Experts say better understanding of regulatory environment vital for KYC compliance
Four fintech experts drawn from Nigeria and Ghana are unanimous that meeting know your customer (KYC) compliance exigencies requires a…
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 related to "fraud prevention" and other relevant terms. More tags may be explored by reviewing our comprehensive Biometrics Topics list.
Keep rapid digitization in context to adapt effectively
A period of rapid change for businesses across practically all sectors with forced digitization has led to organizations reassessing how…
Alloy raises $52M in further Series C following digital ID partnerships
Know-your-customer (KYC) firm Alloy raised $52 million as a part of its Series C funding led by Lightspeed Venture Partners…
Payment system platform gains support of Australia’s major banks for national digital ID
Eftpos’ ConnectID has received support from Australia’s ‘big four’ banks: ANZ, CBA, NAB and Westpac. The news comes from Australian…
Scammers alter fingerprint biometrics in India with limited success
Several individuals in India have recently been involved in events that saw the alteration or theft of fingerprint biometrics. Specifically,…
BNPL fraud: Avoiding buy now, pay never
By Gergo Varga, Product Evangelist at SEON Mention of a BNPL model – Buy Now, Pay Later – within the…
Liquid Avatar brings biometric verification to metaverse with Aftermath Islands credential
Liquid Avatar Technologies will deploy its biometric technology to enable the identity verification of users in the metaverse platform Aftermath…
Digital identity verification spending to pass $20B by 2027, but security challenges remain
Businesses around the world are spending $11.6 billion on digital identity verification this year, and that amount will nearly double…
Daon partnership combines biometrics with ANI validation for call centers
Daon has partnered with risk analytics provider Neustar to provide end-to-end customer authentication for call centers to reduce call spoofing…
Ondato partners for modular, biometric compliance solutions with transaction monitoring
Anti-money laundering transaction monitoring provider Hawk AI entered a new partnership with know-your-customer (KYC) compliance management platform Ondato. The new…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
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- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
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