PYMNTS

SEPTEMBER 17, 2020

Identity verification provider Jumio found in its Global Trust and Safety Survey that one in five U.S. The sharing economy — a market projected to be valued at more than $300 billion by 2025 — can adopt a number of different digital identity verification tools to help build that trust, however. . Seamless, Secure Onboarding .

Verification 89

Verification Authentication Economy Data Breach 89

PYMNTS

MAY 14, 2020

Technology firms worldwide are working to meet the growing demand for reliable, remote and digital ID verification. The bots help streamline the PPP application process for small- to mid-sized businesses (SMBs) by making it as simple as it is to apply for any other loan with their FIs. About The Tracker.

Identity Theft 98

Identity Theft AI Federal Trade Commission Verification 98

The Paypers

SEPTEMBER 6, 2024

Global technology company specialising in identity verification and management AU10TIX has launched its Q2 2024 Global Identity Fraud Report, which highlights substantial trends in large-scale organised identity fraud.

Bots 69

Bots Automation Verification Technology 69

PYMNTS

AUGUST 5, 2020

Fraudsters are also turning to emerging technologies to help them skim some money from digital gaming and gambling platforms as well, with another study finding that fraud involving malicious bots are also on the rise. One form of technology that could help to mitigate some of the rising forms of fraud on gaming platforms is biometrics.

Bots 111

Bots Authentication Identity Theft Void 111

Fintech News

MARCH 20, 2024

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution. This tool is designed to help businesses tackle fraud rings, account takeovers, chargeback fraud, and bot attacks.

APACS 111

APACS Fraud Prevention Deepfake Account Takeovers 111

PYMNTS

AUGUST 11, 2020

The product will also, the company said, protect against identity assumption, bot quotes, and “ghost brokering,” which is when fraudsters use fake documents. Kount’s fraud protection platform increases profitability and reduces fraudulent claims with digital identity verification and advanced artificial intelligence.”.

Product 93

Product Fraud Prevention Bots Verification 93

PYMNTS

SEPTEMBER 24, 2020

In a Masterclass interview with PYMNTS, Tom Donlea , vice president and general manager, APAC at global identity verification provider Ekata , said Asia offers greenfield opportunities — and some areas of risk — for merchants looking to offer digital wallets.

APACS 98

APACS Risk Online and Mobile Banking Verification 98

PYMNTS

JULY 24, 2020

As the chief technology officer of identity verification solution provider Mitek , he said he knows that question had an easy answer in the past. continues, he urged businesses to find new approaches to adopting identity verification. For Stephen Ritter , the question “Who are you?” has never been more important.

Verification 83

Verification Authentication Phishing Bots 83

The Fintech Times

AUGUST 17, 2024

Experian’s identity verification and fraud prevention solutions helped clients avoid an estimated $15billion in fraud losses globally last year. This view arms companies with a proactive, first line of defense to detect sophisticated fraud rings and bot attacks. Jack Alton, CEO at NeuroID “We are in a new era of fraud driven by AI.

Risk 59

Risk Bots Fraud Detection Identity Theft 59

Finextra

MARCH 20, 2024

Sumsub, a leading global full-cycle verification platform, commits to tackling the alarming surge of fraud networks in Asia-Pacific (APAC) by launching its upgraded Fraud Prevention Solution.

Fraud Prevention 52

Fraud Prevention Account Takeovers Bots APACS 52

Finovate

AUGUST 14, 2024

Digital identity verification innovator Socure has unveiled its Selfie Reverification solution. Built on the company’s Document Verification (DocV) solution, Selfie Reverification also detects signs of deepfaking, and readily identifies age discrepancies between the photo and the credential.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

PYMNTS

FEBRUARY 13, 2020

Theoretically – but not actually.

Authentication 98

Authentication Bots Identity Theft Mitigation 98

Payments Source

JANUARY 25, 2018

There are a number of tactics and solutions organizations can employ to shut down the favored methods of fraudsters, including the use of bots and device compromise, writes Michael Lynch, chief strategy officer at InAuth.

