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Experian identifies synthetic identities and COVID scams as fraud trends in 2021

News | Digital Identity, Security & Online Fraud | 12 Jan 2021

Experian has unveiled a Future of Fraud Forecast, which identifies five of the biggest threats that businesses should expect to face in 2021, Find Biometric reports. 

Experian , synthetic identities, COVID-19, pandemic, coronavirus, scams, fraud predictions, product launch, account takeover, identity fraud, phishing attacks, security

LexisNexis' study finds 7.3% increase in fraud costs for US retailers

News | Digital Identity, Security & Online Fraud | 22 Jul 2020

LexisNexis Risk Solutions has released its 11th annual LexisNexis Risk Solutions 2020 True Cost of Fraud Study: e-Commerce/Retail Edition. 

LexisNexis Risk Solutions, fraud, US, retailers, ecommerce, fraud attacks, retail, synthetic identities, risks

BioCatch's digital behavioural profiles now includes over 150 mln users

News | Digital Identity, Security & Online Fraud | 26 Jun 2020

BioCatch has revealed that its compilation of privacy-protected digital behavioural profiles now includes more than 150 million individual online banking users.

behavioural biometrics, BioCatch, online banking, cybercrime, fraud, potential risk, Personally Identifiable Information, PII, synthetic identities, onboarding, account takeovers, social engineering scams

Payfone gets USD 100 mln investment fund led by Apax Digital

News | Digital Identity, Security & Online Fraud | 19 Jun 2020

Payfone has raised USD 100 million to acquire strategic assets, strengthen its ML capabilities, and build a cross-industry consortium to secure digital transactions and experiences. 

Payfone, investment, Apax Digital, ML, digital transactions, identity platform, financial institutions, security, onboarding, digital services, authentication, behavioural signals, SIM swap fraud, synthetic identities, spoofed calls

When onboarding goes overboard: How to counteract New Account Fraud

Voice of the Industry | Digital Identity, Security & Online Fraud | 12 Feb 2020

Tim Ayling, buguroo, discusses why New Account Fraud is so attractive to fraudsters and how a solution founded in behavioral biometrics is the route to prevent it

Tim Ayling, buguroo, New Account Fraud, onboarding, fraud, accounts, digital banking, financial services, banks, threat intelligence, anti-fraud solutions, synthetic identities, ID documents, financial security, biometrics