Identity verification stories - Page 12

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.

As AI's influence grows, the cybersecurity landscape will face new regulations and challenges by 2025, urging firms to adapt to dynamic compliance measures.

iProov forecasts that by 2025, deepfake technology will threaten news integrity and financial markets, prompting urgent calls for stronger identity verification.

Jumio has appointed Mike Nawrocki as Chief Revenue Officer, bringing over 25 years of sales leadership to enhance its identity verification solutions.

Ping Identity has achieved a remarkable 31% year-on-year growth in Annual Recurring Revenue, now approaching USD $800 million amidst industry recognition.

Security experts warn of heightened cyber threats by 2025, including AI-driven attacks and vulnerabilities from quantum computing advancements.

Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.

Google's move to enforce multifactor authentication for all Cloud accounts has ignited varied reactions, urging firms to bolster security against rising cyber threats.

Okta has unveiled new features for its Workforce Identity Cloud to tackle security challenges like identity breaches and MFA overload in enterprises.

Cloudflare introduces Plexi to verify public keys in end-to-end encryption for messaging apps, starting with WhatsApp, enhancing user trust and security.

North Korean IT workers have infiltrated major US and European companies using stolen identities, posing potential security threats, reveals Mandiant exposé.

KnowBe4 warns of North Korean fake employee scam; firm thwarted a sophisticated cyber-attack just 25 minutes after a fraudulent hire accessed company systems.

Gartner predicts that by 2026, over 500 million smartphone users will use digital identity wallets for verifiable claims, transforming digital credential management.

ConnectID by AP+ integrates with Lendela, enhancing the loan matching service's security and efficiency for Australian borrowers, addressing a market of 2.8 million.

Transmit Security's latest report reveals a surge in AI-driven fraud scams, highlighting dark web marketplaces and tools like FraudGPT that empower even novice fraudsters.

A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.

ConnectID integrates Refundid, enhancing security and efficiency of refund processes by reducing sensitive data storage, and boosting consumer trust.

Encompass appoints Andrew Dunn as VP of Engineering, tasked with leading the strategic delivery of its CDI platform to enhance global banking solutions.