Remove Account Takeovers Remove Bots Remove Verification
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Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms

PYMNTS

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 .

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The Rising Fever of Account Takeover Fraud

PYMNTS

Ersell’s organization specializes in credit card and eCommerce fraud (including account takeover), which calls for different skills and strategies than, say, hacking into merchants’ websites. They’re using weak passwords – oftentimes, the same weak password for all of their online accounts. Growth Trajectory.

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Sumsub Combats Fraud Networks in APAC With Upgraded Solution

Fintech News

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.

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Sumsub upgrades fraud prevention solution

Finextra

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.

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Helping APAC Merchants Manage The Risk And Reward Of Mobile Wallet Acceptance

PYMNTS

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.

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Experian Expands Fraud Risk Suite With NeuroID Acquistion

The Fintech Times

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.

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3 Ways Fintechs are Helping Financial Institutions Fight Fraud

Finovate

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.