Breach 70

Breach Bots Compromise Accounts 70

CB Insights

JANUARY 9, 2018

Distil offers an end-to-end solution for companies to gain complete visibility and control over “human, good bot, and bad bot traffic” — all of which can be potent distribution engines for misinformation. Distil also specializes in bot detection and blocking. DIGITAL SHADOWS. Total Disclosed Funding: $48M.

Bots 61

Bots Cybersecurity Blocks Encryption 61

PYMNTS

FEBRUARY 13, 2020

Card issuers are fielding new technologies and utilizing next-gen identity verification technology to expose the fakers and make social media — and the wider digital domain — safe for kitten vids and funny memes again. Private industry and government agencies have had enough, and they’re mobilizing.

Verification 60

Verification Card Issuer Phishing Bots 60

The Paypers

SEPTEMBER 13, 2024

AU10TIX , a global technology identity verification and management provider, has today released its Q2 2024 Global Identity Fraud Report.

Bots 36

Bots Verification Automation Technology 36

PYMNTS

OCTOBER 27, 2019

Jumio has announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution. Jumio Go leverages the power of big data and big AI to equip modern enterprises with instant online identity verification that delivers a simple and intuitive experience for good customers.

AI 41

AI Verification Money Laundering AML 41

PYMNTS

DECEMBER 5, 2019

But the stats show the rise of a cottage industry (now focused on political figures, celebrities and, perhaps predictably, pornography) that could become a cybersecurity challenge, as seen from an identity verification perspective. But the technology is already extremely solid. It’s like a Hollywood special effect.”.

Deepfake 55

Deepfake Verification Authentication AI 55

PYMNTS

JUNE 29, 2020

These credential abuse attacks come in a variety of forms, with some hackers choosing to overwhelm API defenses with simultaneous logins from a host of bots and others using more targeted techniques like phishing individual API developers and using their login credentials. There were 85.42 million were aimed at the financial industry.

MFA 96

MFA Risk Security API 96

PYMNTS

OCTOBER 30, 2019

In this month’s feature story, Garnett explains how to use machine learning tools to detect early signs of fraud, as well as provide customers with verification options and safety tips to keep themselves — and their money — safe. Deep Dive: Increasingly Advanced Bots Face Off Against Increasingly Sophisticated Defenses.

Bots 40

Bots FBI Cross-Border AI 40

PYMNTS

AUGUST 10, 2020

Many fraudsters are attempting to skim advertising dollars by duplicating apps and restoring ads, while others are targeting rewards systems by using bots to give them unfair advantages in matches, providing phony GPS locations or changing game criteria,” states the Digital Identity Tracker®. Gaming the System.

Credential 56

Credential Account Takeovers Authentication Duplicate 56

PYMNTS

FEBRUARY 15, 2017

Even physical bank branches could become irrelevant, as some banks, such as Austria’s Erste Bank und Sparksassen, offer a service that enables customer identify verification using video chat instead of requiring a visit to a physical bank office.

Bots 48

Bots ATM Credit Cards Verification 48

The Payments Association

MAY 7, 2025

AI also creates synthetic identities that combine real and fake information, enabling fraudsters to bypass traditional identity verification systems. E-commerce and Subscription Services: Deepfake videos and social engineering attacks are tricking customer support teams into issuing refunds and approving chargebacks.

Risk 88

Risk Disputes Debit Card Cross-Border 88

Seon

MAY 28, 2024

Focusing on combating key issues like bonus abuse, multi-accounting, bot activity and affiliate fraud, we’ll examine the attack vectors that can diminish trust and financial stability if they are not addressed efficiently. Can You Spot the Bot?

Security 52

Security Bots Fraud Prevention AML 52

PYMNTS

JUNE 12, 2019

While Google automatically blocks the majority of unauthorized sign-in attempts, adding 2-Step Verification (2SV) considerably improves account security. “Compromised credentials are one of the most common causes of security breaches. Since the introduction of 2SV, Google said, 100,00 users are using their Android devices as a security key.

