identity verification

Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
April 09, 2024  |  Fraud Prevention

When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story....

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FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
April 04, 2024  |  Banking

The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. And...

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AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says Intellicheck’s Lewis
AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says Intellicheck’s Lewis
April 02, 2024  |  Security & Fraud

The fallout from the massive data breach at AT&T — where information tied to 73 million current and former account holders was leaked — has...

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OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
March 29, 2024  |  Security & Fraud

OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out.  The company said this while...

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FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
March 28, 2024  |  Regulation

The Financial Crimes Enforcement Network (FinCEN) requested comments on its Customer Identification Program (CIP) requirements for banks. The agency is exploring ways to modernize these requirements and...

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Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
March 27, 2024  |  Identity

Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry.  This collaboration will bring together banking solutions from Sandbox Banking...

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Visa Extends Risk Management Solutions to Non-Visa Transactions
Visa Extends Risk Management Solutions to Non-Visa Transactions
March 27, 2024  |  VISA

As real-time and account-to-account transactions rise and payments fraud continues to rise with them, Visa is putting artificial intelligence (AI) to work. The company announced...

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Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants
Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants
March 21, 2024  |  Authentication

Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be...

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AutoSettle Launches Car-Buying Platform in Australia
AutoSettle Launches Car-Buying Platform in Australia
March 20, 2024  |  eCommerce

FinTech startup AutoSettle launched a platform to improve the vehicle-buying process in Australia. The platform is the world’s first virtual settlement exchange for cars and offers instant and...

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