identity fraud

FinCEN Warns Banks to Watch for Passport Card Fraud
FinCEN Warns Banks to Watch for Passport Card Fraud
April 15, 2024  |  Security & Fraud

Federal authorities are warning banks against the rising threat of passport card fraud. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department...

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Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
October 23, 2023  |  Security & Fraud

Socure has launched its first-party fraud solution, Sigma First-Party Fraud, along with the First-Party Fraud Consortium (FPFC). Together, these solutions aim to help companies detect and prevent...

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Plaid Launches Anti-Fraud Network
Plaid Launches Anti-Fraud Network
June 22, 2023  |  Identity theft

Plaid has launched a collaborative network designed to stop “the chain reaction of identity fraud.” The new Plaid Beacon network is open to FinTechs, financial institutions of all...

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Digital Platforms Give Banks New Testing Ground for Personalized Experiences
Digital Platforms Give Banks New Testing Ground for Personalized Experiences
April 14, 2023  |  Digital Banking

Banks face increasing consumer demands for personalized advice and tools to manage their finances amid economic challenges. Just 44% of customers believe their banks support...

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Call Centers Become Prime Target for Identity Fraud
Call Centers Become Prime Target for Identity Fraud
January 03, 2023  |  Security & Fraud

Retail call centers are the front line of consumer queries and the favorite new target for identity fraud. Daniel Flowe, head of identity strategy at...

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Apple CEO Tim Cook Apprehensive of Japan App Store Regulation
Apple CEO Tim Cook Apprehensive of Japan App Store Regulation
January 02, 2023  |  Apple

Tim Cook met with Japan’s PM over concerns of the country’s possible app store regulations. The Apple CEO met with the Japanese Prime Minister Fumio...

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Diverse Data Sets Help Tackle Fraud Without ‘Unnecessary’ Payment Friction
Diverse Data Sets Help Tackle Fraud Without ‘Unnecessary’ Payment Friction
December 21, 2022  |  Security & Fraud

Analysis of a variety of data sets is central to tackling online fraud without creating customer friction. As the digital economy grows and evolves, fraudsters...

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Intelligent Tech Balances Customer Convenience With Identity Theft
Intelligent Tech Balances Customer Convenience With Identity Theft
December 19, 2022  |  Identity

Identity theft and other types of fraud will become even more widespread in 2023. That’s according to the latest report released by the Identity Theft...

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An Insider on Why Banks Must Collaborate to Stay Ahead of Fraud
An Insider on Why Banks Must Collaborate to Stay Ahead of Fraud
December 15, 2022  |  Digital Identity

With a single fake identity, bad actors can wreak havoc by going from bank to bank and exploiting it for all they can get. In...

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