‘200% rise’ in voice scams in APAC as gangs pivot to call centers
There has been a 200 percent surge in voice scams from 2022 to 2023 in the APAC region according to…
financial services
Biometric Update regularly releases posts regarding the term "financial services." The following set of links is available to assist you with finding biometrics news concerning "financial services" and other relevant terms. More topics may be perused by reviewing our complete Biometrics Topics list.
How lenders can decode creditworthiness and fraud through device analytics
By Michele Tucci, Chief Strategy Officer & MD Americas in credolab Our phones and computers are literal treasure troves of…
Sumsub launches deepfake detection tool, announces pivot to ‘full-cycle verification’
London-based identity verification firm Sumsub has incorporated enhanced deepfake detection technology into its existing biometric liveness detection solution. Sumsub’s liveness…
India’s Account Aggregator DPI could promote equitable financial access: World Bank
India’s micro, small, and medium enterprises (MSMEs) face a credit gap of between $250 billion and $300 billion. The World…
Quality, depth, and scale of AI fraud poses greatest financial services threat in history
By Mike Gross, VP, Applied Fraud Research & Analytics at Experian Over the last year, artificial intelligence (AI), especially ChatGPT…
UK financial authorities work with industry on digital ID, US regulator signals support
UK payments and self-sovereign identity firm Nuggets has worked on developing a digital wallet solution for a retail use case…
Live biometrics checks ‘the only way’ to prevent identity scams in finance
In a recent podcast from PaymentsJournal, Micheal Sheehy, chief compliance officer at payments firm Payoneer, pointed to large-scale recent fraud…
Future Identity Finance
Future Identity Finance New York, NY June 20, 2023 This one-day event will bring together an energetic community of identity…
Teen-focussed fintech signs with Yoti to enhance security, verify age
Modak, a fintech company that provides financial services and education to teenagers, recently partnered with Yoti, a digital identity company,…
Namibia’s financial regulator partners with Prembly on digital ID regulatory sandbox
The Namibia Financial Institutions Supervisory Authority (NAMFISA) has signed a partnership agreement with Nigeria-based digital identity and selfie biometrics provider…
