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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 act

A 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 risk

U.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 fraud

Fraud 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 complex

As 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 firms

Real 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 rollout

The 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: report

Six 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 tools

If 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 contracts

The 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 verification

Romance 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 climbing

Digital 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 attacks

Often 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 verification

The 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 2022

Sapio 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’ appeal

The 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 breaches

A 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 KYC

Several 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 positives

TransUnion 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 providers

The rate of suspected global digital fraud attempts targeting the insurance industry increased 159 percent between Q2 2021 and Q2…

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