AI speeds synthetic identity fraud, enabling human-like interactions
Fake identities are driving a boom in financial fraud. A new study has shown that fraud involving AI-generated identities has…
synthetic identity fraud
Biometric Update regularly publishes articles regarding the term "synthetic identity fraud." The following set of links is available to assist you with finding biometrics news about "synthetic identity fraud" and other relevant terms. More tags may be explored by reviewing our comprehensive Biometrics Topics list.
Socure launches Sigma Synthetic Fraud v4, as ID+ added to FedRAMP marketplace
Socure has announced the release of Sigma Synthetic Fraud v4, as well the addition of the ID+ Platform to the…
Increase in FinCEN fraud reports reveals growing urgency for digital identity
Digital identity could be key in the growing problem of identity related cases of fraud. The FinCEN Identity Project found…
Deduce
Deduce creates tools to fight AI-generated identity fraud. Deduce detects SuperSynthetic customers–AI-generated identities so realistic they fool legacy fraud solutions….
Deduce nets $9M investment to scale synthetic identity fraud prevention service
Investors have been betting heavily on generative AI, so it should come as no surprise that big money is also…
Wells Fargo accused of scam involving racketeering, synthetic identity fraud
Wells Fargo has been hit with a putative class action alleging that they worked with a credit reporting agency that…
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…
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…
