fraud-prevention
BusinessKeeping up with the times: Why eCommerce businesses need to prioritise their fraud prevention and detection transformation
BankingFalse positives: What impact do they really have?
FinancePreventing zelle fraud through behavioral biometrics
TechnologyWhy anti-spoofing fingerprint technology is essential for the continued growth of digital payments
Digital identities: The innovation of the decade?
Date: July 11, 2022
By Matthew Peake, Global Director of Public Policy, Onfido Before the digital economy transformed how consumers interact with products and services, the way businesses managed and verified their customers’ identities remained relatively stagnant. For many organisations, the default process was to ask a user to show a physical document like a paper ID, or to...
ID&V and Covid-19: A case study for the financial services sector
Date: July 7, 2022
By Colum Lyons, CEO and Founder, ID-Pal Throughout the coronavirus pandemic, governments around the world rushed to offer unprecedented levels of financial support to businesses and individuals. In the UK, between May 2020 and March 2021, £47 billion was loaned to over one million companies to help them survive the pandemic. This came in the...
AI – the hidden weapon in the battle against financial crime
Date: June 22, 2022
By Neil Murphy, Global Channels Chief, ABBYY Fraud is a million-pound problem with one in fifteen people falling victim every year, making it one of the most common crimes in the UK. To combat financial crime, the industry has been investing heavily in its security system, fraud prevention initiatives and technology. However, the financial criminals are continuously...
Banks will need new cybersecurity muscles to protect consumers in the metaverse
Date: June 13, 2022
By Kevin Gosschalk, Founder and CEO, Arkose Labs A few banks have started to plough ground in the metaverse. But are banks aware of how consumer security would play out in the metaverse? Is there something they can learn from their gaming peers in digital account security? Read on to learn more Given the monetization...
Protecting your business (and your customers) when operating online
Date: May 20, 2022
With the rise of online fraud, it has become exceedingly important for entrepreneurs to know how to keep their businesses and their customers safe in today’s digital world. With the pandemic occurring, all businesses have now moved online which made things easier and harder almost simultaneously. The great thing is that we have more options...
The online safety bill and the case for a digital identity utility
Date: May 16, 2022
The UK government’s updated Online Safety Bill is finally set to become law. But while the legislation has been welcomed by banks and consumers, more specificity will be needed if the UK is to become “the safest place to go online” writes Martin Wilson, CEO of Digital Identity Net. On April 19, the Online Safety Bill,...