AI, deepfakes, and bots are everywhere. The internet runs on claims, not proof. That’s where @Humanityprot steps in ,a cryptographic trust layer for the internet.Key points you need to know:✅ The Trust LayerHumanity Protocol = Trust for the Internet.Just like👉 Bitcoin → did for value👉 Ethereum → did for state 👉 Humanity Protocol does for trust.It solves the trillion-dollar problem of scams and fakes by making trust verifiable, transferable, and monetizable through $H.✅ Privacy-First, Self-Sovereign Identity ...

Core Insights - The collaboration among Vonage, Aduna, Deutsche Telekom, and mBank at the World Banking Forum aims to leverage mobile networks, APIs, and AI to enhance banking security and customer experience [1][3][6] Group 1: Industry Collaboration - The World Banking Forum in Athens gathers senior banking executives and technology leaders to discuss technological innovations in banking [1] - The partnership focuses on the integration of 5G, Network APIs, and AI to improve fraud prevention and redefine customer interactions in financial services [3][4] Group 2: Fraud Prevention and Cybersecurity - The rise of digital channels has led to an increase in fraud, with cybercrime damages projected to reach $11.9 trillion annually by 2026, necessitating advanced fraud protection strategies [2] - The collaboration aims to address current security challenges by embedding mobile network capabilities into banking applications, enhancing customer interactions while reducing fraud [3][4] Group 3: Technological Innovation - Aduna acts as an aggregator of telecom network capabilities, providing banks like mBank access to real-time verified network data, which facilitates seamless customer experiences and fraud reduction [4][6] - Vonage's Network APIs enable developers to create solutions for banks that automate verification processes, enhancing security and transforming customer experiences [6][10] Group 4: Company Profiles - mBank is Poland's fifth largest universal banking group, servicing approximately 4.7 million retail clients and 36.8 thousand corporate clients, with a focus on innovative digital banking solutions [7] - Aduna is a joint venture among leading telecom operators and Ericsson, aimed at accelerating innovation through standardized network APIs [8]

Financial Data and Key Metrics Changes - Revenue in Q3 2025 reached $5.1 million, reflecting a 33% year-over-year growth, primarily driven by a $1 million perpetual license expansion sale and a $600,000 new term license contract [10][11] - Operating expenses increased to $6.4 million from $5.4 million in the prior year, attributed to investments in sales, marketing, and product development [10][11] - Net loss for the quarter improved to $1.1 million or $0.05 per diluted share, compared to a net loss of $1.2 million or $0.06 per diluted share in the prior year [11] - Adjusted EBITDA loss was $800,000, an improvement from a loss of $1.1 million in the prior year [11] - Cash, cash equivalents, and marketable securities at the end of the quarter totaled $22.5 million, with no debt [11][12] Business Line Data and Key Metrics Changes - The company is focused on two core markets: government and commercial enterprises, with growing demand for biometric solutions in both sectors [12][14] - In the government sector, there is an emphasis on modernization initiatives and compliance with Buy American requirements, particularly within the Department of Homeland Security [9][14] - On the commercial side, enterprises are increasingly adopting biometric solutions for workforce and customer use cases, emphasizing privacy and interoperability [9][15] Market Data and Key Metrics Changes - The shift in customer perceptions around biometrics has been significant, with everyday use of biometric technologies making them familiar and expected [4][5] - The federal government is experiencing tailwinds from funding for biometric modernization, although the federal shutdown has caused delays in appropriations [6][14] - The commercial sector is seeing a trend towards biometric-anchored digital identity solutions, particularly in fraud-prone verticals like financial services and travel [15][16] Company Strategy and Development Direction - The company is executing a three-pronged transformation strategy focused on advancing core biometric technology, strengthening the go-to-market model, and deepening strategic relationships [4][5] - Aware aims to deliver adaptive liveness detection and interoperability, positioning itself as a trusted provider in the biometric space [5][17] - The strategy includes prioritizing large, durable opportunities in federal and enterprise markets to drive multi-year recurring revenue [17][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the impact of the federal budget delays on near-term bookings but expects significant deal flow once the shutdown is resolved [23][24] - The company is focused on building a sustainable revenue model and improving pipeline conversion patterns to achieve more consistent growth [21][22] - Aware is committed to investing in certifications and partnerships that enhance its competitive position and reduce adoption friction for customers [30][32] Other Important Information - The company has upgraded leadership across revenue, marketing, and product to align the organization for disciplined scaling [8] - Aware's platform has achieved significant certifications, including FIDO Alliance certification, which enhances its credibility and reduces compliance friction [8][30] Q&A Session Summary Question: Q3 revenue grew 33% year-over-year but was flat year to date. Can you elaborate on the drivers of that variance? - The variance is due to the timing of customer decisions and license mix, with a focus on building a more sustainable revenue model [21] Question: Can you give more color to the pipeline conversion patterns? - There is healthy engagement and visibility into opportunities, but customer decision timing can still affect quarterly results [22] Question: How significant has the federal budget delays been to near-term bookings? - The government shutdown has impacted near-term bookings, but there is still ongoing conversation and expected urgency to deploy budgets once resolved [23][24] Question: Who do you view as your primary competitors in the biometric space? - The primary competition includes internal development within large enterprises, with Aware focusing on providing scalable solutions [25][26] Question: How do you prioritize new certifications like ISO or FedRAMP? - Certifications are crucial for customer trust and are prioritized to ensure compliance with modern cybersecurity threats [30][32] Question: How should we think about expense levels and operating leverage in FY2026? - Operating expenses will continue to rise as investments are made in growth, with a focus on efficiency and driving top-line revenue [34]

