Digital insurance fraud spike offers market opportunity for biometric KYC providers
The rate of suspected global digital fraud attempts targeting the insurance industry increased 159 percent between Q2 2021 and Q2…
TransUnion
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Biometrics is most popular for onboarding in only one country — survey
Buried in a new marketing-driven survey about the importance of consumers’ retail digital experience, is a surprising insight into the…
Downwind of IRS decision to back off biometric authentication: More change
An event as significant as the U.S. Internal Revenue Service distancing itself from biometric identifier vendor ID.me was bound to…
Neustar, LumenVox add voice biometrics to partners’ cloud computing platforms
Cloud service providers Altigen and Twilio have augmented their security options with biometric voice authentication offered by Neustar and LumenVox,…
ForgeRock raises $275M and reaches $2.8B valuation in IPO
The latest major IPO in the biometrics space with ForgeRock’s initial public offering raking in $275 million and its stock…
Digital ID partnerships for financial services unveiled, fraud shifting to new sectors
More firms from various industries are partnering with digital identity verification companies to adopt digital KYC functions to tackle fraud….
Digital ID providers extend technology to support compliance with financial regulations
Several digital identity technology providers have reached new agreements to extend their software and services to help businesses meet financial…
TransUnion sees fraud attempts rise 24 percent among its customers globally
The global rate of suspected financial-services digital fraud attempts among TransUnion customers rose 24 percent in the first four months…
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