Identity verification stories

Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.

As AI's influence grows, the cybersecurity landscape will face new regulations and challenges by 2025, urging firms to adapt to dynamic compliance measures.

iProov has integrated its biometric authentication platform with Microsoft Entra ID, enhancing security for over 345 million users against identity fraud.

Authsignal has launched its innovative Palm Biometrics Identity Experience Terminal, integrating palm biometrics with mobile driver's licenses for secure identity verification.

iProov forecasts that by 2025, deepfake technology will threaten news integrity and financial markets, prompting urgent calls for stronger identity verification.

AI-driven fraud threatens to undermine Black Friday and Cyber Monday shopping, with UK scams costing victims over GBP £11.5 million last year.

Human-rights charity Sex Matters warns that inaccuracies in UK government records about sex could jeopardise the Data Use and Access Bill's integrity.

Jumio has appointed Mike Nawrocki as Chief Revenue Officer, bringing over 25 years of sales leadership to enhance its identity verification solutions.

Ping Identity has achieved a remarkable 31% year-on-year growth in Annual Recurring Revenue, now approaching USD $800 million amidst industry recognition.

Security experts warn of heightened cyber threats by 2025, including AI-driven attacks and vulnerabilities from quantum computing advancements.

Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.

Google's move to enforce multifactor authentication for all Cloud accounts has ignited varied reactions, urging firms to bolster security against rising cyber threats.

Okta has unveiled new features for its Workforce Identity Cloud to tackle security challenges like identity breaches and MFA overload in enterprises.

A Regula survey reveals that over half of Singaporean companies face deepfake fraud, with 56% experiencing audio scams, sparking global concerns.

Cloudflare introduces Plexi to verify public keys in end-to-end encryption for messaging apps, starting with WhatsApp, enhancing user trust and security.

North Korean IT workers have infiltrated major US and European companies using stolen identities, posing potential security threats, reveals Mandiant exposé.

KnowBe4 warns of North Korean fake employee scam; firm thwarted a sophisticated cyber-attack just 25 minutes after a fraudulent hire accessed company systems.

Gartner predicts that by 2026, over 500 million smartphone users will use digital identity wallets for verifiable claims, transforming digital credential management.

ConnectID by AP+ integrates with Lendela, enhancing the loan matching service's security and efficiency for Australian borrowers, addressing a market of 2.8 million.

Marqeta partners with Zero to launch an eco-friendly UK finance app targeting Gen-Z and Millennials, promoting sustainable spending and climate-positive actions.