Core Insights - The FICO survey indicates that fraud protection is a top priority for UK consumers when selecting financial service providers, with 70% ranking it among their top three considerations and 35% identifying it as their number one concern [1][2][6]. Consumer Preferences - Banking-related fraud, including stolen cards and identity theft, is the primary concern for consumers, overshadowing traditional scams like cash theft [2]. - There is a strong preference for biometric authentication methods, with 39% of respondents favoring fingerprints and 56% rating biometric security as excellent [6][4]. Impact on Banking Strategy - The fraud department is viewed as a critical asset for banks, not just a cost center, as it plays a vital role in attracting new customers and building trust [3][7]. - Banks that effectively balance strong fraud defenses with a smooth digital experience are likely to gain customer loyalty [3]. Customer Expectations - Half of the respondents expect to open a personal account in under 30 minutes, indicating a low tolerance for delays in the verification process [3][6]. - 18% of consumers abandon the account opening process if identity verification is perceived as too time-consuming [6]. Enterprise Fraud Strategy - Financial institutions are encouraged to adopt an enterprise fraud strategy that integrates data across various channels and prioritizes customer experience, which can help reduce fraud losses and enhance customer satisfaction [7].

Core Insights - Equifax is launching new fraud prevention tools in response to increasing mortgage revenues and evolving fraud threats [2][3] Financial Performance - Equifax reported a 7% increase in overall revenue, with mortgage revenues specifically rising by 13% despite challenges in the U.S. hiring and mortgage markets [2] - Consumer lending revenue grew by 20% in the quarter, driven by strong performance in auto, personal loans, and card markets [5] Fraud Prevention Initiatives - The company is utilizing advanced AI capabilities to develop new fraud prevention tools, focusing on synthetic and first-party fraud [3] - A new synthetic identity model will analyze billions of non-traditional data points to detect "ghost identities" [3] - Equifax plans to introduce a first-party fraud model to identify behavioral patterns indicating credit taken out with no intention of repayment [3][4] AI Solutions - Equifax launched Equifax Ignite AI Advisor, a generative AI solution designed to help lenders analyze portfolio performance and identify growth opportunities [6] - The tool integrates lenders' internal data with Equifax's credit and risk analytics, allowing for natural language queries and visual dashboards [7]

Market Overview - Home prices in Southern Nevada have slightly decreased over the past year, indicating a cooling but stabilizing housing market [1] - The U.S. is experiencing a significant inventory of unsold homes, with 121,000 completed single-family homes sitting unsold as of July 2025, a 20% increase from 2024 [10][11] - Zillow estimates a shortage of 4.7 million housing units, while the National Association of Realtors estimates a 5.5 million-unit shortage [11] Builder Activity - D.R. Horton is acquiring SK Builders, expanding its presence in South Carolina [10] - Despite high inventory levels, homebuilders face challenges due to high interest rates, which are limiting potential buyers [11][12] Investor Influence - Investors purchased approximately 30% of single-family homes earlier in 2025, often renting them out instead of selling to individual buyers [12] - The rising costs of construction materials, labor, and financing are contributing to elevated home prices, making them unaffordable for many buyers [12] Government and Regulatory Factors - The Federal Housing Finance Agency (FHFA) may adjust affordable housing goals to encourage more construction and support financing for affordable housing projects [13][14] - Government regulations account for nearly 24% of the final price of new single-family homes, impacting the overall housing supply [17] Economic Conditions - The mortgage market is experiencing volatility due to potential tariff threats from President Trump, affecting bond yields and mortgage-backed securities [20] - Upcoming economic indicators, including jobless claims and the NAHB Housing Market Index, are expected to influence market conditions [21]

