Identity theft

Breaking News: $MBID is Officially Listing on Coinstore

Retrieved on: 
Tuesday, February 27, 2024
Blockchain, USD, SSI, LOI, Digital, Growth, Empowerment, Identity theft, Ecosystem, Privacy, USDT, Partnership, Cryptocurrency

SINGAPORE , Feb. 27, 2024 (GLOBE NEWSWIRE) -- With a buzz of anticipation, the official listing of $MBID on Coinstore is set for February 25, 2024.

Key Points: 
  • SINGAPORE , Feb. 27, 2024 (GLOBE NEWSWIRE) -- With a buzz of anticipation, the official listing of $MBID on Coinstore is set for February 25, 2024.
  • This milestone not only underscores robust investor confidence but also lays a solid foundation for the token’s future growth.
  • We’re seeing the laying down of a gauntlet: a challenge to the status quo of digital identity management.
  • This is digital identity on the next level, designed for the user of today, ready for the challenges of tomorrow.

Imprivata launches new Biometric Patient Identity solution to protect patient privacy and address misidentification crisis

Retrieved on: 
Tuesday, February 27, 2024
Cloud, Name, Epic Systems, Medicine, Fraud, EHR, Approximation error, Communication, Risk, Identity theft, Health care, HIPAA, City, Medical error, Allergy, Organization, Patient, Privacy, Facial recognition, Research, Nursing

WALTHAM, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Imprivata , the digital identity company for life- and mission-critical industries, today announced the availability of Imprivata Biometric Patient Identity , a first-of-its-kind facial recognition solution developed for the unique privacy needs of healthcare organizations to ensure accurate and efficient patient identification.

Key Points: 
  • WALTHAM, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Imprivata , the digital identity company for life- and mission-critical industries, today announced the availability of Imprivata Biometric Patient Identity , a first-of-its-kind facial recognition solution developed for the unique privacy needs of healthcare organizations to ensure accurate and efficient patient identification.
  • The solution comes at a critical time when patient misidentification presents a growing problem in the U.S., as research shows that 24% of an organization’s healthcare records were duplicates.
  • Designed with HIPAA compliance in mind, the solution solely uses biometric data for approved purposes, ensuring patient data stays as private as the patient’s health record.
  • Imprivata invites healthcare professionals and organizations to discover more about Imprivata Biometric Patient Identity and embrace the future of patient safety with confidence.

BIO-key Receives $1.5M Pre-Paid, Two-Year Software Subscription Order for its Biometric Identification Platform

Retrieved on: 
Tuesday, February 20, 2024
International, Access management, IAM, Identity, Identity management, Growth, Fraud, CLO, Identity theft, Workforce

The agreement follows continued strong growth in client enrollments by the customer over eight years since its first deployment.

Key Points: 
  • The agreement follows continued strong growth in client enrollments by the customer over eight years since its first deployment.
  • The BIO-key system streamlines and enhances security for the client identification process for over 25 million clients and contemplates approximately 12% annual growth in users over the next year.
  • BIO-key’s enhanced biometric technology automates and streamlines the positive identification of customers at various contact points within its branches.
  • BIO-key’s solution was originally selected following exhaustive testing to confirm both accuracy, scalability and scanner interoperability for security and future growth in enrollment.

The Cost of Looking for Love: IDShield Reports 7 out of 10 Dating App Users Scammed with Most Losing More than $10,000

Retrieved on: 
Thursday, March 7, 2024
Data Management, Technology, Professional Services, Communications, Social Media, Security, Apps, Applications, Software, Other Professional Services, Networks, Legal, Love, Prevalence, Identity theft, Heart, Social Security, Social, Fraud, LegalShield, Multimedia, AI, Online shopping

View the full release here: https://www.businesswire.com/news/home/20240307150330/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240307150330/en/
    New survey data released by IDShield found a staggering 7 out of 10 Americans who use dating apps have been scammed, losing money and risking their identity.
  • (Graphic: Business Wire)
    The survey, conducted on behalf of IDShield, a brand of LegalShield , polled more than 270 people who have used a dating app in the past three years.
  • “Love may be blind, but users don't have to be blindsided if they take steps to protect themselves before setting up a profile."
  • Repeat Victims: 63% of people have been scammed more than once on a dating app.

GEICO Announces Tangela Richter as Chief Legal Officer

Retrieved on: 
Wednesday, March 6, 2024
Law Enforcement, Emergency Services, Professional Services, Legal, Insurance, Public Policy, Government, Condo, Multimedia, Capital One, Harvard Law School, Howard University, Wells Fargo, Identity theft, LendingClub, Berkshire Hathaway, Concert dance, American Express, Environment, Management

GEICO announced Tangela Richter has joined the company as its new Chief Legal Officer, reporting to Chairman, President & CEO Todd Combs.

