synthetic identity fraud

Acuant Announces Enhanced Image Capture and Liveness Test

Acuant Announces Enhanced Image Capture and Liveness Test

Acuant, a global provider of identity verification solutions, announced Friday it has enhanced its image capture and liveness detection technologies, that form the core of their key services Acuant AssureID and Acuant Face. Their image capture services allow for the automatic recognition of the document type being presented, being able to distinguish between a driver’s…

Federal Reserve Sounds Alarm About Synthetic Identity Fraud

Federal Reserve Sounds Alarm About Synthetic Identity Fraud

The US Federal Reserve System has released a new White Paper that calls attention to the growing threat of synthetic identity fraud. The paper defines a synthetic identity as one that combines false information – such as a fake name or date of birth – with legitimate information like a social security number that has…

Behavioral Biometrics Offers Powerful Tool Against Synthetic Identity Fraud: BioCatch

Behavioral Biometrics Offers Powerful Tool Against Synthetic Identity Fraud: BioCatch

Synthetic identity fraud is on the rise, and behavioral biometrics technology offers a powerful countermeasure, argues BioCatch’s Daniel Shkedi in a new post on the BioCatch blog. The idea of ‘synthetic identities’ essentially refers to the creation of fake identities based on stolen and fictitious personal data, such as the combination of a fake name…