Search Results for: identity stolen

Cryptocurrency Digital Wallet Featured Fintech Security

The Future of Digital Identity in Fintech: Advanced Authentication Methods Using Biometrics and Cryptography

Fintech Staff Writer
by Fintech Staff Writer0
As the FinTech industry continues to expand, digital identity has become a key pillar in ensuring secure, seamless transactions and financial services. With growing concerns over privacy, fraud, and security breaches, there is an increasing need for more sophisticated and reliable authentication methods. Traditional password-based systems are no longer sufficient......
Artificial Intelligence Digital Payments Finance Fintech Guest Posts Risk Management Security

How to Embed Identity Verification Solutions Across Sectors

Austin Talley
by Austin Talley0
By: Austin Talley, CEO of Everyware Identity verification technology plays a key role for businesses across all industries to maintain regulatory compliance and prevent fraud. This is particularly important in sectors like retail, e-commerce, automotive and healthcare as each handle large amounts of sensitive consumer information. With 96% of US......
FICO Survey Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks
Finance Fintech News

FICO Survey: Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks

Business Wire
by Business Wire0
The study reveals that identity theft (36%) remains the predominant worry among Indonesians, exposing individuals to various risks, including financial loss, compromised credit scores, and the arduous process of restoring financial integrity. Highlights Identity theft worries persist, with 36% of Indonesians fearing fraudsters opening accounts A noticeable gap exists, as......
FICO UK
Banking Digital Payments Fintech News

FICO UK Released the Fraud, Identity, and Digital Banking Consumer Survey 2023

Fintech News Desk
by Fintech News Desk0
Fraud protection was cited as the highest priority for individuals when choosing a provider for a new financial account. A new study- Fraud, Identity, and Digital Banking Consumer Survey 2023 – United Kingdom of 1,000 UK consumers by global analytics software FICO has highlighted the customer acquisition and retention advantages......
Resecurity Launches Cutting-Edge Identity Protection Service in India
News Security

Resecurity Launches Cutting-Edge Identity Protection Service in India

PR Newswire
by PR Newswire0
Resecurity (USA), a global cybersecurity solutions provider protecting Fortune 500 and government agencies worldwide, is proud to announce the official launch of its award-winning Identity Protection (IDP) service in India. With a focus on safeguarding the citizens and businesses of India against cyber threats, Resecurity’s IDP service is set to revolutionize how people protect their......
Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud
Artificial Intelligence Fintech News

Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud

Business Wire
by Business Wire0
Cybersecurity Company Leverages Activity-Backed Intelligence to Thwart AI-Generated Identity Fraud Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures. The funding will launch Deduce’s GenAI Identity fraud solution out of stealth......
Conduent Introduces VeriSight Identity Validation and Bank Account Owner Verification Solutions to Combat Fraud and Strengthen Government Aid Programs
Digital Payments Finance News

Conduent Introduces VeriSight Identity Validation and Bank Account Owner Verification Solutions

Fintech News Desk
by Fintech News Desk0
VeriSight can help federal and state agencies confirm the identities of program beneficiaries Conduent Incorporated, a global technology-led business process solutions company, introduced its VeriSight solutions to help federal and state government agencies combat benefits fraud and strengthen public aid programs nationwide. The VeriSight solutions – an expansion of Conduent’s current capabilities......
New Report: Identity Fraud Doubled in Crypto and Banking in 2022
Banking News

New Report: Identity Fraud Doubled in Crypto and Banking in 2022

Fintech News Desk
by Fintech News Desk0
All-in-one verification platform, Sumsub, highlights seven key fraud trends of 2022 and shares predictions for 2023 in its annual identity fraud study Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, published its second annual Identity Fraud Report, that identifies......
Unlock Web3 with the First-of-its-Kind Digital Identity & Asset Protocol by NEST
News Security

Unlock Web3 with the First-of-its-Kind Digital Identity & Asset Protocol by NEST

Fintech News Desk
by Fintech News Desk0
NEST, the world’s first digital blockchain identity solution, introduces the Self-Sovereign Distributed Identity (SSDID) a first-of-its-kind, confidential digital identity protocol. Through encrypted ownership, crypto and NFT lovers are given complete control, confidentiality, and provenance over all their digital assets across the Web3 environment. The NEST® solution offers an individual encryption......
Accumulate Protocol Testnet Goes Live as New, Decentralized Way to Manage Digital Identity
Blockchain DeFi Fintech News

Accumulate Protocol Testnet Goes Live as New, Decentralized Way to Manage Digital Identity

Fintech News Desk
by Fintech News Desk0
DeFi Devs, Lead Community Developers of Accumulate Protocol, Announce Completion of $2.8M Private Seed Round, Launch Enterprise-Ready, Quick Scaling Blockchain Primed for the Next Wave of DeFi Accumulate Protocol, a high-performance blockchain for DeFi and managing digital identity, today announced the November launch of their developer Testnet with a rollout......
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