Identity verification

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.

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Online lenders confront deepfake threat

01/28/20

Some fraudsters pose as loan applicants and submit doctored video or photos of property and assets to scam lenders they won't see in person. Firms like Elevate Funding and Credibly are fighting back.

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'Everything is breakable': Why BBVA wants to ditch passwords

01/14/20

The bank is investing in a new authentication platform because password-based security systems have too many weaknesses, says Juan Francisco Losa, BBVA’s global head of security architecture.

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More regulation's needed to protect biometrics

01/03/20

The current climate is akin to the Wild West, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter.

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Expect 'a lot more dismantling': A fintech entrepreneur's vision for 2020

12/30/19

Jason Gardner, founder and CEO of the card issuer Marqeta, discusses his experiences in starting up multiple fintechs and makes predictions for the new year.

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Congress needs to hurry up on data protection

10/30/19

Consumer identities are becoming increasingly digital and more prone to privacy risks. Lawmakers cannot sit idle.

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Stop marketing to women and start designing for them

10/15/19

Companies are turning off prospective customers and employees with misguided approaches.

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Fake ID fraud is declining, but small lenders are still vulnerable

10/08/19

Though synthetic identity fraud is down across the industry, there's been an uptake in such attacks targeting credit unions.

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Data aggregators push back against notion they have a fraud problem

09/30/19

Fincen and others say third parties are proving to be treasure chests for crooks who create synthetic identities, but aggregators argue they help detect risk banks can’t see.

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N.Y. regulator voices objections to CFPB's debt collection plan

09/18/19

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

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