Biometrics: the key to creating secure digital identities in the metaverse
By Deepak Gupta, CTO & Co-Founder of LoginRadius The digital world is getting more real as we move towards a new era…
fraud prevention
Biometric Update regularly authors articles regarding the term "fraud prevention." The following set of links is available to assist you with finding biometrics news concerning "fraud prevention" and other relevant terms. Additional topics may be perused by reviewing our complete Biometrics Topics list.
ID.me attempts pivot to champion of the unbanked
ID.me wants to move on from being associated with fraud, “reckless” handling of biometrics and personal information and dire customer…
Children’s digital identities are easier to defraud, harder to fix
Almost a million children in the U.S. were victims of identity fraud in the year ending October 2022, finds research…
Biometric SIM registration curbs crime in Ghana, not as effective in Nigeria
Ghana’s Minister of Communications and Digitalization Ursula Owusu says there has been a noticeable drop in SIM card-related fraud in…
Crypto thefts explode; report says users will tolerate ID verification friction to stop it
A survey paid for by a digital ID verification company indicates that at least 70 percent of cryptocurrency users are…
Expanding its digital ID turf, Apple gets patent putting its devices at center of transactions
Apple has been awarded a United States patent related to digital ID authentication using mobile devices. The new patent (11494574…
Fraud prevention platform Self launches in beta for biometric authentication in Web3
The Web3 fraud prevention platform Self has officially announced a beta launch to enable individuals to create decentralized and biometric…
Defrag KYC landscape to prevent fraud, reputational damage, American Bankers Association says
The American Bankers Association (ABA) hopes to settle nerves in the fraud-prone U.S. financial sector with a new guide to…
Inverid launched to extend ReadID NFC ID document scanning with face biometrics
The success of ReadID has prompted InnoValor to launch a new company to expand its digital identity verification capabilities, including…
Digital ID verification deployed to tackle fraud in finance, travel, sports, ad buys
Identity fraud rates in the UK have gone down following the pandemic but remain high and are expected to rise…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection