Card theft and account breaches remain major threats, but some of today’s fastest-growing fraud schemes begin earlier by targeting identity itself. Criminals increasingly use artificial...
IDScan.net, a provider of identity verification models, has posted a notification of data security incident on its website. In the notification, IDScan.net said it received...
There’s a potentially massive driver’s license breach now under FBI investigation. The most consequential impact of the breach isn’t simply its size. It’s what may...
Know-your-customer (KYC) checks are expensive partly because a bank isn’t simply verifying an identity. Compliance teams have to collect information from documents, reconcile it across...
Faster payments leave businesses with less time to discover whether the account at the other end belongs to the wrong person, contains bad information or...
Financial firms have confidence to spare in digital identity systems, even when the results leave plenty of room for improvement. The January 2026 PYMNTS Intelligence...
A Financial Crimes Enforcement Network (FinCEN)-observed pilot is testing whether completed customer verification work can be documented in standardized records and evaluated by other financial...
Watch more: Need to Know With Visa’s Michele Herron The new American shopper can tell an artificial intelligence platform precisely what she wants, compare the...
Watch more: Verified Once, Trade Everywhere: Turning KYC Into a Growth Engine Identity verification has a peculiar economics problem: The controls designed to keep the...