ID verification

Spike in Identity Fraud Forces Banks to Embrace Innovation
Spike in Identity Fraud Forces Banks to Embrace Innovation
April 23, 2024  |  Security & Fraud

To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions...

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Phone Number Data Expands Fraud Prevention Arsenal
Phone Number Data Expands Fraud Prevention Arsenal
April 22, 2024  |  Fraud Prevention

While digital identities incorporate various data points such as name, email and physical address, phone numbers are swiftly emerging as the predominant means of identification. ...

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Prove Adds ID Verification Tools to AWS Marketplace
Prove Adds ID Verification Tools to AWS Marketplace
April 16, 2024  |  Identity

Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce...

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States Embrace Mobile Driver’s Licenses to Fight Fraud Amid Privacy Scrutiny
States Embrace Mobile Driver’s Licenses to Fight Fraud Amid Privacy Scrutiny
April 09, 2024  |  Identity

In an era dominated by smartphones, the necessity of carrying physical driver’s licenses or ID cards may soon become obsolete. Across the United States, the...

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OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
March 29, 2024  |  Security & Fraud

OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out.  The company said this while...

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Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
March 27, 2024  |  Identity

Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry.  This collaboration will bring together banking solutions from Sandbox Banking...

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RealPage and Plaid Team to Curb Rental Fraud
RealPage and Plaid Team to Curb Rental Fraud
March 27, 2024  |  Fraud Prevention

Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud.  The new offerings, announced Wednesday (March 27), will be available with the company’s OneSite and...

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Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication
Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication
March 22, 2024  |  Cybersecurity

As traditional forms of identification prove increasingly inadequate in the digital space, the necessity for innovative and secure solutions becomes evident.  Remote Identity Proofing (RIDP),...

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Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
March 18, 2024  |  Biometrics

Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries.  From fingerprint scans to facial recognition and iris...

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