Impersonation news and trends

FTC Issues Proposal to Ban Impersonations as Fraud Rises
Fraud Prevention // February 15, 2024

The Federal Trade Commission (FTC) is proposing a new set of rules that would prohibit the impersonation of individuals. Citing growing complaints around impersonation fraud, the FTC said in a news release on Thursday (Feb. 15) that it is “committed to using all of its tools to detect, deter,...

Helping FIs Answer The Question ‘Who Are You?’
Digital Identity // July 24, 2020

For Stephen Ritter, the question “Who are you?” has never been more important. As the chief technology officer of identity verification solution provider Mitek, he said he knows that question had an easy answer in the past. The question of “you” was confirmed by a...

Paris Sentences 6 In $50M Impersonation Plot 
Security & Fraud // March 12, 2020

Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government with covert operations involving hostages, The New York Times reported on Thursday (March 11). Gilbert Chikli, 54, was sentenced to 11...

Interviews & Exclusives
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams

May 01, 2024
Scams, regrettably, are a feature — not a bug — of modern, digital payments and commerce.  And in an era where technology has become increasingly sophisticated, so too have the methods employed by scammers. From identity theft to fraudulent transactions, scams are evolving at an alarming rate, leaving consumers vulnerable and financial institutions grappling with […]

Helping FIs Answer The Question ‘Who Are You?’

July 24, 2020
For Stephen Ritter, the question “Who are you?” has never been more important. As the chief technology officer of identity verification solution provider Mitek, he said he knows that question...

Quick Reads
FTC Issues Proposal to Ban Impersonations as Fraud Rises

February 15, 2024
The Federal Trade Commission (FTC) is proposing a new set of rules that would prohibit the impersonation of individuals. Citing growing complaints around impersonation fraud, the FTC said in a news release on Thursday (Feb. 15) that it is “committed to using all of its tools to detect, deter, and halt impersonation fraud.” The commission noted that new technology, […]

Paris Sentences 6 In $50M Impersonation Plot 

March 12, 2020
Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government with covert operations involving hostages, The...