Public sector fraud is rising, biometrics could be the solution, says iProov
The COVID-19 pandemic kicked off a scramble to digitize the public sector including handing out financial aid to citizens. But…
fraud prevention
Biometric Update regularly writes posts regarding the term "fraud prevention." The following list of links is available to assist you with finding biometrics news related to "fraud prevention" and other relevant terms. Additional topics may be perused by accessing our comprehensive Biometrics Topics list.
India state runs facial recognition on unsuspecting telco customers to fight fraud
Facial recognition algorithms reportedly have identified 30,000 fake SIM cards this spring in the west coast Indian state of Gujarat….
Banks seeking frictionless transactions: Multiple biometrics proposed
Batman said, it is not who I am but what I do that defines me; the same is the case…
Mitek introduces liveness checking for checks
Digital identity and fraud prevention company Mitek introduced a new feature which reviews the authenticity of deposited checks to ensure…
Pindrop report reveals states restricting biometrics are twice as vulnerable to fraud
Consumers living in U.S. states that impose enhanced restrictions on biometrics are twice as likely to experience fraud, according to…
Data shows collapse of SVB, Signature Bank prompted hike in ID fraud
Nevada-based Socure has revealed that the level of ID fraud in small banking and investment platforms rose sharply in the…
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,…
Fintechs flock to selfie biometrics for compliant onboarding
DigiCOOP, a digital and financial services app for people in the Philippines, has signed up with Singapore-based Advance.AI for digital…
GSA defends Login.gov fraud protections, still considering biometrics
None of the employees of America’s General Services Administration that were identified as having misled customers about the identity assurance…
Intellicheck provides digital ID checks to prevent fraud at auto dealerships across the US
Intellicheck has struck a deal with DealerShop to offer its member shops across the U.S. fraud protection through secure customer…
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