Identity verification Stories - Page 31

Global Stories

Identity verification stories

Study reveals SGD$2.4 trillion loss due to poor agreement management

New research by Docusign and Deloitte exposes the Agreement Trap, causing a global loss of SGD$2.4 trillion annually due to outdated agreement management systems.

By Shannon Williams • 4 min read • Thu, 25th Jul 2024

Chief Technology Officers

Encompass appoints Andrew Dunn as Vice President of Engineering

Encompass appoints Andrew Dunn as VP of Engineering, tasked with leading the strategic delivery of its CDI platform to enhance global banking solutions.

By Imee Dequito • 3 min read • Sun, 23rd Jun 2024

Biometrics

iProov earns first global FIDO certification for face biometrics

iProov becomes the world's first company to earn FIDO certification for face biometric verification, marking a key milestone in the push to reduce password reliance.

By Catherine Knowles • 3 min read • Tue, 11th Jun 2024

Digital Transformation

Entrust launches Citizen Identity Orchestration for governments

Entrust introduces its Citizen Identity Orchestration solution, enabling secure digital IDs for seamless government services amidst rising AI-driven fraud.

By Sean Mitchell • 3 min read • Tue, 11th Jun 2024

Hyperscale

HID integrates U.ARE.U camera system with Amazon Rekognition

HID integrates its U.ARE.U Camera Identification System with Amazon Rekognition, enhancing facial analysis and verification for self-service and POS environments.

By Shannon Williams • 3 min read • Wed, 5th Jun 2024

Application Security

Appdome launches SDKProtect to combat mobile app security risks

Appdome launches SDKProtect to bolster mobile SDK security, aiming to curb fraud and enhance compliance in the mobile app sector through threat-aware SDK versions.

By Catherine Knowles • 3 min read • Wed, 5th Jun 2024

Multi-factor authentication

Forrester report highlights 2024 IAM trends & AI impact

Forrester's 2024 IAM report highlights AI's growing role in security, the rise of passwordless authentication, and the emergence of B2B IAM solutions.

By Shannon Williams • 2 min read • Sun, 2nd Jun 2024

Gaming

UK among top deepfake targets as incidents soar globally

Surge in global deepfake incidents sees UK among the most-targeted nations as Sumsub reports a 245% annual rise, with elections exacerbating the issue.

By Shannon Williams • 3 min read • Fri, 31st May 2024

Data Protection

Exclusive: How Entrust is protecting digital identities

Entrust, serving 10,000 customers globally, fortifies digital identities and combats fraud through AI innovations, robust data privacy and bespoke hybrid work solutions.

By Tom Raynel • 3 min read • Wed, 15th May 2024

Partner Programmes

VerifyMy appoints Emma Robert-Tissot as first Head of Marketing

VerifyMy, a leader in online protection solutions has appointed Emma Robert-Tissot, ex-YouGov, to head their marketing, fuelling expansion while promoting child cyber-safety.

By Imee Dequito • 3 min read • Fri, 3rd May 2024

Email Security

AI scams prompt need for advanced fraud-detection technologies

Urgency grows for advanced fraud-detecting tech amid rising AI-backed scams, with a McDonald's scam highlighting the potential for proactive AI defence mechanisms.

By Catherine Knowles • 3 min read • Thu, 25th Apr 2024

Data Privacy

ServiceSeeking joins ConnectID for enhanced online security for SMEs

ServiceSeeking teams with ConnectID to boost online protection for SMEs via reliable identity verification, curbing fraud risks and fostering a trusted ecosystem.

By Catherine Knowles • 3 min read • Thu, 25th Apr 2024

Unified Communications

Smart card market projected to reach $24.2bn by 2034

The global powered smart card market is forecast to surge to $24.2bn by 2034, driven by enhanced functionality and advanced security features.

By Shannon Williams • 3 min read • Thu, 25th Apr 2024

Multi-factor authentication

Overcoming the threat of account takeover fraud

Cybercriminals are increasingly targeting online accounts in identity theft surge, with ATO fraud attacks increasing by over 350% in 2023, finds digital fraud management firm, Sift.

By Ashley Diffey • 4 min read • Mon, 11th Mar 2024

Data Analytics

DoubleVerify launches tiered brand suitability categories for MFA content

DoubleVerify launches nuanced, AI-powered brand suitability categories to optimise ad campaign performance, providing sites with a refined analysis for online MFA content management.

By Catherine Knowles • 2 min read • Fri, 16th Feb 2024

Stories from Other Regions

Identity verification stories

Cloud Services

ConnectID partners with Refundid to enhance refund process

ConnectID integrates Refundid, enhancing security and efficiency of refund processes by reducing sensitive data storage, and boosting consumer trust.

By Melania Watson • 3 min read • Tue, 23rd Jul 2024

Marketing Technologies

ANZ Plus launches digital identity service with ConnectID

ANZ Plus partners with ConnectID to launch a Digital Identity service, simplifying and securing identity verification for customers, enhancing data privacy and reducing fraud.

By Catherine Knowles • 3 min read • Wed, 19th Jun 2024

Cloud Security

Westcon-Comstor & Zscaler partner to boost ASEAN cybersecurity

Westcon-Comstor has teamed up with Zscaler to become the first distributor authorised to deliver Zscaler's cloud security services across Southeast Asia, enhancing regional security standards.

By Sean Mitchell • 2 min read • Tue, 14th May 2024

Biometrics

Report reveals 76% of banks face sophisticated fraud threats

Report reveals increase in fraud cases amongst banks, with money laundering, account takeovers, and AI-generated threats posing significant risks.

By Shannon Williams • 3 min read • Fri, 10th May 2024

Customer Experience

Australian businesses fortify defences amid rising financial fraud

Australian businesses tighten cyber defences amid a 354% surge in account takeover fraud, resulting in a record $3.1B loss, calling for strategies that balance fraud prevention with user experience.

By Catherine Knowles • 3 min read • Wed, 3rd Apr 2024