With AI tools and crypto aiding financial fraud, cops and industry gear up for a fight
The fraudulent practice of “pig butchering” continues to be a major concern in financial fraud, as highlighted in a recent…
fraud
Biometric Update regularly publishes posts about the topic "fraud." The following set of links is available to assist you with finding biometrics news concerning "fraud" and other relevant terms. Additional tags may be perused by accessing our comprehensive Biometrics Topics list.
Generative AI: How to protect your business in the golden age of fraud and disinformation
Generative artificial intelligence (AI) technologies have exploded in quality and popularity. These technologies can create a variety of content including…
Crackdown on illegal birth certificates in China after hospital revelations
China is cracking down on the illegal trade in children’s birth certificates, which according to the country’s top health regulator…
Future of Fraud Management for FI
Future of Fraud Management for FI New York, NY September 21, 2022 The Future of Fraud Management for FI is…
Solving fraud in banking with trusted identities
One of the biggest challenges facing banks today is providing secure and trusted services while substantially improving the customer experience….
Online payment fraud loss to grow 50 percent in Europe by 2024
By 2024, financial loss caused by online payment fraud will cost eCommerce merchants more than $25 billion annually, compared to…
Fraud levels have more than doubled globally over the past five years, Jumio reports
New account fraud has gone up 18 percent in 2019 compared to 2018 global reports, adding up to a 106.8…
Voice biometrics spoof nets fraudster $29M
The U.S. subsidiary of financial media giant Nikkei, has been victimized by a voice biometric spoof attack that netted a…
PSD2 could drive fraud to non-EU payment markets as biometric authentication increases
Most companies are not prepared for the Europe’s new and revised Payment Services Directive (PSD2), but that will not stop…
BioCatch argues synthetic identity fraud renders static identity elements useless
The success of synthetic identity fraud is making the verification of static identity elements largely useless to prevent fraud, and…
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