Identity verification stories - Page 11

FICO has launched FICO Marketplace, a platform connecting businesses with data and analytics providers to boost AI-driven decision-making and operations.

ANZ will launch password-less web banking on ANZ Plus in mid-2025, enhancing security with passkeys and biometric authentication methods.

Passwords are fading as biometrics, like fingerprints and facial recognition, emerge as Australia's secure, hassle-free future for digital access.

Australian businesses lead globally in boosting investment in digital trust, focusing on fraud detection and identity verification to protect customers.

Check Point Research reveals AI's rising role in cybercrime, highlighting risks like deepfakes, data poisoning, and Dark LLMs threatening digital security worldwide.

Visa has launched Intelligent Commerce, partnering with AI leaders to enable secure, AI-assisted shopping and payments tailored to user preferences.

Skyfire and Cequence Security partner to enable secure, compliant access and transactions for AI agents across digital services globally.

Identity fraud costs businesses USD $7 million yearly worldwide, with Asia Pacific firms facing rising threats from sophisticated attacks, a new study finds.

A recent report reveals that 61% of Australian businesses face rising fraud incidents, prompting a shift to AI-driven security solutions to combat these threats.

Melbourne's ShareRing has joined an AUD $6.5 million government trial to improve age verification for under-16s on social media, using innovative digital ID technology.

ConnectID has partnered with Caresquare to enhance identity verification in the NDIS, tackling fraud that costs AUD $2 billion annually.

As Identity Management Day approaches on 8 April, experts highlight the urgent need for robust digital identity security amid rising threats and technological change.

Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.

Okta has announced it has achieved USD $1 billion in sales via AWS Marketplace over four years, marking a significant milestone in their cloud identity collaboration.

LexisNexis Risk Solutions has acquired IDVerse, enhancing its AI-powered risk and fraud solutions to bolster identity verification and onboarding processes.

Research from iProov reveals a staggering 99.9% of consumers struggle to recognise deepfakes, raising alarms over identity fraud and misinformation.

Prenetics has teamed up with Humanity Protocol to launch a blockchain-based identity verification service via its CircleDNA platform, enhancing secure digital interactions.

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

Sinch has joined forces with Aduna to enhance global access to mobile network capabilities, driving innovation in digital communications and security.

Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.