Fraud & Security RSS
COVID drives explosive market growth of digital identity through face verification and liveness detection
COVID-driven acceleration of digital transformation has intensified the need for secure, reliable and trusted digital identity. Citizen and consumer embrace of “digital first” and “digital only” in the wake of... more
It is becoming painfully clear that the pandemic is a boon of epic proportions for fraudsters. Between COVID-19 scams targeting consumers, the wholesale theft of government benefits, and playing on... more
The post Account take over explosion – incidents increased 20 percent compared to 2019 appeared first on Payments Cards & Mobile.
Fraud in the UK has reached epidemic levels and should be seen as a national security issue, according to think tank the Royal United Services Institute (RUSI). Driven in part... more
The post UK fraud levels now at “epidemic” level and should be a “national security” threat appeared first on Payments Cards & Mobile.
The events of 2020 created no shortage of challenges for fraud teams. With quarantines and lockdowns looming for much of the year, millions of consumers turned to digital channels to... more
With the growing threat of fraud fuelled by the digital acceleration that took place in 2020, the 2021 Future of Fraud Forecast reveals five emerging fraud threats facing businesses. The... more
The post Future of fraud forecast reveals threats facing businesses in 2021 appeared first on Payments Cards & Mobile.