Identity verification

Synthetic identity fraud risks on the rise for credit unions

11/16/20

New analysis from SentiLink showed that the industry may be more vulnerable to some fraud threats than it realizes.

[more]

Barclays, Citi and other big banks invest in behavior biometrics firm

09/30/20

Four global banks have joined American Express Ventures in contributing to BioCatch’s Series C fundraising round and earning themselves seats on its newly formed Client Innovation Board.

[more]

Payfone rebrands, buys authentication tech from Early Warning

07/29/20

The company has renamed itself Prove and says that the acquisition will allow it to
help banks fine-tune their security procedures when serving customers.

[more]

Identity fraud is soaring. Here's how one lender is attacking it.

07/02/20

Axcess Financial is using stronger authentication, studying up on bad actors and planning to use a federal service that automates verification of Social Security numbers.

[more]

Will banks get caught up in facial recognition backlash?

02/18/20

Consumer advocates and policymakers are railing against use of the technology by government, universities and others. Banks using it for authentication need to tread cautiously, experts say.

[more]