identity verification

States Embrace Mobile Driver’s Licenses to Fight Fraud Amid Privacy Scrutiny

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  |  Digital 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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Entrust Acquires Onfido Amid Jump in ID Fraud
Entrust Acquires Onfido Amid Jump in ID Fraud
April 09, 2024  |  Partnerships

Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric...

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Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
April 09, 2024  |  Fraud Prevention

When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story....

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FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
April 04, 2024  |  Banking

The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. And...

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AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says Intellicheck’s Lewis
AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says Intellicheck’s Lewis
April 02, 2024  |  Cybersecurity

The fallout from the massive data breach at AT&T — where information tied to 73 million current and former account holders was leaked — has...

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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  |  Cybersecurity

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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FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
March 28, 2024  |  Legal & Regulation

The Financial Crimes Enforcement Network (FinCEN) requested comments on its Customer Identification Program (CIP) requirements for banks. The agency is exploring ways to modernize these requirements and...

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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  |  Digital 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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