FICO

OCTOBER 30, 2017

Identity theft is growing at an exponential rate, leading to a rise in application fraud. Javelin Research reported a 17% rise in reported US identity theft victims , from 13.1 Identity theft, also known as third-party fraud losses, is just the tip of the iceberg. million to 15.4 Am I missing a topic?

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Identity Theft Account Takeovers Best Practices Data Breach 72

PYMNTS

AUGUST 27, 2018

To help parents protect against child identity theft, Experian is rolling out a Child ID scan. The service comes as 1 million children had their identities stolen last year, and Experian has designated Saturday (Sept. 1) as Child Identity Theft Awareness Day, the company said in an announcement.

Identity Theft 40

Identity Theft Social Security Consumer Protection Credit Cards 40

FICO

AUGUST 1, 2019

With the rapid rise of data breaches around the globe, the fear of identity theft is at an all-time high. What does it have to do with identity theft? Just yesterday, I received an anxious phone call from my neighbor asking what she should do to protect herself. But why did I suggest this service to my neighbor?

Identity Theft 40

Identity Theft Credit Cards Account Takeovers Data Breach 40

Finezza

MARCH 4, 2024

To keep up with the pace, lenders are seeking cutting-edge solutions to help deal with modern challenges, such as identity thefts, while ensuring seamless user experiences. The rapid transformation of the financial sector demands innovative digital solutions. Virtual credit cards (VCCs) have emerged as a transformative tool.

Credit Cards 98

Credit Cards Identity Theft On-Demand Innovation 98

The Paypers

FEBRUARY 23, 2024

Telecommunications operators Cell C , MTN , and Telkom have welcomed the launch of two universal APIs available in South Arica that combat fraud and digital identity theft.

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Identity Theft API 78

Basis Theory

DECEMBER 12, 2023

It also brings some significant challenges to both, including the friction of extra steps in the payment process, the sometimes-confusing user experience, and the risk of unanticipated fraud through identity theft in the initial 3DS registration (particularly the activation-while-shopping, or AWS step).

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Identity Theft Consumer Credit Cards Acquirers 100

The Paypers

OCTOBER 23, 2018

(The Paypers) Analytics company SAS has joined forces with ThreatMetrix to help creditors establish the identity behind online credit applications, while fighting identity theft and synthetic identity fraud.

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Identity Theft 31

The Paypers

OCTOBER 9, 2023

Trulioo , a global identity verification platform, has announced new research showing that 79% of responding organisations have experienced defrauding, extorting or stealing money.

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Identity Theft Verification Research 41

Finezza

DECEMBER 10, 2023

As identity theft remains a constant concern, virtual card numbers provide a secure alternative for online transactions, offering peace of mind while simplifying payments. According to Juniper research, virtual card transactions are projected to reach 175 billion by 2028.

Credit Cards 98

Credit Cards Identity Theft Transactions Research 98

The Fintech Times

MAY 17, 2024

Overall, 68 per cent of respondents either know or suspect that they’ve been a victim of online fraud or identity theft, or that they know someone who has been affected.

Deepfake 67

Deepfake Identity Theft Consumer Verification 67

The Paypers

SEPTEMBER 20, 2018

(The Paypers) Distilled Analytics and Shyft Network have partnered to deliver biometric identity solutions leveraging blockchain technology, AI and advanced analytics to combat identity theft.

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Identity Theft Blockchain AI Technology 28

The Paypers

APRIL 26, 2018

(The Paypers) A new Cifas report has revealed record levels of identity theft in 2017, as criminals set their sights on new targets.

Identity Theft 28

Identity Theft Continuity 28

The Paypers

OCTOBER 20, 2023

Australia-based fintech has Data Zoo expanded to the North American Market by leveraging a US patent to deliver digital identity solutions for banks and prevents identity theft.

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Identity Theft FinTech 73

VISTA InfoSec

MAY 12, 2024

According to the Identity Theft Resource Center’s (ITRC) 2023 Business Impact Report , 73% of small business owners in the US reported a cyber-attack within the previous year, underlining the growing popularity of small businesses as a target among malicious actors.

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PCI DSS Security Compromise Best Practices 274

The Paypers

JANUARY 5, 2018

(The Paypers) A new McAfee study has revealed that despite the awareness of the need for cybersecurity, only 37% of individuals use an identity theft protection solution.

Identity Theft 28

Identity Theft Cybersecurity 28

The Paypers

APRIL 1, 2024

FICO has released a research that highlights the concern of Indonesians over identity theft amidst increased risks posed by real-time payments.

Research 45

Research Identity Theft Real Time Payments Risk 45

The Paypers

APRIL 7, 2017

(The Paypers) The Breach Level Index released by Gemalto has revealed that in 2016 identity theft was the leading type of data breach, accounting for 59% of all data breaches.

Identity Theft 28

Identity Theft Data Breach Breach Accounts 28

PYMNTS

JUNE 22, 2020

The company said associates with active cards will be given credit and identity theft monitoring services, courtesy of privacy technology company ID Experts. Also, the FBI has been called to assist with finding out the perpetrator.

