Tag : Identity Verification

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%
Artificial Intelligence Fintech News

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%

Fintech News Desk
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly......
European-Investment-Bank-provides-€15-million-of-funding-to-IDnow
Banking Fintech Investment Services News

European Investment Bank Provides €15 Million Of Funding to IDnow

Fintech News Desk
The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow. IDnow is an expert in secure, remote auto and video identification and electronic signature services. This enables companies to acquire customers and manage transactions faster and easier, while complying with know your......
Acuant GO-No-Code-Identity-Verification-and-KYC-Solutions-Provide-Global-Solution-to-Growing-Fraud_-Now-Launching-in-the-CEE-Region
Business Fintech News

Acuant GO No Code Identity Verification and KYC Solutions Provide Global Solution to Growing Fraud, Now Launching in the CEE Region

Fintech News Desk
Acuant, a leading global provider of identity verification solutions, today announced the regional launch of Acuant GO, a suite of no code solutions, in Central Eastern Europe with enTRUSTed partner LetsGOKYC. Acuant GO delivers the power of the Acuant’s Trusted Identity Platform at lightning speed. It is the fastest way......
IDnow reports 250% increase in fraud attempts since the beginning of the COVID-19 pandemic - detection remains very good
Business Fintech News Risk Management

IDnow Reports 250% Increase in Fraud Attempts Since the Beginning of the COVID-19 Pandemic – Detection Remains Very Good

Fintech News Desk
IDnow (www.idnow.io), a leading provider for Identity Verification-as-a-Service solutions, publishes the latest figures on changes in fraud methods within the digital environment in its “Cyber Security Report 2020”. The company sees a strong increase of 250% in fraud attempts. Technology and security systems remain ahead of the new trends. Read......
Increased Use of Digital Accounts During COVID but New Customers Remain Concerned About Privacy and Security
Fintech News

Increased Use of Digital Accounts During COVID but New Customers Remain Concerned About Privacy and Security

Fintech News Desk
Onfido survey shows spike in digital account usage but concerns about security and privacy remain paramount with 43% of respondents abandoning new account setup Onfido, the global identity verification and authentication provider, announced the results of its survey “Customer attitudes to digital identity: meet the expectations of tomorrow”* which evaluated......
Veratad Advances Identity Verification Certainty with Smart Two-Factor Authentication Solution
Fintech News

Veratad Advances Identity Verification Certainty with Smart Two-Factor Authentication Solution

Fintech News Desk
Veratad Technologies, a worldwide provider of trusted age and identity solutions to financial, healthcare, retail and other businesses, is advancing traditional two-factor (2FA) identity verification through its new Smart 2FASM authentication solution. By joining the best of identity verification and two factor authentication (ownership of device and phone records/data), Veratad’s Smart......
More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies
Artificial Intelligence Banking Fintech News Risk Management

More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies

Fintech News Desk
OneSpan Global Financial Regulations Report reveals coming regulations on identity verification, Open Banking, AI, cryptocurrencies and biometric authentication aimed at enabling secure, digital economies OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today released the inaugural OneSpan Global Financial Regulations Report. The report examines regulatory and legislative initiatives......
Onfido Announces New Leadership for the Next Phase of Growth
Fintech News

Onfido Announces New Leadership for the Next Phase of Growth

Fintech News Desk
Veteran technology executive Mike Tuchen appointed CEO to succeed Husayn Kassai as the company accelerates its global growth strategy Onfido, the global identity verification and authentication provider, announces the appointment of Mike Tuchen as Chief Executive to lead the company as it further scales its global offer. Mike joins Onfido......
Acuant Joins Canada’s Digital Identity Organization to Impact a More Secure Future
Business Cryptocurrency Currency Exchange Fintech News

Cryptocurrency Exchange CoinZoom Selects Acuant’s Mobile Solution to Meet Know Your Customer (KYC) Regulations

Fintech News Desk
Acuant, a leading global provider of identity verification, announced that CoinZoom, a U.S. regulated cryptocurrency exchange, is using Acuant’s all-in-one Trusted Identity Platform for automated identity verification and compliance to manage fraud and meet Anti-Money Laundering (AML) regulations. Read More: Realio Partners With $250M+ Valentus Fund to Tokenize Institutional-grade Investment Opportunities CoinZoom......
Prime Trust Partners with Acuant for its All-In-One Trusted Identity Platform
Business Fintech News

Prime Trust Partners with Acuant for its All-In-One Trusted Identity Platform

Fintech News Desk
Acuant Provides Prime Trust’s API-enabled B2B Financial Infrastructure with Enhanced Verification Through its KYC, Transaction Monitoring and Fraud Prevention Solutions Acuant, a leading global provider of identity verification, today announced that Prime Trust is engaging Acuant’s Trusted Identity Platform for identity verification and compliance to meet Anti-Money Laundering (AML) regulations, manage fraud and fight financial......
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