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Synthetic Identity Stories

Australian Stories

Synthetic Identity stories

Australia urged to bolster digital finance & fraud defences
Digital Transformation

Australia urged to bolster digital finance & fraud defences

Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.

By Mark Tarre • 4 min read • This month
The Hidden Cost of Bad Contact Data for Australian Finance Teams
Customer Relationship Management

The Hidden Cost of Bad Contact Data for Australian Finance Teams

Bad contact data is costing large Australian organisations hundreds of thousands of dollars a year through delayed payments, fraud risk and wasted spend.

By Edmund Ng • 5 min read • Last month

Global Stories

Synthetic Identity stories

Financial services leads in AI identity readiness scorecard
Digital Transformation

Financial services leads in AI identity readiness scorecard

Banks and other financial firms are under more pressure from AI-assisted identity fraud, but they outscore peers on detection and audit evidence.

By Karen Joy Bacudo • 4 min read • This month
Incode launches GovFaceMatch for US state DMV checks
Data Protection

Incode launches GovFaceMatch for US state DMV checks

The new service aims to curb AI-driven identity fraud while speeding up checks that often drive genuine users away.

By Sean Mitchell • 4 min read • This month
Autonomous AI agents could drive 90% of fraud by 2028
Phishing

Autonomous AI agents could drive 90% of fraud by 2028

Scam losses are rising faster than human fraudsters alone can explain, with AI-enabled cases in the US already topping USD $900 million.

By Sean Mitchell • 4 min read • This month
Deel acquires Clarity to expand AI-driven identity checks
Software-as-a-Service

Deel acquires Clarity to expand AI-driven identity checks

Customers may get tighter checks and fewer fraud risks as Deel folds Clarity's identity-verification tools into its hiring platform.

By Mark Tarre • 3 min read • This month
ABBYY document forensics tackles AI-generated fraud for fintechs
Digital Transformation

ABBYY document forensics tackles AI-generated fraud for fintechs

Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.

By Mark Tarre • 4 min read • This month
Fraud prevention for hospitality leaders: Tackling hotel booking fraud
Data Protection

Fraud prevention for hospitality leaders: Tackling hotel booking fraud

Earlier checks on contact details could curb fake reservations, cut chargebacks and free hotel staff before rooms are wrongly blocked.

By Bobby Joseph • 6 min read • Last month
Ping Identity adds MyChart fraud tools to Epic Toolbox
Data Protection

Ping Identity adds MyChart fraud tools to Epic Toolbox

Healthcare providers can cut fraud and account takeover risks on MyChart, while keeping patient sign-ups and recovery simple.

By Joseph Gabriel Lagonsin • 4 min read • Last month
BNPL Fraud in Australia: Why new rules make data quality critical
Fintech

BNPL Fraud in Australia: Why new rules make data quality critical

New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.

By Edmund Ng • 5 min read • Last month
Deepfake fraud attacks rise 180% as identity checks fail
Data Protection

Deepfake fraud attacks rise 180% as identity checks fail

Nearly one in 100 failed identity checks now involves deepfake material, as AI-generated fraud threatens banking, payments and online services.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Akamai warns commerce is top target for AI bot attacks
Malware

Akamai warns commerce is top target for AI bot attacks

Nearly half of commerce traffic across Akamai's network came from AI bots by late 2025, raising fraud and DDoS risks for retailers.

By Sean Mitchell • 4 min read • Last month
Asia-Pacific digital economies face highest identity fraud
Data Protection

Asia-Pacific digital economies face highest identity fraud

Remote onboarding is leaving Asia-Pacific's most digital markets exposed, with Indonesia seeing the highest identity-fraud signals in Shufti's data.

By Sean Mitchell • 5 min read • Last month
Entrust launches biometrics to curb AI account takeover
Data Protection

Entrust launches biometrics to curb AI account takeover

Businesses are under pressure to verify users beyond login as AI-generated deepfakes drive account takeover and fraud losses mount.

By Mark Tarre • 4 min read • Thu, 25th Jun 2026

Stories from Other Regions

Synthetic Identity stories

Incode named Gartner leader for third straight year
Software-as-a-Service

Incode named Gartner leader for third straight year

The ranking reinforces Incode's pitch to banks and platforms seeking faster checks as deepfakes and synthetic identities raise fraud risk.

By Joseph Gabriel Lagonsin • 3 min read • Last month
UK Fraud liability in 2026: The hidden cost of synthetic identity fraud
Fintech

UK Fraud liability in 2026: The hidden cost of synthetic identity fraud

Banks now face a capped GBP £85,000 reimbursement bill per claim as synthetic identity fraud turns into a direct liability under tighter UK rules.

By Barley Laing • 5 min read • Last month
1Kosmos expands Microsoft Entra Verified ID partnership
Hybrid Cloud

1Kosmos expands Microsoft Entra Verified ID partnership

Remote hiring checks could become tougher to fake as 1Kosmos ties biometric identity proofing to Microsoft Entra Verified ID for account access.

By Mark Tarre • 4 min read • Last month