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Identity Theft Ransomware FBI Enrollments 102

The Paypers

AUGUST 5, 2016

(The Paypers) An analysis by credit checking company Experian has discovered that almost one in four people targeted by identity theft attempts in 2015 were highly tech-savvy users of mobile.

Identity Theft 28

Identity Theft Risk Checks 28

The Paypers

MARCH 8, 2016

(The Paypers) One of the Internal Revenue Service’s tools for fighting identity theft has become susceptible to identity thieves.

Identity Theft 28

Identity Theft IRS 28

The Paypers

APRIL 22, 2016

(The Paypers) An AICPA survey has revealed that half of the 1,005 US adults surveyed said it was at least somewhat likely they would lose money to identity theft in the next period.

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Identity Theft 28

Payments Source

NOVEMBER 4, 2018

Synthetic fraud brings the pain from many angles — a fluid mix of fake credentials and phony accounts that can overwhelm traditional identity theft tools.

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Identity Theft Credential Security Accounts 97

Payments Source

JULY 20, 2018

The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.

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Identity Theft Laws Credit Cards 63

Payments Source

MAY 1, 2020

Adam Levin addresses the threats of cyber fraud and identity theft and what you can do to protect your customers' privacy and credit security.

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Identity Theft Data Breach Breach Privacy 77

PYMNTS

FEBRUARY 21, 2018

After the Mueller indictments, do banks’ “day zero” identity verifications need a makeover? We’re referring, of course, to the act of opening a bank account from scratch, from the beginning – providing everything from name, address, Social Security number, identity documents and the like….

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Identity Theft Rules Verification Compliance 40

PYMNTS

MAY 14, 2020

The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the year. Deep Dive: Enlisting AI And Biometrics In Response To Widespread Digital Identity Theft.

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Identity Theft AI Federal Trade Commission Verification 98

The Paypers

OCTOBER 17, 2023

Australian Payments Plus (AP+) has announced the launch of ConnectID for Australia's businesses and consumers aiming to reduce fraud and identity theft.

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Identity Theft Consumer Payments 36

VISTA InfoSec

FEBRUARY 25, 2024

For customers exposed to breaches, identity theft risks skyrocket, leading to bank/credit card fraud plus medical/tax/employment fraud. Forensics and recovery costs pile up fast while operations get disrupted for weeks investigating the breach.

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Data Breach Breach Multifactor Authentication Cybersecurity 272

The Paypers

AUGUST 28, 2019

(The Paypers) Malaysia has launched a national biometric digital identification platform that will allow its 32 million residents to conduct online operations in ‘a safe and seamless manner’

Identity Theft 40

Identity Theft 40

Payments Dive

OCTOBER 22, 2020

And fraudsters buy this data to commit synthetic identity theft. Data breaches are a common phenomenon not unique to the US - companies around the world face similar challenges. Personal information exposed from data breaches often winds up for sale on dark web marketplaces.

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APACS Identity Theft Data Breach Breach 76

Payments Source

APRIL 25, 2018

More fraudsters are seeking out children for identity theft, highlighting another danger of the digital economy.

Identity Theft 82

Identity Theft Economy Debit Card Credit Cards 82

Finovate

MAY 10, 2024

Founded in 1980 and originally known for its consumer credit reporting, Experian has extensive access to data and has added fraud prevention offerings, identity theft protection, credit building tools, and a loan comparison marketplace.

Underserved 59

Underserved Consumer Identity Theft Underwriting 59

PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. There were 223,163 cases of identity theft that year across all generations, with 42 percent of them consisting of bank and credit card fraud.

Financial Crimes 83

Financial Crimes Identity Theft Technology Crime 83

FICO

NOVEMBER 24, 2020

Payment card fraud, identity theft , account takeover and digital payment fraud have all increased significantly since March 2020. With that in mind, there are actions you can take right now to protect yourself from fraud and identity theft. This will also freeze all of the accounts associated with your identity.

Identity Theft 98

Identity Theft Scams Online and Mobile Banking Account Takeovers 98

PYMNTS

JUNE 14, 2018

Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. Research from Auriemma Consulting Group estimates that identity theft has cost banks at least $6 billion, and cost consumers $58.9 But individual consumers aren’t the only victims of identity theft.

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Identity Theft Wire Transfer Crime Email Compromise 43

Payments Source

JANUARY 14, 2020

Open banking and identity services are both still evolving to meet the needs of the new digital economy. These communities will need to connect at the hip to prevent fraud, avoid identity theft and to deter other financial crimes, like money laundering.

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Identity Theft Money Laundering Financial Crimes Crime 63

Payments Source

SEPTEMBER 27, 2017

The identity theft threat created by the Equifax hack and the growth of online lending have given software makers a platform to pitch products that rely on selfies, scans of driver’s licenses and other nontraditional ID methods.

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Identity Theft Verification Product Small Business 64