UIDAI refuses disclosure on liveness project as Indian police crack down on cybercrime
The Unique Identification Authority of India (UIDAI) has declined to answer inquiries regarding its recent efforts to combat Aadhaar-based frauds,…
fraud prevention
Biometric Update regularly releases news related to the term "fraud prevention." The following list of links is available to assist you with finding biometrics news regarding "fraud prevention" and other relevant terms. Additional topics may be explored by reviewing our entire Biometrics Topics list.
Regula updates ID document scanning to detect image forgeries, snuff out ‘ghost’ images
KYC provider Regula has announced newly updated software it claims will improve organizations’ ability to detect forged images within ID…
Jamaica invests in biometrics to fight election fraud
The Electoral Commission of Jamaica (ECJ) has upgraded its biometric identification system. The new automated biometric identification system (ABIS) will…
Socure adds document verification engine from Berbix in $70M acquisition
Socure has acquired San Francisco-based document verification software maker Berbix for $70 million in cash and stocks to integrate its…
Trulioo claims huge increase in KYB adoption as US tightens ID verification requirements
KYC firm Trulioo claims to have seen a 586 percent increase in Know Your Business (KYB) adoption, ahead of the…
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…
Bank biometrics market $18B by ’32; new deals for Illuma, Journey, BioCatch
Financial services customers are warming to biometric authentication and that is pushing growth for vendors. According to new research by…
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…
Generative speech firm ElevenLabs raises $19M, launches tool to snuff out deepfakes
As the risks presented by generative AI fraud may be growing worldwide, ElevenLabs has unveiled a new tool that will…
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…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection