Fraud / Risk Management
VeriScan ID Verification Platform Adds Face Matching, Knowledge-Based Authentication
IDScan.net’s VeriScan ID scanner app has launched two major product advancements to improve the resilience of its platform against evolving fraudulent activities. VeriScan now offers
Cryptography Firm Zama Raises $73 Million for FHE Solution
Zama, a France-based cryptography firm, has secured $73 million in Series A funding for its fully homomorphic encryption (FHE) solution tailored for AI and blockchain
Trust Stamp Listed As Fraud Mitigation Provider for Federal Reserve
Trust Stamp, a digital identity and trust provider, has made it to the Federal Reserve’s list of anti-fraud service providers, specifically for its synthetic identity
British Banks Want Big Tech to Pay Up When People are Scammed Online
British banks are demanding big tech companies take financial responsibility for online scams, citing a significant increase in fraudulent activity from online sources. Despite efforts by
Entrust Enters Exclusive Discussions to Acquire AI/ML-Powered Identity Verification Leader Onfido
Entrust, a global leader in trusted payments, identities, and data security, has entered exclusive discussions to acquire Onfido, a leading AI/ML-powered identity verification company based
Liberis Partners with Alloy to Accelerate International Expansion and Reduce Friction for Merchants
Liberis, a leading global embedded finance platform, has partnered with Alloy, an identity risk management company, to expedite international expansion and streamline the merchant application
Incognia Raises $31M for Expansion of Digital Identity Solutions
Incognia, a digital identity solutions startup, has raised $31 million in funding in a round led by Bessemer Venture Partners. The funds will be used
Silverfort Raises $116M to Deliver a Unified Layer of Identity Security Across All Enterprise Resources, Including Previously ‘Unprotectable’ Ones
Silverfort, a fraud prevention firm that unifies identity security across all on-prem and cloud environments, has secured $116 million in Series D funding in a
London-Based Detected Secures €2.2 Million to Reinvent Business Onboarding Intelligence
London-based fintech Detected has secured €2.2 million in its latest fundraising round, with investment from existing investors Thomson Reuters Ventures, Love Ventures, and influential industry
Carta Shuts Trading Platform After Data Privacy Breach Allegations
Carta, the $7.4 billion software company who trucks in the purchase and sale of secondary, private market equity shares, is shutting down part of its
VerityPay Declares War on Check Fraud and Theft with Innovative Pay-by-Text Digital Payment Platform
VerityPay has declared war on check fraud and theft with its innovative Pay-by-Text Digital Payment Platform. The company aims to combat financial crimes associated with
Bangladesh’s EBL Launches Biometric Metal Card with IDEX Biometrics
Eastern Bank PLC (EBL) in Bangladesh has launched a biometric metal card powered by IDEX Biometric’s Mastercard certified technology, IDEX Pay. The card is expected