identity fraud

Duna Raises $12 Million to Bolster Business Identity Platform
Duna Raises $12 Million to Bolster Business Identity Platform
May 06, 2025  |  Investments

Duna, a business identity platform founded by two Stripe veterans, has raised $12.1 million. The Dutch startup announced the seed funding Tuesday (May 6), noting...

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42% of Suspicious Banking Activity Linked to Identity Fraud
42% of Suspicious Banking Activity Linked to Identity Fraud
April 18, 2025  |  Identity theft

As fraudsters leverage sophisticated tactics, including artificial intelligence (AI)-powered identity manipulation, the FinTech sector finds itself in the crosshairs of an escalating battle against financial...

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Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
March 25, 2025  |  Fraud Attack

Auto lenders face an emerging threat from artificial intelligence (AI)-powered fraud tools, according to Point Predictive. The “explosive growth” of these tools may impact lenders...

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ID Verification Platform IDnow Gets $295 Million Corsair Capital Investment
ID Verification Platform IDnow Gets $295 Million Corsair Capital Investment
March 12, 2025  |  Investments

Investment firm Corsair Capital has acquired a majority stake in German identity verification platform IDnow. The company announced the deal last week, and while no...

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Scammers Tap Social Media Selfies and GenAI to Fuel Fraud
Scammers Tap Social Media Selfies and GenAI to Fuel Fraud
March 02, 2025  |  Security & Fraud

The wide availability of selfies on social media has helped fuel artificial intelligence (AI)-powered scams. Speaking to Bloomberg News on Friday (Feb. 28), Center for...

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‘Unbeatable’ Fake IDs Become Booming Underground Business
‘Unbeatable’ Fake IDs Become Booming Underground Business
February 16, 2025  |  Identity

While digital identity crimes are an ever-present threat, fake physical IDs have never gone away. And as The New York Times (NYT) reported recently, these...

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Secure or Be Scammed: Business Identity Innovations Drive Ecosystem Growth
Secure or Be Scammed: Business Identity Innovations Drive Ecosystem Growth
September 25, 2024  |  Authentication

How well do you know the organizations your business transacts with? And how well do they know your business? As the digital transformation accelerates, and...

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Visa Reportedly Weighing $925 Million Featurespace Acquisition
Visa Reportedly Weighing $925 Million Featurespace Acquisition
August 25, 2024  |  Acquisitions

 Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported...

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Social Security Number Hack May Produce New Fraud Vector
Social Security Number Hack May Produce New Fraud Vector
August 18, 2024  |  Security & Fraud

Earlier this year, hackers stole the data of 2.9 billion people from a broker. Now, that breach threatens to usher in a wave of identity...

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