First-party fraud is rife, costing over $100 billion a year. Many say they're accidental, but data sharing could stop repeat offenders.
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The importance of liveness detection was one positive development arising from the COVID-19 pandemic. It’s an essential feature of a biometric-based security strategy, iProov chief product and innovation officer Joe Palmer said.
As artificial intelligence (AI) provides new tools to criminals, Incognia's tools are 17 times more effective than facial recognition.
Real-time payments systems have globally increased the threat of related fraud. Will FedNow follow the trend?
While statistics vary year by year, there was a 79 percent increase in document fraud in 2022. Such a number doesn't come as a surprise to Inscribe fraud analyst Daragh McMeel. A rise in fraud rates often occurs when the economy travels an uncertain and difficult path.
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While many security companies can make a strong lock for your front door, DataVisor co-founder and CEO Yinglian Xie said focusing on every area of the house is a much more effective strategy.
Fraud is a significant challenge for lenders, impacting both operational efficiency and financial stability. Legacy methods for detecting fraud are proving to be inadequate in the face of new techniques, so AI-powered detection is needed.
Experian's fraud prevention data network, in existence since 1991, will be available for use in North America later this year.
In an era where digital fraud is on the rise, trust becomes the cornerstone of customer relationships. Learn how to enhance customer experience without sacrificing security in this new white paper.
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Serial fraud is becoming a major problem for financial institutions today as criminals use automation and scale like never before. This white paper provides actionable steps to combat serial fraud.