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Facephi Unveils its Fraud Intelligence Report 2025: “Identity at Risk”
Globenewswire· 2025-10-16 07:20
Core Insights - The report emphasizes the industrialization of digital fraud and the urgent need for advanced security solutions to protect digital identities [2][3][6] - The CEO of Facephi highlights that digital identity has become a strategic asset that is under constant threat, necessitating proactive identity protection [3][6] Industry Trends - Cybercrime is projected to cost the world $10.5 trillion annually by 2025, with identity theft accounting for 47% of reported financial fraud in Europe in 2023 [6] - The rise of Fraud as a Service (FaaS) and Crime as a Service (CaaS) indicates that digital fraud has become a scalable and organized business [6][7] - Deepfake technologies and generative AI are making traditional verification methods increasingly obsolete, posing significant challenges to identity verification [7] Security Solutions - Advanced protection methods such as behavioral biometrics and certified liveness detection are essential to combat evolving threats [6][7] - Continuous and contextual risk analysis is crucial, with behavioral biometrics creating a "cyber-DNA" that assesses risk dynamically based on user patterns [7] - The report stresses the importance of integrating passive liveness detection and real-time risk analysis into security solutions [7]
Facephi to Report First Half 2025 Financial Results on October 30, 2025
Globenewswire· 2025-10-07 06:05
Company Overview - Facephi Biometría, SA is a Spanish technology leader specializing in global digital identity protection and verification [3] - The company focuses on security and data integrity, aiming to create safer, more accessible, and fraud-free processes [3] - Facephi has over a decade of experience in developing technologies for safeguarding digital identity and operates in over 25 countries [4] Upcoming Financial Results - Facephi will release its financial results for the first half of 2025 on October 30, 2025, after market close [1] - A webcast to discuss these results is scheduled for November 4, 2025, at 10:00 a.m. CT [2] - The webcast will be accessible via Facephi's Investor Relations website, with a replay available shortly after the event [2]
Facephi Enhances Digital Security with Advanced Behavioral Biometrics to Prevent Sophisticated Real-Time Fraud
Globenewswire· 2025-06-09 15:57
Core Insights - Facephi is addressing the challenge of real-time fraud detection in the digital world through its Behavioral Biometrics solution, which analyzes over 3,000 contextual signals to create unique behavioral profiles for users [1][6] Company Overview - Facephi is a Spanish technology company specializing in digital identity protection and verification, recognized for its commitment to data security and integrity [7] - The company has over a decade of experience in developing technologies focused on digital identity protection and operates in more than 25 countries, processing over 500 million transactions [8] Product Features - The Behavioral Biometrics solution creates a 'cyber-DNA' for users based on individual characteristics in their interactions with devices, enabling highly accurate verification [2] - The system integrates artificial intelligence and contextual analysis to continuously assess risk based on user interactions, adapting to new threats [3][9] - It evaluates various parameters, including device operation, behavioral patterns, and contextual information such as geolocation and transaction history [4][5] Security Capabilities - Facephi's technology helps prevent identity theft and new account fraud (NAF) by detecting suspicious behaviors, achieving over 99% accuracy in identifying legitimate users within milliseconds [6] - The solution generates alerts for detected anomalies and allows businesses to configure automatic handling of fraud cases [6]