Fake ID and ATO fraud rising say US firms
Real estate transactions involve significant amounts of money. It’s not surprising that 1 percent of transactions handled by title companies—third…
synthetic identity fraud
Biometric Update regularly writes news about the topic "synthetic identity fraud." The following set of links is available to help you find biometrics news regarding "synthetic identity fraud" and other relevant terms. Additional topics may be explored by reviewing our complete Biometrics Topics list.
New multilingual audio deepfake detection coming to Reality Defender
Reality Defender is set to announce the launch of enhanced multilingual deepfake detection in its tool suite. In an exclusive…
Mitigate AI-driven fraud attacks with biometric IDV, MFA: reports
AI-driven identity fraud in Europe is on the rise, according to a recent report by Signicat, in collaboration with independent…
Proof integrates Socure biometrics and anomaly detection to secure business agreements
The contracts, authorizations and forms that set out agreements between businesses and consumers represent a $200 trillion market, and Proof…
AI is a major threat and financial organizations are not doing enough to fight it
Behavioral biometrics firm Biocatch’s 2024 AI, Fraud, and Financial Crime Survey does not mince words in assessing how generative AI…
Lack of ID document standards, language barriers pose fraud detection challenge: Regula
A lack of standardization among identity documents is the most common among several challenges facing businesses when they attempt to…
Socure announces faster biometric IDV, deepfake and synthetic identity fraud detection
Identity verification provider Socure has announced the launch of its next generation DocV, now including enhanced deepfake selfie biometrics detection…
UK’s £54M welfare fraud case illustrates need for biometric identity verification
A team of fraudsters has been convicted for what was described as “the largest case of benefit fraud in England…
Identity verification industry mulls solutions to flood of synthetic IDs
The advent of AI-powered generators such as OnlyFake, which creates realistic-looking photos of fake IDs for only US$15, has stirred…
Financial fraud is exploding, fueled by cheap and easy generative AI tools
If biometrics and digital identity providers seem hyperbolic about the risk of fraud and the importance of data security, consider…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection