard process

News | Digital Identity, Security & Online Fraud | 09 Aug 2024

Homelike and Signzy have announced that they joined forces to incorporate a One Touch KYC solution, ensuring swift and accurate user onboarding.

partnership, KYC, merchant onboarding, identity fraud, fraud management