CFOtech Australia - Technology news for CFOs & financial decision-makers

Synthetic Identity stories

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Identity security warning as AI agents fuel cyber risk

5 days ago
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Security chiefs warn organisations that AI agents, machine accounts and stolen credentials are shifting cyber risk from the perimeter to identity.
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iProov report warns of soaring iOS injection attacks

Last week
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iProov warns iOS injection attacks surged 1,151% in late 2025 as generative AI fuels deepfake impersonation and identity fraud.
Building digital trust data quality strategy

Building digital trust: Data quality provides a scalable path

Last week
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data protection
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Data quality gives banks a scalable route to digital trust, cutting fraud and false positives while speeding onboarding, KYB and AI-driven checks.
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Banks issue warning over AI-powered identity fraud risks

Last month
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US banks and regulators are urged to adopt passkeys, mobile driving licences and tougher verification as generative AI fuels deepfake fraud.
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APAC cybercrime rises 12% as synthetic fraud surges

Last month
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APAC cybercrime climbs as synthetic identity fraud accelerates, with desktop-browser attacks, login pressure and bot activity fuelling losses.
Glowing fintech network shield smartphone fingerprint security

XConnect & SONIO team up to fight fraud in fintech

Last month
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data protection
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XConnect links its mobile network fraud signals into SONIO's identity platform to tighten onboarding and compliance for fintech and gambling.
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Conquer the KYB challenge: How smarter data quality fuels fintech integrators

Last month
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risk & compliance
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Fintech integrators turn to Melissa's real-time, trusted data layer to sharpen KYB checks, slash onboarding friction and cut synthetic fraud.
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1Kosmos adds identity checks to ServiceNow AI workflows

Last month
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1Kosmos adds embedded identity checks to ServiceNow AI workflows to curb social engineering in high-risk service desk interactions.
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Incode hits iBeta Level 3 with passive selfie liveness

Last month
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biometrics
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Incode claims first iBeta Level 3 PAD pass for passive selfie liveness on iOS and Android, reporting 0% error rates in testing.
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Firms race to counter fast-evolving AI-driven fraud

Fri, 20th Feb 2026
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data analytics
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digital transformation
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fintech
Half of fraud chiefs say fast-changing, AI-powered scams are outpacing their defences, forcing a shift to real-time, adaptive protection.
Internal auditors anxious over ai driven fraud in dark office

Internal auditors fear AI fraud but lack readiness

Thu, 19th Feb 2026
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data analytics
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digital transformation
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fintech
Internal auditors warn AI-driven fraud is surging, but most concede they lack the tools, skills and time needed to spot it effectively.
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Veriff & Data Zoo partner to combat AI identity fraud

Wed, 18th Feb 2026
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data protection
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digital transformation
Veriff taps Data Zoo's global data network to bolster multi-layered ID checks and help digital firms fight fast-evolving AI identity fraud.
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The new rules of digital identity in ANZ: KYC & AML trends for 2026

Mon, 16th Feb 2026
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data protection
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surveillance
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digital transformation
Deepfakes, new biometrics rules and AI agents are rewriting digital identity, forcing ANZ firms to treat KYC as core infrastructure.
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How Data Quality in Retail Powers Business Outcomes in 2026

Tue, 10th Feb 2026
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data protection
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data analytics
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digital transformation
In 2026, retailers win not by owning more data, but by orchestrating trusted, real-time data that powers every decision and experience.
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SEON unveils global partner initiative for AI fraud fight

Thu, 5th Feb 2026
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SEON launches global partner programme to embed its AI-powered fraud and AML tools deeper into platforms as online scams surge worldwide.
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SEON recognised for AI-led fraud detection leadership

Wed, 4th Feb 2026
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data analytics
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fintech
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partner programmes
SEON wins Frost & Sullivan's 2025 Global Enabling Technology Leadership Award for AI-driven fraud and AML platform innovation.
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3DiVi urges banks to track real-world facial security

Tue, 3rd Feb 2026
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surveillance
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biometrics
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3DiVi urges banks to track real-world facial ID performance, warning that hope and lab tests are no substitute for live risk metrics.
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iProov, HYPR join forces to combat AI-driven deepfakes

Fri, 9th Jan 2026
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surveillance
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biometrics
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iProov and HYPR integrate liveness checks with passwordless login to stop deepfake workers infiltrating enterprises at onboarding.
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Dark web sells UK ID packs to bypass bank biometrics

Wed, 7th Jan 2026
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surveillance
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biometrics
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crypto
Dark web vendors sell UK ID packs for about USD $30, helping criminals bypass biometric checks at banks and fintechs, AMLTRIX warns.
Why identity verification starts with accurate address data

Why accurate address data is the first line of identity verification

Wed, 7th Jan 2026
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digital transformation
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Accurate address data is emerging as a critical, often overlooked weapon in the fight for reliable digital identity verification and fraud control.