Identity verification stories - Page 14

The global powered smart card market is forecast to surge to $24.2bn by 2034, driven by enhanced functionality and advanced security features.

Australian businesses tighten cyber defences amid a 354% surge in account takeover fraud, resulting in a record $3.1B loss, calling for strategies that balance fraud prevention with user experience.

Cybercriminals are increasingly targeting online accounts in identity theft surge, with ATO fraud attacks increasing by over 350% in 2023, finds digital fraud management firm, Sift.

DoubleVerify launches nuanced, AI-powered brand suitability categories to optimise ad campaign performance, providing sites with a refined analysis for online MFA content management.

Minneapolis-based Entrust is in exclusive talks to acquire London's AI-powered identity verification tech leader, Onfido.

By 2026, due to the increase in AI-driven deepfake attacks, 30% of businesses will question the authenticity of identity verification, says analyst firm, Gartner.

Lithuanian RegTech firm, iDenfy, teams up with Czech fintech, CO2IN, to bolster the verification process, making carbon credit transactions safer and directly aiding the fight against climate change.

Lithuania's iDenfy partners with StackGo to boost the Australian firm's SaaS solutions for SMEs in regulated sectors, employing Anti-Money Laundering screening for smarter compliance.

Remote unveils Contractor Management Plus, a comprehensive service tailored to improve the efficiency and compliance of managing global contract workforces amid increasing global efforts to tackle contractor misclassification.

HID teams up with Olea Kiosks to offer a revolutionary user experience by integrating facial recognition technology in access control and authentication across various industries.

A recent survey reveals growing distrust among Australians towards online banking security, with 65% of respondents expressing apprehension over identity theft risk.

Despite 83% of cybersec decision-makers in Australia and New Zealand seeing Zero Trust Network Access as future security, 17% have yet to start a programme, Forrester Consulting study reveals.

Simon Alderson, of First Response Group, addresses privacy and security concerns emerging from the shift from CCTV to biometric technologies for surveillance.

XConnect hires James Williams, a seasoned telecoms expert, as VP of Business Development, bolstering its 2024 global growth strategy with his vast experience and industry insight.

Trustfull has partnered with Provenir, broadening access to data sources via the Provenir Data Marketplace to enhance the efficiency of global risk decisions.

As the world continues to embrace digital transformation, mobile access is poised to play a central role in the evolving landscape of access control.

LiveTiles announces major product update, including AI features and improved user interface, to enhance digital workplace innovation.

iDenfy and Lithuanian cryptocurrency exchange platform, CocaBit, collaborate to enhance crypto trading experiences through AI-powered ID verification.

Fincity partners with fraud prevention and identity verification platform iDenfy, to strengthen its security with full-stack identity verification.

Experian chooses IDVerse for identity verification, expanding its digital footprint and offering a fully automated solution to its clients.