Digital nomads leading to glut of foreign document admin — researchers
The rise of digital nomads, people working remotely in foreign countries as the pandemic wanes may be causing problems for…
synthetic identity fraud
Biometric Update regularly releases posts related to the term "synthetic identity fraud." The following set of links is available to help you find biometrics news related to "synthetic identity fraud" and other relevant terms. More topics may be perused by accessing our complete Biometrics Topics list.
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,…
Socure plans to ‘eliminate synthetic identities’ from US finance
New York-based digital ID solution provider Socure has shared plans to first remove 100,000 synthetic identities from the U.S. financial…
Digital ID experts to tackle fraud, deepfakes in high demand: OCR Labs report
Nine out of ten fintechs are planning to recruit additional digital ID experts to help tackle fraud as they expect…
Advocacy groups urge US Congress to pass Improving Digital Identity Act
The Better Identity Coalition has joined with the Identity Theft Resource Center and eight other organizations to call on U.S….
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…
Synthetic identity fraud to hit $5B in two years. Credit agency practices enabling crime
Could U.S. synthetic fraud losses in 2024 equal the valuation of five unicorns? That is what one digital ID verifier…
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…
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…
Preventing fraud, the alternative way
By Gus Tomlinson, Chief Product Officer, EMEA at GBG Our digital identities allow us to buy and interact like never…
