Lack of liveness detection costs Nigeria’s financial institutions millions of Naira in fraud
The Nigeria Inter-Bank Settlement System (NIBSS) has revealed that the country’s financial sector lost around 52.26 billion Naira (US$34.8 million)…
fraud prevention
Biometric Update regularly releases posts related to the term "fraud prevention." The following list of links is available to help you find biometrics news concerning "fraud prevention" and other relevant terms. Additional tags may be explored by reviewing our comprehensive Biometrics Topics list.
Fraud accompli: synthetic identities, injection attacks change security landscape
The annual Identity Verification Threat Report from iProov has arrived bearing a potent message: things have changed. Whether we’re through…
US banks must prepare for FIFA World Cup fraud surge: Entersekt
Ahead of an anticipated fraud surge during the biggest sporting event of 2026 in North America, Entersekt warns U.S. banks…
Fake accounts and refund abuse biggest fraud challenges gig economy faces
Incognia has released the Gig Economy Edition of its annual Frontline Report, which ranks the biggest fraud challenges faced by…
Ethiopia’s digital ID proves useful for document authentication, fraud prevention
Ethiopia’s national digital ID, Fayda, has been hailed as a vital tool helping businesses and organizations to easily deal with…
Remote worker onboarding platforms choose Sumsub, Signzy for biometric IDV
Sumsub has been chosen to provide identity verification and onboarding for remote employees to businesses through a partnership with Telus…
Illuma adds strategic financing to boost voice biometrics innovation, market reach
Illuma Labs has followed its $9 million funding round from 2024 by securing strategic financing from Stifel Bank to put…
Poland introducing biometric visa appointments to prevent scalpers
Poland is planning to introduce biometric registration for visa applications to prevent intermediaries from exploiting the country’s visa appointment booking…
DARPA continues work on technology to combat deepfakes
Recognizing the growing threat posed by deepfakes, the Defense Advanced Research Projects Agency (DARPA) is taking a multi-pronged approach to…
LexisNexis integrating IDVerse biometrics with acquisition complete
Biometric fraud protection services firm IDVerse is now fully part of the Business Services segment of LexisNexis Risk Solutions following…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection