Source: consumer.ftc.gov
Plaid has launched a collaborative network designed to stop “the chain reaction of identity fraud.” The new Plaid Beacon network is open to FinTechs, financial institutions of all...
The Biden administration wants congressional approval for a $1.6 billion plan tackling COVID-related fraud. The proposal, announced Thursday (March 2), would prosecute people who committed...
Streamlined digital account opening is a must-have for all financial institutions (FIs). A critical step in that process is the login experience, for which customers...
Identity theft and other types of fraud will become even more widespread in 2023. That’s according to the latest report released by the Identity Theft...
A recent study found that businesses lost $52 billion to identity fraud in 2021, a shocking 79% increase year over year. This fraud was split...
Identity fraud has been growing in recent years and had a notable increase in 2021. Identity theft alone accounted for $56 billion in losses that...
User authentication is a critical tool for any organization that deals in personal or financial information, as identity theft runs rampant in the modern business...
Recent data from PYMNTS shows many companies aren’t accepting new business due to a fear of potential fraud. The reasoning behind their hesitance may be...
The increased global penetration of mobile devices has transformed how consumers transact with their preferred financial institutions (FIs), merchants and service providers. As consumers’ lives...