Identity verification stories

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

IDnow hires former Ukraine digital minister Liudmyla Rabchynska to steer EU identity wallet and eIDAS 2.0 regulatory strategy.

Google Cloud and Entrust strike AI-based identity fraud pact as UK firms face rising injection attacks and losses of about GBP £1.8 billion.

Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.

Visa survey finds most Asia Pacific shoppers use AI to browse, but many still distrust it with payment details at online checkout.

AI is turning romance scams into industrial-scale fraud, with deepfakes and chatbots driving billions in losses, Tenable warns.

Yaspa joins UNLV’s new AiR Hub as a founding member, aiming to harness AI and open banking data to bolster safer, more responsible gambling.

Dark web ‘fraud superstores’ expand slick services but LexisNexis research finds AI liveness and deepfake checks still foil many scams.

Safer Internet Day highlights how AI is transforming online trust, child protection and digital commerce, amid calls for stricter safeguards.

Upcover adds deepfake incident cover to cyber policies in Australia via Coalition, targeting rising AI impersonation and fraud risks.

1Kosmos and Fischer link biometric ID checks with campus IAM to block enrolment and aid fraud while enabling passwordless access.

Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.

Callback phishing jumps sixfold as BEC fraud stays dominant, with criminals weaponising CAPTCHAs, trusted brands and cloud platforms.

CelcomDigi, Firebase and Telenor Linx launch network-based phone verification in Malaysia to replace vulnerable SMS one-time passwords.

Melissa’s global phone verification delivers real-time accuracy, fraud protection and compliance, turning unreliable phone data into growth.

BSI unveils the first global standard for online age checks, aiming to harmonise safety rules as countries consider tougher social media curbs.

Holiday refunds jumped 18.1% in 2025, with each USD $1 million in refunds costing retailers about USD $1.3 million once overheads are included.

Alcatraz names Erik Nord to drive European expansion of its privacy-first facial authentication platform for workplaces and secure sites.

AI express lanes at the Australian Open went largely unused, leaving fans queuing for hours in near 40C heat despite record attendance.

Mentalist Oz Pearlman will headline FICO World 2026 in Orlando, anchoring an AI-focused summit on customer behaviour and financial services.