Identity verification stories - Page 10

Check Point Research reveals AI's rising role in cybercrime, highlighting risks like deepfakes, data poisoning, and Dark LLMs threatening digital security worldwide.

The OpenID Foundation will showcase global digital ID interoperability with ten teams and government reps from three regions in an upcoming webinar.

Skyfire and Cequence Security partner to enable secure, compliant access and transactions for AI agents across digital services globally.

Pairs dating app launches in South Korea with AI-driven matching, aiming to connect singles seeking serious, value-based relationships and marriage.

Identity fraud costs businesses USD $7 million yearly worldwide, with Asia Pacific firms facing rising threats from sophisticated attacks, a new study finds.

As Identity Management Day approaches on 8 April, experts highlight the urgent need for robust digital identity security amid rising threats and technological change.

Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.

Endowus has teamed up with Twilio to enhance security on its digital wealth platform, addressing a surge in fraud cases with advanced verification measures.

Okta has announced it has achieved USD $1 billion in sales via AWS Marketplace over four years, marking a significant milestone in their cloud identity collaboration.

LexisNexis Risk Solutions has acquired IDVerse, enhancing its AI-powered risk and fraud solutions to bolster identity verification and onboarding processes.

Research from iProov reveals a staggering 99.9% of consumers struggle to recognise deepfakes, raising alarms over identity fraud and misinformation.

Prenetics has teamed up with Humanity Protocol to launch a blockchain-based identity verification service via its CircleDNA platform, enhancing secure digital interactions.

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

Sinch has joined forces with Aduna to enhance global access to mobile network capabilities, driving innovation in digital communications and security.

Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.

As AI's influence grows, the cybersecurity landscape will face new regulations and challenges by 2025, urging firms to adapt to dynamic compliance measures.

iProov forecasts that by 2025, deepfake technology will threaten news integrity and financial markets, prompting urgent calls for stronger identity verification.