Vendor claims deepfake fraud ‘doubles’ in North America
Instances of deepfake fraud doubled in North America between 2022 and Q1 2023 according to a new report from London-based…
Sumsub
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Digital IDs and the global fight for identity
By Vyacheslav Zholudev, CTO and co-founder of Sumsub Despite recent analyst research predicting that the global number of users of…
Selfie biometrics extended with TrustCloud acquisition and merger
Transaction processing provider Branddocs has acquired digital transaction orchestrator TrustCloud, and will merge with it. The combined business will offer…
Fintech fraud and compliance concerns lift selfie biometrics, ID verification providers
Growth in both the fintech sector and digital fraud rates are providing tail-winds for selfie biometrics and identity verification providers….
Compliance and fraud prevention tools introduced for crypto, digital transactions
London-based digital ID firm Sumsub has released a new Travel Rule solution for compliance in the crypto industry. Discussed last…
Sumsub, iDenfy, Identomat and Plaid each move to ease compliance checks for businesses
A ‘Complete Guide to Business Verification (KYB)’ has been published by Sumsub to help B2B companies mitigate rising fraud rates…
Shufti shows ID document fraud increase, Onfido warns of tighter regulations
Growing fraud risk is no surprise to anyone around the digital identity landscape, but Shufti Pro’s findings that identity document…
Sumsub says digital ID can speed up onboarding in emerging markets
The use of digital ID technologies, alongside government databases, can substantially speed up the identity verification process in emerging countries….
Biometrics providers push further into financial services, past digital ID misconceptions
A set of stubborn myths about digital ID are posing stubborn barriers to its application in banking and financial services,…
KYC and AML costs add up, compliance with biometrics costs less: Ondato
The cost of anti-money-laundering (AML) processes for major European banks averages €14.25 million (US$15.15 million) each year, with each of…
