Remove Fraud Prevention Remove Identity Theft Remove Security
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Sumsub Launches Australia DVS Verification for Secure ID Checks

Fintech News

By integrating with DVS, Sumsub ensures compliance with local anti-money laundering (AML) and Know Your Customer (KYC) regulations while reducing fraud and streamlining onboarding through automation. This integration allows both new and existing clients to verify Australian users more efficiently while enhancing security.

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Cybertech: Securing the Foundations of Finance

Fintech Review

It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption. Cybertech refers to the suite of digital tools designed to secure networks, systems, and users from cyber threats. New features can be launched with confidence that systems will remain secure.

Finance 59
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The platform risk paradox: Managing digital commerce fraud at scale

The Payments Association

How digital commerce platforms manage escalating fraud risks while scaling operations. Rising fraud, complex regulations, and evolving threats are straining platforms’ ability to grow securely. A shift toward AI-driven, integrated fraud management systems aligned with tightening UK regulations. Why is it important?

Risk 88
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HPS and Enigma Join Forces to Revolutionise Fraud Detection With AI

Fintech Finance

This partnership combines Enigma’s advanced AI capabilities with HPS’s comprehensive payment platform, offering clients unprecedented security and efficiency in navigating the complexities of modern payment systems. Together with HPS, were setting a new benchmark for fraud prevention and compliance.

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Biometrics are UK Consumers’ Favourite Security Measure as Desire For Fraud Protection Increases

The Fintech Times

The need and desire for fraud protection has evolved. Once simply viewed as a necessary overhead, good fraud prevention measures are now a very strong way of obtaining new customers and keeping existing ones. Biometrics were a top choice for security measures with 68 per cent preferring to use fingerprints.

Consumer 122
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Sumsub Bolsters Presence in Southeast Asia with New Partnerships

Fintech News

Sumsub, a global verification provider, has announced strategic partnerships with several resellers in Southeast Asia including Nexus Technologies in the Philippines, PT Secure Pasifik Teknologi in Indonesia, and Spectrum Edge in Malaysia. As Southeast Asia’s digital economy continues to grow, so do opportunities for fraudsters.

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The Rise of Synthetic Identity Fraud in Financial Services

Fi911

Synthetic identity fraud represents the fastest-growing financial crime in the United States, yet many financial institutions still struggle to detect it. Unlike traditional identity theft where criminals steal existing identities, synthetic identity fraud involves creating new identities by combining real and fabricated information.