Authentication 49

Authentication Phishing Bots Credential 49

PYMNTS

APRIL 23, 2020

SMB credit analytics firm Paynet announced the launch of PayNet P3 Data Pack , a platform that helps lenders streamline PPP loans to SMBs by automating the borrower verification process. Wielding its database of SMB information, the portal eases identification and underwriting for PPP lenders to accelerating funding. Citizens Bank Of Edmond.

FinTech 56

FinTech Automation Bots Community Banks 56

Fintech News

APRIL 28, 2024

They enable payment verification and fund settlement between merchants and users in both push payment and pull payment modes through smart contracts and zero-knowledge proof technology without relying on centralized key management institutions. Day 1 of Money20/20 Asia 2024 showcased a series of insightful sessions and discussions.

Payment APIs and Integration 119

Payment APIs and Integration Cross-Border Cross-Border Payments Financial Inclusion 119

Fintech News

OCTOBER 28, 2024

Additionally, SmashFi provides an automated trading bot to help increase the user’s Bitcoin holdings. ALGOGENE (Hong Kong) ALGOGENE is the next-gen investment platform for learning, developing, testing, executing and investing trading bots. DigiChain Innovations (Australia) DigiChain Innovations is a full-fledged web 2.0

FinTech 119

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 119

Nanonets

AUGUST 16, 2024

  With automation, insurers can automate repetitive tasks such as manual data entry and document verification, speed up claim processing to increase efficiency and accuracy and minimize errors and fraud. Review and verification Insurance providers then examine the policy terms and collect further proof and documents.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

PYMNTS

JUNE 13, 2019

Fraudsters are getting more sophisticated, making use of bots to mimic typical online shopping behavior. After Neiman Marcus identified a bot attack, the hackers started including mouse movements to fool detection systems. These are patterns that would not be visible to the naked eye.”. acquire personal data via account takeovers.

AI 44

AI Account Takeovers Fraud Detection Online and Mobile Banking 44

Nanonets

AUGUST 1, 2023

However, auditors often utilize technology from various sources to perform verification, archiving, and extrapolating functions, resulting in repetitive and labor-intensive tasks that vary from one engagement to another. Robotic Process Automation (RPA) : Robotic Process Automation (RPA) is a game-changer for internal audit automation.

Audit 52

Audit Automation Bots Risk Assessment 52

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. You can also look for successful authentication measures, such as OTPs, biometric verification, or MFA confirmations. How do two-factor authentication and “3-D secure” protect payment information?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

FICO

NOVEMBER 2, 2021

Top-performing digital collections technology should easily co-ordinate a full range of omnichannel customer contact channels, including social media, text, mobile apps, chat-bots and automated telephone calls. This is one of the fundamentals of digital-first collections.

Returns 52

Returns Bots Automation Mitigation 52

Seon

MAY 8, 2024

Chargeback & Friendly Fraud Prevention Combining device intelligence with digital footprinting strengthens identity verification processes and aids in discerning customers’ genuine intentions. This is where you can integrate residential proxy detection to bolster bot attack mitigation.

Online and Mobile Banking 52

Online and Mobile Banking Fraud Prevention Account Takeovers Bots 52

PYMNTS

MARCH 10, 2017

Put together, the suite will enable businesses to customize their customer service programs via bots and voice control. The combined power of the bots and digital assistant mean that the suite of tools can learn and adapt to the industry for which it handles calls. Here, voice ID functionality is a double-edged sword.

Bots 40

Bots Verification Privacy User Authentication 40

Nanonets

SEPTEMBER 27, 2024

These diverse data sets require careful aggregation and verification, making the process slow and error-prone. For example, an RPA bot can automatically check a client’s KYC details against global sanction lists (OFAC) before policy approval. Ensuring compliance with standards such as AML/KYC, GDPR, or OFAC is critical!

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

FICO

JUNE 20, 2019

The ‘want it now’ culture of today’s consumer means that the technologies we all love to use for their convenience make it easier for fraudsters to do what they do, e.g., bots designed to test login credentials or to generate customer orders using stolen or synthetic identities. An increasing amount of data breaches across all industries.

Account Takeovers 45

Account Takeovers Verification Data Breach Bots 45