Core Insights - Mitek Systems, Inc. has been recognized with two prestigious awards at Juniper Research's Fintech and Payments Future Digital Awards 2025, highlighting its leadership in digital identity verification and fraud prevention [1] Group 1: Awards and Recognition - Mitek Systems won 'Fraud and Security Innovation of the Year' and 'Best Identity Verification Innovation' at the awards [1] - These awards underscore Mitek's innovation and leadership in addressing significant threats in identity verification [1] Group 2: Industry Context - The recognition reflects the growing importance of fraud prevention and identity verification in the fintech sector, as these areas are becoming increasingly critical due to rising concerns over security [1]

Core Insights - Klarna and Google Cloud have partnered to enhance the use of artificial intelligence in Klarna's app and operations, targeting improved personalization, creative content, and fraud prevention for its 114 million users globally [1][3]. Group 1: Partnership Details - The partnership will leverage Google Cloud's AI systems to create new in-app experiences and marketing tools, with pilot programs showing a 15% increase in app engagement and a 50% boost in orders [3]. - The initial focus will be on creative production using Google's image and video generation tools, and personalization through AI models to enhance Klarna's library of over 200 million product images [4]. Group 2: Fraud Prevention and Automation - Klarna plans to utilize Google Cloud's computing capabilities to enhance fraud prevention by training graph-based machine-learning models to analyze user and transaction connections for identifying suspicious activities [5]. - The collaboration aims to integrate automation with human-led services, maintaining human support for complex issues while using AI to improve personalization and risk management [6]. Group 3: Industry Trends - The trend of integrating AI with human expertise has shown measurable gains in customer satisfaction, retention, and engagement across various industries, with faster response times and higher resolution rates reported [7]. - Similar initiatives are observed in the FinTech sector, with companies like Revolut also expanding their use of cloud-based AI for personalization and operational scalability [7][8].

Core Insights - Fraud is causing significant financial losses for businesses globally, with an average loss of 7.7% of annual revenue, equating to approximately $534 billion across surveyed companies [1][2] - In the U.S., the average revenue loss due to fraud is reported at 9.8%, a 46% increase from the previous year, amounting to an estimated $114 billion among surveyed leaders [2] Fraud Types and Impact - The predominant types of fraud causing business losses globally include scam/authorized fraud (24%), synthetic identity fraud (20%), and account takeover (20%) [3][4] - In the U.S., account takeover fraud is the most damaging, responsible for 31% of reported fraud losses, followed by synthetic identity fraud at 24% and scam/authorized fraud at 23% [4] Trends in Fraud - Account takeover fraud has seen a significant increase, with a 21% rise in volume from H1 2024 to H1 2025 and a staggering 141% increase from H1 2021 to H1 2025 [5] - The sophistication of fraud tactics is evolving, necessitating businesses to adopt proactive security measures rather than solely reactive defenses [6] Consumer Awareness and Exposure - Globally, 48% of consumers reported being targeted by various fraud schemes, with a concerning 52% unaware of such attempts [7] - In the U.S., 51% of consumers reported being targeted, with phishing and smishing being the most common types of fraud [8] Regional Insights - Countries like India, South Africa, and Guatemala reported the highest percentages of respondents falling victim to fraud in H1 2025, with specific fraud schemes varying by region [10]

Core Insights - Juniper Research announced the winners of the Future Digital Awards for Fintech & Payments 2025, celebrating innovation in digital payments, banking, and fraud prevention [1][7] - The awards highlight significant contributions from various companies and individuals in the fintech sector, showcasing advancements in technology and services [1][7] Fintech Leadership - DailyPay was awarded Fintech & Payments Startup of the Year (Platinum) [1] - Chrissy Wagner, Senior Vice President at FIS, received the title of Fintech Leader of the Year (Platinum) [1] Banking Innovation - Huawei Mobile Finance Solution won Banking Innovation of the Year (Platinum) [2] - Mitek Systems Digital Fraud Defender was recognized as Fraud & Security Innovation of the Year (Platinum) [2] - Other notable winners include Prometeo Borderless Banking (Platinum) and Amdocs Agentic AI Platform (Platinum) [2] Banking Fraud Prevention - Alipay Tap! was awarded Payment Innovation of the Year (Platinum) [3] - Worldpay received the Omnichannel Payments Platform of the Year (Platinum) [3] - G+D Netcetera BIN Attack Score won in the Soft POS Innovation category (Platinum) [3] Sustainability in Payment Cards - Thales PVC-Free Payment Card received a Platinum award for its sustainability efforts [4] - FV Bank secured a Platinum award for Digital Currency Innovation, emphasizing the integration of traditional banking with digital asset services [4] Company Statements - Mitek emphasized the importance of multi-layered defenses against sophisticated fraud, highlighting their commitment to protecting customers [5] - Thunes celebrated their dual Platinum Awards for B2B and Cross-border Payments, reflecting their global impact on payment solutions [6]