Tag Archives: fraud

The Perfect Storm: When Financial Crime and Cyber Crime Meet

Martin Rehak CEO of Resistant examines the convergence of cybersecurity and financial crime, the risks it creates and why the use of AI-powered technologies offer the only scaling factor available to organisations focused on minimising one of today’s most alarming criminal trends. In recent years, financial crime has undergone its …

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Anzu Awarded TAG Seals and IAB UK Gold Standard 2.0 Certification

Anzu.io has earned three major industry certifications: the Trustworthy Accountability Group (TAG) Brand Safety Certified Seal, the TAG Certified Against Fraud Seal, and the Internet Advertising Bureau (IAB) UK Gold Standard Certification 2.0. Anzu was awarded the TAG Brand Safety Certified Seal after an independent validation by third-party auditor ABC, …

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Somos, Inc. acquires XConnect

Somos, Inc. has acquired XConnect. “The trust economy is in full swing, and organisations that cultivate greater levels of trust are better positioned to thrive in this new era,” said Gina Perini, Chair of the Board and CEO of Somos, Inc. “Somos and XConnect have built solutions to bring greater …

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Clearshift partners with iDenfy to aid onboarding process

iDenfy is partnering with Clearshift to provide identity verification services to improve onboarding with their solutions, reduce fraud and improve client satisfaction. Deputy Chief Executive Officer at Clearshift Vytenis Pinaitis said: “We believe that the partnership with iDenfy will make onboarding simpler and more convenient. We also believe that iDenfy …

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4D partners with DeepSee to ensure advertisers are protected from new fraud tactics in a post-cookie world

As the martech landscape evolves, changes in privacy laws are impacting the changes in fraud tactics. While cookies disappear and user based bot fraud becomes obsolete, marketers need to be aware of fraud taking on a new form, focused on site-based fraud tactics. Contextual outcomes engine, 4D, a division of …

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Orange partners with Onfido on self-service identity verification

  Orange and Onfido, are partnering to automate the verification process for Orange Flex, making it faster and easier to sign up for a mobile plan. Onfido’s technology uses artificial intelligence (AI) and facial biometrics to verify users’ identities.  Onfido will supply its document verification and facial biometric solution for the Orange …

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‘Digital First’ Census raises concerns around storage of personal data & cyber attacks

Research commissioned by Exabeam has revealed that a significant proportion of people in the UK are concerned about how the Government will use and store the data it collects from the 2021 Census. The new study, conducted by YouGov among 1,766 adults in the UK, shows that 48% feel they …

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Identity fraud attempts double as Bitcoin price surges

New data from Onfido reveals a 2 times year-on-year increase in identity fraud attempts in February 2021 in tandem with the 5X year-on-year surge in Bitcoin’s price. Over the past 12 months, the pandemic has driven a surge in fraudsters, with the recent Onfido Identity Fraud report revealing identity fraud increased 41% …

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Revolut and GBG expand partnership to tackle fraud

Revolut is working with GBG to tackle the rise of online fraud and promote the safe adoption of digital services through customer onboarding solutions, including Know Your Customer (KYC) and Anti Money Laundering (AML). Recent findings from PwC claim that 1 in 5 consumers fell victim to identity fraud in 2020, as …

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ATM hacks surged 269% in Europe in 2020 H1, recent findings reveal  

Recent findings by Atlas VPN reveal that cybercriminals started to hack into the ATMs using malware and logical attacks. A logical or malware attack is a type of cyber attack where threat actors alter the ATM software to access the cash dispenser. When hackers gain access to the dispenser, they can …

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