identity verification

ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
December 19, 2024  |  Security & Fraud

Consumers who initially appear low risk based on basic bank account validation may be revealed to be fraudsters when analyzed with additional signals and insights,...

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Bureau Raises $30 Million for Anti-Fraud Campaign With PayPal Ventures’ Help
Bureau Raises $30 Million for Anti-Fraud Campaign With PayPal Ventures’ Help
December 18, 2024  |  Investments

Fraud prevention/compliance platform Bureau has raised $30 million in a Series B round. The new funding round, which included participation by PayPal Ventures, will help Bureau use artificial...

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Intellicheck Partners With Screening Software Company on Employee Background Checks
Intellicheck Partners With Screening Software Company on Employee Background Checks
December 10, 2024  |  Partnerships

Background screening industry platform provider Accio Data has teamed with identity verification company Intellicheck. The collaboration involves Accio integrating Intellicheck’s identity validation technology into its...

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Socure’s Friendly Fraud Fighting Consortium Hits Data Collection ‘Milestone’
Socure’s Friendly Fraud Fighting Consortium Hits Data Collection ‘Milestone’
December 05, 2024  |  Fraud Prevention

Socure says it has reached a milestone in its collaborative effort to combat “friendly fraud.” The identity verification firm last year formed the First-Party Fraud Consortium, a...

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44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
December 02, 2024  |  Consumer Insights

In recent years, digital wallets have become an essential tool for making online payments, but their uses are quickly expanding. In the U.K., nearly half...

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71% of German Consumers Used a Digital Wallet in the Past Year
71% of German Consumers Used a Digital Wallet in the Past Year
December 02, 2024  |  Digital Payments

Digital wallets have become a key tool for German consumers, especially for online shopping and banking. Consider that 71% of consumers in Germany used a...

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EC Adopts Technical Standards for EU Digital Identity Wallets
EC Adopts Technical Standards for EU Digital Identity Wallets
November 29, 2024  |  Digital Identity

The European Commission (EC) has adopted technical standards for cross-border European Digital Identity (eID) Wallets in the European Union (EU), saying this will help member states...

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ID.me Valued at $1.8 Billion Following Tender Offer
ID.me Valued at $1.8 Billion Following Tender Offer
November 25, 2024  |  Identity

ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a...

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Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
November 25, 2024  |  Mobile Wallets

The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure...

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