Chicago, Illinois,
United States
TransUnion
TransUnion is an American consumer credit reporting agency that collects and aggregates information on over one billion individual consumers in over thirty countries.
TransUnion Biometrics News
CFIT launches Digital Company ID working groups
The Centre for Finance, Innovation and Technology (CFIT) has made another step towards the creation of a Digital Company ID…
| Apr 1, 2025 | Explosion in identity and payments fraud forces governments, private companies to actA common enemy can bring together unlikely allies, and right now the common enemy of banks, tech and telecoms firms… |
| Mar 5, 2025 | Breaches and legacy authentication methods inviting tax, business fraud riskU.S. tax filers face an increased risk of fraud this year, in part because 640 million consumer records were breached… |
| Oct 29, 2024 | Entrust, Proof, TransUnion offer platforms, insights to combat financial fraudFraud is older than money, so it’s no surprise that it remains a scourge on the modern economy. The first… |
| Oct 17, 2024 | Behavioral biometrics, analytics options aplenty as financial fraud gets more complexAs businesses play tug-of-war with increasingly sophisticated fraud tactics, the cost of fraud has risen to new levels, now amounting… |
| Jun 28, 2024 | Fake ID and ATO fraud rising say US firmsReal estate transactions involve significant amounts of money. It’s not surprising that 1 percent of transactions handled by title companies—third… |
| Jun 4, 2024 | GSA testing for biometric bias ahead of Login.gov identity proofing rolloutThe U.S. General Services Administration is testing facial recognition, behavioral biometrics and other technologies for remote identity proofing for the… |
| Apr 4, 2024 | Multi-layered and biometric IDV can prevent pervasive rental fraud: reportSix out of ten property managers said they faced rental fraud in the past two years, according to research from… |
| Mar 21, 2024 | Financial fraud is exploding, fueled by cheap and easy generative AI toolsIf biometrics and digital identity providers seem hyperbolic about the risk of fraud and the importance of data security, consider… |
| Mar 19, 2024 | GSA names 8 identity proofing companies for $194.5M in Login.gov contractsThe General Services Administration has awarded eight blanket purchase agreements to identity proofing companies for its SSO portal Login.gov. The… |
| Feb 14, 2024 | This Valentine’s Day, fight romance scams with ID verificationRomance scams, or scams where bad actors leverage online dating to extract money from its victims, can happen year round… |
| Dec 1, 2023 | TransUnion research shows most in US fear identity fraud, but rates keep climbingDigital identity fraud trends published at yearend in the U.S. and globally by a credit-reporting firm seem to be contradictory… |
| Nov 7, 2023 | TransUnion survey says call centers need authentication help to fend off attacksOften the only humans that consumers associate with a brand, call center staff are being targeted with authentication scams. A… |
| Aug 21, 2023 | US studies possible accessibility hurdles for remote ID verificationThe U.S. Government Services Administration, which is responsible for the nation’s problematic single sign-in program, is studying how to make… |
| Mar 31, 2023 | Fake documents and synthetic identities led to higher fraud in financial services in 2022Sapio Research and partner Regula have revealed that the impact of identity fraud varies for organizations in the Financial Services industry,… |
| Mar 15, 2023 | More digital engagement means more fraud and passwords, boosting biometrics’ appealThe possibility of greater convenience and security together is positioning biometrics to dethrone passwords as the top choice for authentication… |
| Mar 2, 2023 | It’s been an ugly six months for identity theft and data breachesA look back at U.S. security debacles in 2022, combined with a “major incident” this year, is doing nothing to… |
| Dec 6, 2022 | ID fraud rises worldwide but biometrics helps KYCSeveral companies in the know-your-customer (KYC) and anti-money laundering (AML) spaces have recently shared new insights into the industry. The… |
| Sep 27, 2022 | Behavioral analytics from NeuroID integrated by TransUnion to stop fraud and false positivesTransUnion has integrated behavioral analytics from NeuroID to help businesses fight fraud and reduce false positives in fraud detection. The… |
| Aug 10, 2022 | Digital insurance fraud spike offers market opportunity for biometric KYC providersThe rate of suspected global digital fraud attempts targeting the insurance industry increased 159 percent between Q2 2021 and Q2… |
