Fintech News

MAY 8, 2025

The rise of AI The report also identifies artificial intelligence (AI) as a growing trend in the Indian cybercrime landscape. with attackers increasingly leveraging AI to make identity-based attacks more sophisticated and pervasive. The surge of deepfakes The rise of AI has also led to a surge in deepfake attacks.

Data Breach

Segpay

NOVEMBER 26, 2024

Identity and Fraud Report” by Experian emphasizes the evolving fraud landscape and the necessity for businesses to implement multi-faceted digital identity verification strategies. These platforms often rely on a combination of multi-factor authentication (MFA), which may include passwords, biometric verification (e.g.,

Verification

Fintech News

MARCH 25, 2024

This growth suggests that threat actors continued to invest in new methods to target mobile banking apps, developing new tools and techniques to execute fraudulent transactions, steal funds and commit identity theft , the report says.

Mobile Banking

Segpay

DECEMBER 13, 2024

Striking the Balance Between ID Management and Data Protection In the digital age, where data drives everything from marketing strategies to AI algorithms, a growing number of citizens are worried about the protection of their personal data.

Privacy

Seon

SEPTEMBER 11, 2023

As neobanks evolve, the one downside of their innovation is that it opens up many new methods of attack for fraudsters, such as identity theft, fraud rings, and account takeover attacks. Identity theft: Scammers can commit identity theft by using methods like phishing and vishing to impersonate genuine users.

Identity Theft

Seon

JANUARY 29, 2024

It is also considered a form of identity theft, because it happens when someone logs into an account that isn’t theirs to exploit it. Educate your users: Remind users to prioritize password security, encourage the use of multi-factor authentication (MFA), and suggest the use of VPNs on public Wi-Fi networks.

Account Takeovers

Segpay

DECEMBER 19, 2024

Instead of managing identity infrastructure in-house, businesses can leverage third-party identity providers that specialize in identity management, centralizing their user identities. Jumio (Austria, UK) Jumio is a global leader in identity verification with European offices in Austria and London.

Verification