identity verification
A strategic approach to identity verification helps combat financial crime
70% of financial services organizations are taking a strategic approach to identity verification to combat financial crime and stay one step ahead of fraudsters according to …
Five factors driving investment in IDV
For billions of individuals around the world, digital identity became critical in 2020. As a result, the global identity verification market, which was already growing rapidly …
Identity verification market to grow steadily in the next few years
The identity verification market is expected to grow at a CAGR of 13.1% over the forecast period 2020 to 2025, according to ResearchAndMarkets. Adoption of solutions through …
New privacy-preserving SSO algorithm hides user info from third parties
Over the last few decades, as the information era has matured, it has shaped the world of cryptography and made it a varied landscape. Amongst the myriad of encoding methods …
Only 54% of security pros have a written policy on length and randomness for keys for machine identities
People rely on usernames and passwords to identify themselves to machines so they can gain access to data and services. Machines also need to authenticate themselves to each …
New account fraud has more than doubled since 2014
New account fraud increased 27.8% worldwide YTD in 2019, compared to full-year 2018 results, and more than 100% compared to 2014 levels, Jumio reveals. Surprisingly, attempted …
Companies unprepared to deal with mobile attacks, synthetic identity fraud, CCPA compliance
There is a growing impact of large-scale data breaches and fraud on consumer trust and the critical need for businesses to balance the digital consumer experience with strong …
Mobile ID schemes take the lead over digital identity cards
The number of people using government-issued digital identity credentials will grow by over 150% from an expected 1.7 billion in 2019 to over 5 billion in 2024, according to …
How financial institutions can change the economics of fraud
In 2017, the number of identity fraud victims in the United States has risen to nearly 17 million. As the US became the last of the G20 countries to adopt Chip and …