Id Fraud news and trends

Telegram’s Criminal Use Spotlighted After CEO’s Arrest
Cybersecurity // September 08, 2024

The recent arrest of Telegram’s CEO has put the platform’s criminal connections in the spotlight. The messaging app has become the “premiere” platform for people seeking weapons, stolen data, illegal drugs and child sexual abuse material, the Wall Street Journal reported Sunday (Sept. 8), citing...

Visa Reportedly Weighing $925 Million Featurespace Acquisition
Acquisitions // August 25, 2024

 Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported Saturday (Aug. 24), citing unnamed sources. One source said the deal could be worth as much as $925 million, while...

Socure Debuts Selfie Reverification to Root Out Deepfakes
Identity // August 08, 2024

ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with a selfie from any device in less than two seconds. “Identity verification isn’t a one-time event. As consumers interact...

The $400 Million Problem: Intellicheck CEO Details the Cost of Fake IDs
Security & Fraud // June 26, 2024

Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information. “People don’t realize how easy it is to steal your identity. If I can get your social media account or...

Interviews & Exclusives
The $400 Million Problem: Intellicheck CEO Details the Cost of Fake IDs

June 26, 2024
Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information. “People don’t realize how easy it is to steal your identity. If I can get your social media account or your email, I can change everything about your life,” he […]

Synthetic Identities, Tailor-Made For Fraud

September 28, 2017
Familiarity doesn’t breed contempt in payments security; it builds breaches — the kind that linger and cost billions of dollars in losses tied to fraud. The synthetic ID may be fraudsters’ weapon of choice these days,...

Cutting Through The ID Fraud Fight

March 27, 2017
More transactions are being done online, and through mobile devices. At the same time, fraudsters are stepping up their efforts to target mobile and digital devices as ways to steal identities....

Quick Reads
J.P. Morgan Payments and ValidiFI Team to Improve Account Validation

October 28, 2024
J.P. Morgan Payments has teamed up with predictive bank account/payment intelligence company ValidiFI. The collaboration, announced Monday (Oct. 28), is designed to give businesses greater security and confidence in validating bank accounts and conducting transactions. “For organizations conducting digital transactions on the ACH network, having a reliable bank account verification service is essential in order […]

Telegram’s Criminal Use Spotlighted After CEO’s Arrest

September 08, 2024
The recent arrest of Telegram’s CEO has put the platform’s criminal connections in the spotlight. The messaging app has become the “premiere” platform for people seeking weapons, stolen data, illegal...

Visa Reportedly Weighing $925 Million Featurespace Acquisition

August 25, 2024
 Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported Saturday (Aug. 24), citing unnamed...

Socure Debuts Selfie Reverification to Root Out Deepfakes

August 08, 2024
ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with a selfie from any...