Identity verification stories
Online fraud attempts nearly quintupled on Black Friday, forcing retailers to tighten checks and risking cart abandonment during peak sales season.
Most anti-fraud experts report a surge in AI-driven fraud, yet under 10% feel prepared to combat rising deepfake and synthetic identity threats.
Choosing between edge and server facial recognition architectures hinges on balancing performance, security, and connectivity for effective access control.
3DiVi has launched a free online deepfake detector offering frame-by-frame video analysis without the need for specialist software, aiding verification and compliance.
AI-driven digital fraud, including deepfakes and fake personas, could cost firms USD $11.5 billion globally by 2027, outpacing traditional defences.
TechJutsu has launched OrgVerify, a platform that helps firms authenticate outbound calls to combat rising phone fraud and protect customer trust.
Retailers risk losses up to USD $500,000 from AI-driven fraud this Black Friday as bot attacks exploit security gaps in account creation and login processes.
Secure data sharing via Consumer Data Right and Digital ID could streamline real estate processes, easing rental applications and boosting privacy in Australia's market.
With AI fakes on the rise, owning verifiable, private credentials is key to protecting your identity and proving your truth online in 2025.
In 2026, ICANN will reopen applications for new generic top-level domains, offering brands a rare chance to own and control their digital identity online.
Snapchat users in Australia can now verify they are over 16 via banking apps, protecting privacy by avoiding data sharing or uploading identity documents.
Unmio has secured USD $175,000 from the J.M.K. Innovation Prize to scale privacy-focused data tech for vulnerable communities and social impact groups.
HID has launched Amico facial recognition readers for smart buildings in Southeast Asia, enhancing secure, contactless access with digital identity integration.
Entersekt launches Orkestrate API, helping banks cut fraud risk worth USD $40 billion by simplifying digital authentication with a single integration.
AI-driven identity fraud in the UK has surged over 2,100% since 2021, with synthetic identities risking a £4.2 billion cost by 2027 without stricter screening.
Cleanverse International launches a compliance-native layer in Singapore, linking verified identities to stablecoins for regulated, traceable on-chain finance.
Proximus Global and EnStream have launched an API to help Canadian firms verify if mobile numbers have been reassigned, combating recycled phone number fraud.
New UK rules require company directors to verify identity, but with under 15% compliance, experts warn fraud risks and operational strains on banks loom large.
ECCTA's mandatory ID verification poses major compliance and liability risks for UK law firms, with millions facing deadlines to avoid fines and penalties.
Companies House's 12-month rollout of director ID checks risks burdening banks with costly double-checks amid potential gaps in company verification.