Nine per cent of smartphone users in the United Kingdom, as many as 5.7 million people, have fallen victim to identity fraud in the last 12 months, according to research by digital identity firm GBG. GBG’s State of Digital Identity Report 2022 reveals young adults aged… Read More
While 90 per cent of Canadians believe fraud and identity theft are serious issues, Generation Z is more likely to say identity theft is not likely to happen to them (29 per cent versus 16 per cent of the general population) according to a recent… Read More
GB Group plc (AIM:GBG), which claims to be an expert in digital location, identity and identity fraud software, has announced that it reached an agreement to acquire Acuant, an identity verification and KYC/AML compliance provider, for a cash-free, “debt-free” enterprise value of $736 million. The… Read More
Veriff is focused on continuing its global expansion with a new Barcelona-based tech hub. The Veriff team writes in a blog post they’re coming to Barcelona and that their new hub will open soon, and they’re currently looking for talent in the Catalan city. As… Read More
Survey results shared by Duff & Phelps, A Kroll Business on Tuesday (April 21, 2021) revealed that 81% of respondents either agreed or strongly agreed with the idea that digital IDs may improve our ability to combat financial crime across the financial services sector. Duff… Read More
The use of stolen and synthetic identities to carry out fraudulent activities increased significantly in 2019, and the COVID-19 crisis might be making the problem even worse, according to a recently published Identity Fraud Report from Javelin Strategy & Research. Financial losses due to identity… Read More
US-based Deep Labs, a company that leverages artificial intelligence (AI) to develop “persona-based” risk assessment solutions, has reportedly managed to secure $16 million in commitments from several Fintech investors. Gunnar Overstrom, partner at Corsair Capital, Gramercy Ventures, and Serendipity Capital led the firm’s funding round…. Read More
Canadian fintech Mogo Finance Technology announced earlier this week it has formed a new partnership a new program with Trans Global Insurance to help customers of home furnishing retailer The Brick understand and combat identity fraud. Mogo reported that customers of The Brick who enroll in… Read More
GM Financial, GM’s credit subsidiary, announced on Monday it has formed a new partnership with fintech Spring Labs as part of the Spring Founding Industry Partners (SFIP) Program, which is looking to improve data management standards in order to help the auto finance industry prevent… Read More
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