ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is not selling the shares, but will let employees and early investors sell their shares. One...
The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle of business is diversification. The more diversified one is, the more likely one will see a return on investment. Fraud...
In an age where security is paramount and identity fraud is a growing concern, the Real ID Act stands at the forefront of a significant shift in how individuals are verified. Envision a world where every ID tells a story of authenticity, seamlessly linking individuals to...
Earlier this year, hackers stole the data of 2.9 billion people from a broker. Now, that breach threatens to usher in a wave of identity fraud and other crimes, Teresa Murray, consumer watchdog director for the U.S. Public Interest Research Group, said in a recent...
October 07, 2024
The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle of business is diversification. The more diversified one is, the more likely one will see a return on investment. Fraud is a business, and the criminals seek ROI. “We’re not […]
July 24, 2024
The Security Summit has issued a stern warning to tax professionals, urging them to heighten their awareness of indicators of identity theft as part of the ongoing “Protect Your Clients;...
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...
May 21, 2024
Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a double-edged sword. While necessary for...
October 09, 2024
ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is not selling the shares, but will let employees and early investors sell their shares. One of the sources say the deal marks an increase from […]
August 18, 2024
Earlier this year, hackers stole the data of 2.9 billion people from a broker. Now, that breach threatens to usher in a wave of identity fraud and other crimes, Teresa...
August 01, 2024
Credit union service organization Velera has introduced an identity security/authentication tool. IDCheck by Co-op, announced Thursday (Aug. 1), is available to members of the Co-op Shared Branch network, which lets...
April 15, 2024
Federal authorities are warning banks against the rising threat of passport card fraud. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department of State’s Diplomatic Security Service (DSS) issued a...
