Generative AI has ushered in a new era of fraud, say reports from Plaid, SEON
The overall transformational impact of the tech we have come to call AI is still up in the air. The…
Plaid
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Mastercard, Sift, Plaid upgrade onboarding for financial entities amid rampant fraud
Mastercard, Sift and Plaid are each adding capabilities to their portfolios to help banks and other financial institutions cut their…
Biometrics integrations, identity intelligence improve financial services onboarding
Major integrations for Fourthline and BioCatch are expanding the reach of their biometric user onboarding and KYC technologies, as financial…
Plaid raises $575M in latest funding
Plaid has raised $575 million led by Franklin Templeton, alongside Fidelity Management and Research, and others including existing Plaid investors…
Plaid positioned for more IDV transactions as eBay acquires car sales platform
eBay is expanding its car sales division with the acquisition of an automotive transaction platform, in a move that cements…
Digital IDs can boost US financial inclusion say govt, private sector experts
Creating an inclusive financial system will require effective ways to verify people’s identities and prevent fraud. A recent event from…
AI fraud may be too much for some financial companies, warns Treasury Dept
The risks of generative artificial intelligence are looming over the financial services industry. As access to more advanced AI tools…
C-level moves at Facephi, Plaid, Prove, JumpCloud, new VPs for Mitek and ID.me
Executive positions have been filled at several prominent face biometrics providers, with Facephi, Mitek and ID.me announcing hires, while digital…
Plaid face and behavioral biometrics support instant authenticated online payments
Plaid and Astra, which provides infrastructure for fast payments, have extended their partnership to offer a unified software package to…
Plaid doubles down on identity verification as businesses seek compliance improvements
Global payments processor Plaid will now allow users to verify their identity across any service powered by Plaid. This means,…
