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new account fraud

PYMNTS Explains How Behavioral Biometrics Can Fight Synthetic Identity Fraud

February 25, 2022

PYMNTS is calling attention to the threat of synthetic identity fraud in its latest Monetizing Digital Intent Tracker. In doing so, the organization advocated for the use of behavioral biometrics […]

BioCatch Aims to Protect Elderly Users With Age Analysis Solution

October 13, 2021

Behavioral biometrics expert BioCatch has announced the launch of a new account opening solution to help protect people from financial fraud. Age Analysis is designed particularly for elderly users, who […]

LexisNexis Risk Solutions Warns of Rising Bot Attacks in Latest Cybercrime Report

February 23, 2021

LexisNexis Risk Solutions has released its latest Cybercrime Report, which examines the period from July to December of 2020 and provides more insight into the effects of COVID-19. The findings […]

Fraud is Down in Jumio’s 2020 Holiday Fraud Report

December 15, 2020

Jumio is breaking with the conventional wisdom in its fourth annual Holiday New Account Fraud Report. The company found that new account fraud rates for its customers went down 23.2 […]

Behavioral Biometrics Can Fend Off Holiday Season’s New Account Fraud: BioCatch

November 18, 2020

BioCatch is forecasting a flurry of new account fraud ahead of the 2020 holiday season. The company specifically predicts that fraudsters will be trying to take advantage of changing customer […]

Behavioral Biometrics Can Spot Fraudsters’ Unfamiliarity with Personal Data: BioCatch

October 26, 2020

BioCatch is once again warning about the dangers of account opening fraud, and highlighting some of the countermeasures that financial institutions can use to prevent it. In that regard, the […]

FaceTec Sounds COVID-19 Cybersecurity Alarm

October 23, 2020

John Wojewidka is sounding the alarm in a new LinkedIn article that argues that the world could be facing a massive cybercrime spree if governments, businesses, and financial institutions do […]

BioCatch Examines Behavioral Predictors of New Account Fraud

August 6, 2020

BioCatch has released a short primer that looks at some of the predictive factors for new account fraud. The post specifically explains how behavioral analytics can offer a glimpse at […]

Banks Looking to Biometrics, Document Reading to Fight Fraud: Survey

March 19, 2020

OneSpan has published a new survey that suggests that safe and convenient digital onboarding is an increasingly important priority for major banks. The survey was published in collaboration with the […]

Jumio Report Shows Spike in New Account Fraud

December 13, 2019

Jumio has released its annual Holiday New Account Fraud Report, finding that new account fraud has doubled in the years since 2014, and increased 27.8 percent over 2018 alone. Fraud […]

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Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

TECH5 logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

HID logo

HID powers the trusted identities of the world’s people, places and things. Our trusted identity solutions give people convenient and secure access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people use HID products to navigate their everyday lives, and billions of things are connected through HID technology. https://www.hidglobal.com/

Prove Logo

As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with, and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. https://www.prove.com/

Recent Posts

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  • China Strives for Super SIMs – Identity News Digest
  • UK Parliament Passes a Potentially Impactful Bill – Identity New Digest

Biometric Associations

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