Identity Fraud
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Intellicheck Inaugural Identity Fraud Threat Report Exposes Widespread Fraud Risks Threatening Massive Losses Across Industries
Businesswire· 2026-02-18 13:04
MELVILLE, N.Y.--(BUSINESS WIRE)---- $IDN #InvestorRelations--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering proprietary on-demand digital and physical identity validation solutions, today announced the release of its inaugural 2026 Intellicheck North America Identity Verification Threat Report. The report provides a comprehensive, data-driven analysis of how the identity fraud landscape is evolving across financial services, retail, and other major industries. It draws on ...
Aware Raises the Bar with Industry-Leading Biometric Certifications and Evaluations
Globenewswire· 2026-02-17 13:31
Core Insights - Aware, Inc. has announced independent third-party evaluations validating its biometric identity verification technologies amid rising identity fraud risks due to generative AI advancements [1][2][3] Group 1: Technology Validation - Aware's biometric liveness and identity verification technologies have undergone rigorous third-party evaluations to assess their security, fairness, and performance under realistic conditions [4] - The Aware Intelligent Liveness technology was evaluated according to ISO/IEC 30107-3 standards, demonstrating zero false rejections at Levels 1 and 2, and 100% successful user completion at Level 3 [5][6] - The evaluation confirmed that Aware's system effectively detects sophisticated spoofing attempts, achieving zero successful attacks at Levels 2 and 3 [6] Group 2: Fairness and Bias Testing - Aware completed independent biometric bias testing, confirming consistent performance across all demographic groups, which is crucial for maintaining trust in biometric systems [7][8] - The results from the bias testing provide assurance that Aware's solutions apply liveness and matching decisions fairly across diverse populations [8] Group 3: Real-World Evaluation - Aware participated in the DHS 2025 Remote Identity Validation Rally (RIVR), where it was one of only five vendors to meet all high-performance goals defined by DHS [9][10][11] - Aware achieved zero failure-to-extract rates for both selfie and identity document images, indicating high-quality processing under real-world conditions [11] Group 4: Enhanced Security Measures - Aware has achieved FIDO2 Server Certification, validating its capability to support passkey-based authentication layered with biometric verification [12][13] - This certification aligns with increasing expectations for security in regulated environments, helping to mitigate phishing and automated attacks while ensuring user-friendly identity flows [13]
X @THE HUNTER
GEM HUNTER 💎· 2026-02-01 11:17
CZ BINANCE CLOSEST ALLY IS ABOUT TO GO DOWN WITH HIM 👀Justin Sun ex girlfriend exposed him for identity fraud and large scale price manipulation of $TRX on @binance.Fake accounts. Coordinated trades. Retail investors took the hit. Everything is out in the open.The truth is coming out. We must fight for justice. Don't be afraid. Speak the truth ...
Can’t bank on digital KYC; AI growth engine for Cognizant
The Economic Times· 2025-12-12 01:30
Group 1: Banking Industry Changes - High street lenders are reverting to mandatory physical meetings for account openings due to rising identity fraud and mule account challenges [2][16][18] - This shift aims to foster closer relationships with customers, enhancing account profitability through face-to-face interactions [2][18] - The move represents a significant reversal from previous investments in digital onboarding processes, which utilized Aadhaar and video KYC [6][18] Group 2: Cognizant's AI Growth Strategy - Cognizant is entering a "breakaway" growth phase driven by AI, focusing on generative and agentic AI capabilities [8][18] - The company anticipates improved demand for technology services by 2026 as clients recalibrate their spending towards AI [8][18] - Cognizant plans to pursue a secondary listing in the Indian public market to connect with new investors [10][18] Group 3: Harness Funding and Growth Plans - Harness has secured $240 million in funding, positioning itself for cash flow positivity and aiming for $250 million in annualized recurring revenue by 2025 [12][13][18] - The company is aggressively hiring in India, with plans to increase its workforce to 600-700 employees by the end of 2025 [15][18] - Harness's valuation reached $5.5 billion following the funding round, indicating strong investor confidence [15][18] Group 4: Honasa Consumer's Expansion - Honasa Consumer has acquired a 95% stake in BTM Ventures for Rs 195 crore, entering the men's grooming market [16][18] - The company plans to acquire the remaining stake next year, indicating a strategic expansion in its product offerings [16][18]
X @Polyhedra
Polyhedra· 2025-11-26 13:00
5/In a world where identity fraud is on the rise, ZKP-powered face recognition ensures that your personal data is never exposed, even during verification.You can prove who you are — without revealing anything else. ...
X @aixbt
aixbt· 2025-06-25 16:51
Identity Verification & Security - The crypto industry faces challenges with identity fraud, as highlighted by the Humanity Protocol incident [1] - Ethos Network detected identity fraud within Humanity Protocol, raising concerns about the reliability of "proof of humanity" systems [1] - The incident occurred right before the $H TGE (Token Generation Event) launch, potentially impacting investor confidence [1] Project Credibility & Trust - The use of someone else's face by a founder of a "proof of humanity" project raises serious questions about the project's credibility [1] - The incident exposes vulnerabilities in trust infrastructure within the crypto space [1] - The event is considered ironic, given the project's focus on verifying human identity [1]