Mobile malware, mule accounts driving APAC bank fraud
BioCatch has published its 2024 Digital Banking Fraud Trends white paper on financial crime in the APAC region, and says…
Financial Services
Biometrics are used in financial services to aid in the flow of money from account opening through payments and transfers. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as onboarding and regulatory checks, and mobile wallet applications.
Reports show ebbing faith in banks that ignore AI fraud threat
People are losing faith in their banks, as generative AI makes deepfakes, voice cloning, injection attacks and other malicious assets…
IDV providers respond to growing consumer demand for stronger fraud prevention
A range of digital identity and financial fraud prevention capabilities and solution updates have been released just as Veriff issues…
IDnow rides online betting wave from UEFA Euro Championship
IDnow is capitalizing on UEFA European Football Championship fever, registering over eight times more identity verification requests on sports betting…
Biometric IDV requirement for SA relief grant beneficiaries sparks complaints
Some beneficiaries of Social Relief of Distress (SRD) grants managed by the South African Social Security Agency (SASSA) must now…
Biometrics cutting the line of in-person payments innovations: Mastercard
Mastercard sees biometrics for in-store payments as a part of a broader shift towards seamless interactions of all kinds, as…
ComplyCube, Signicat add features to strengthen fintech AML capabilities
The financial technology sector is witnessing a wave of strategic collaborations and innovative solutions aimed at enhancing security and compliance….
California law wants marketplaces to collect digital ID data from high-volume sellers
Democratic lawmakers in the golden state are fast-tracking a bill that would force online marketplaces to start collecting identity data…
Vietnam ramps up digital transformation but users report snags in biometric updates
As citizens of Vietnam stare down the July 1 implementation of mandatory biometric verification for new mobile banking users and…
Solidify UK digital ID rules to boost AML, techUK urges Treasury
Digital identity has a critical role to play in combating money laundering, and the UK government’s Digital Identity and Attributes…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection