Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported Saturday (Aug. 24), citing unnamed sources. One source said the deal could be worth as much as $925 million, while...
Earlier this year, hackers stole the data of 2.9 billion people from a broker. Now, that breach threatens to usher in a wave of identity fraud and other crimes, Teresa Murray, consumer watchdog director for the U.S. Public Interest Research Group, said in a recent...
ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with a selfie from any device in less than two seconds. “Identity verification isn’t a one-time event. As consumers interact...
Credit union service organization Velera has introduced an identity security/authentication tool. IDCheck by Co-op, announced Thursday (Aug. 1), is available to members of the Co-op Shared Branch network, which lets credit union members conduct transactions at partner credit unions throughout the country. “With the increase...
June 26, 2024
Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information. “People don’t realize how easy it is to steal your identity. If I can get your social media account or your email, I can change everything about your life,” he […]
May 21, 2024
Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a double-edged sword. While necessary for...
April 14, 2023
Banks face increasing consumer demands for personalized advice and tools to manage their finances amid economic challenges. Just 44% of customers believe their banks support them during difficult economic times,...
January 03, 2023
Retail call centers are the front line of consumer queries and the favorite new target for identity fraud. Daniel Flowe, head of identity strategy at Refinitiv, told PYMNTS that while...
August 25, 2024
Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported Saturday (Aug. 24), citing unnamed sources. One source said the deal could be worth as much as $925 million, while another said the value could be markedly less. The report […]
August 18, 2024
Earlier this year, hackers stole the data of 2.9 billion people from a broker. Now, that breach threatens to usher in a wave of identity fraud and other crimes, Teresa...
August 08, 2024
ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with a selfie from any...
August 01, 2024
Credit union service organization Velera has introduced an identity security/authentication tool. IDCheck by Co-op, announced Thursday (Aug. 1), is available to members of the Co-op Shared Branch network, which lets...
