Identity Theft

Identity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other benefits in the other person's name, and perhaps to the other person's disadvantage or loss.

Source: consumer.ftc.gov

71% Of Businesses to Add Transaction Alerts, ID Verification to Anti-Fraud Strategies

71% Of Businesses to Add Transaction Alerts, ID Verification to Anti-Fraud Strategies
71% Of Businesses to Add Transaction Alerts, ID Verification to Anti-Fraud Strategies
February 24, 2022  |  Fraud Prevention

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Had It With Passwords? Two-Thirds of Consumers Are Done With Antiquated Authentication
Had It With Passwords? Two-Thirds of Consumers Are Done With Antiquated Authentication
February 14, 2022  |  Authentication

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PYMNTS Intelligence: The Problems of First- and Third-Party Fraud in the Digital Ecosystem
PYMNTS Intelligence: The Problems of First- and Third-Party Fraud in the Digital Ecosystem
February 08, 2022  |  Fraud Prevention

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BOXX Insurance Teams With Equifax for Identity Theft Protection
BOXX Insurance Teams With Equifax for Identity Theft Protection
December 07, 2021  |  Cybersecurity

Cyber insurer BOXX Insurance is teaming up with Equifax to offer $1 million in identity theft protection coverage as holiday shopping gears up for record...

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Digital IDs Make the Great Grocery Balancing Act Possible
Digital IDs Make the Great Grocery Balancing Act Possible
November 01, 2021  |  Authentication

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Deepfakes Challenge Existing Identity Verification Tech
Deepfakes Challenge Existing Identity Verification Tech
October 21, 2021  |  Cybersecurity

Hollywood-style image manipulation that used to require a huge investment and a team of talented people with above-average expertise can now be attained by anyone...

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Report: How ING Group Is Using AI To Fight Financial Crime
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020  |  Fraud Prevention

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts...

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CFPB Consumer Complaints Up 50 Pct During Pandemic
CFPB Consumer Complaints Up 50 Pct During Pandemic
July 20, 2020  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has recorded record-high numbers of complaints every month since the pandemic hit in mid-March, according to a press release...

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