Key Points: 
  • GEICO announced Tangela Richter has joined the company as its new Chief Legal Officer, reporting to Chairman, President & CEO Todd Combs.
  • Richter will oversee all of GEICO's legal functions as well as government and regulatory affairs.
  • View the full release here: https://www.businesswire.com/news/home/20240306561086/en/
    GEICO named Tangela Richter Chief Legal Officer with responsibility for all the company's legal functions as well as government and regulatory affairs.
  • “We are very fortunate to have someone with Tangela’s talents and experience leading our legal, government and regulatory affairs team,” said Todd Combs, GEICO Chairman, President & CEO.

New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider

Retrieved on: 
Wednesday, March 6, 2024
Software, Banking, Accounting, Professional Services, Family, Personal Finance, Consumer, Technology, Data Analytics, Insurance, Finance, Consulting, FICO, Fraud, Digital, Frustration, Identity theft, Organization, Crime, Heart, Research, Online shopping

69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider.

Key Points: 
  • 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider.
  • The report surveyed approximately 1,000 Americans on how they feel financial institutions are managing their digital banking experiences.
  • A third of respondents (32%) note that strong fraud protection is the most important consideration when opening a new account.
  • FICO will showcase its new innovations and use cases for FICO® Platform at FICO® World, FICO’s premier client event held April 15-18, 2024, in San Diego.

Regula Elevates ID Fraud Protection with Enhanced Liveness Checks

Retrieved on: 
Thursday, March 7, 2024
Homeland Security, Air, Transport, Other Technology, Telecommunications, Public Policy, Government, Software, Networks, Internet, Other Professional Services, Mobile, Wireless, Technology, Apps, Applications, Other Defense, Insurance, Finance, Consulting, Security, Marketing, Banking, Law Enforcement, Emergency Services, Communications, Professional Services, Small Business, Audio, Video, Defense, Fintech, Business, Other Travel, Artificial Intelligence, Travel, Algorithm, MLI, Multimedia, Holography, ID, Fraud, RFID, Identity theft, Observation, Regula, Rest, SDK, Organization, OVI, Environment, Security printing

View the full release here: https://www.businesswire.com/news/home/20240306499292/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240306499292/en/
    Regula Document Reader SDK verifies the authenticity of an ID by checking its optically variable features (Photo: Business Wire)
    Responding to this growing need for additional fraud protection, Regula has released an update for its Regula Document Reader SDK , a comprehensive solution for the most reliable and secure identity document verification.
  • The updated Regula Document Reader SDK can reliably validate the authenticity of an ID by verifying such optically variable features.
  • With advanced document liveness detection, Regula Document Reader SDK effectively prevents identity fraud and other types of fraud, such as printed photo attacks and screen replay attacks.
  • That’s why we never stop researching and improving the functionality of Regula Document Reader SDK,” says Ihar Kliashchou, Chief Technology Officer at Regula.

Allianz Trade launches Allianz Trade pay, a new range of services fully dedicated to B2B e-commerce activities

Retrieved on: 
Wednesday, March 6, 2024
Technology, Insurance, Payments, Finance, Security, Banking, Electronic Commerce, Professional Services, Retail, Online Retail, BNPL, Marketing, CMS, API, Allianz, Risk, Identity theft, Ecosystem, KYB, Online shopping

Allianz Trade pay provides simplicity, security, flexibility and competitiveness

Key Points: 
  • Allianz Trade pay provides simplicity, security, flexibility and competitiveness
    With its e-commerce credit insurance, Allianz Trade offers real-time coverage against non-payment risks to B2B marketplaces, BNPL1 providers and e-merchants.
  • As such, Allianz Trade launches Allianz Trade pay, a wide set of solutions dedicated to all e-commerce players, from credit insurance to instant financing and KYB processes.
  • The strength of Allianz Trade pay lays in the provision of complementary services, with frictionless integration to your payment pathway.
  • Allianz Trade pay brings simplicity, security, flexibility and competitiveness to the B2B e-commerce market,” states François Burtin, Global Head of e-commerce at Allianz Trade.

Consumer Comfort Plummets As Only 5% Highly Trust Tech Companies to Safeguard Biometric Data

Retrieved on: 
Wednesday, February 21, 2024
Online Privacy, Data Management, Security, Health, Technology, Biometrics, Privacy, Identity theft, Facial recognition, Woman, GDPR, Research, BIPA, Legislation, Online shopping

According to GetApp's 2024 Biometric Technologies Survey of 1,000 consumers, the number of individuals who highly trust tech companies to safeguard biometric data has absolutely plummeted, falling from 28% in 2022 to a mere 5% in 2024.

Key Points: 
  • According to GetApp's 2024 Biometric Technologies Survey of 1,000 consumers, the number of individuals who highly trust tech companies to safeguard biometric data has absolutely plummeted, falling from 28% in 2022 to a mere 5% in 2024.
  • Consumer comfort levels have dropped considerably when sharing:
    This discomfort is fueled by various security concerns regarding data breaches, misuse of data, identity theft, and reduced privacy.
  • Beyond security concerns, 63% of consumers lack faith in the accuracy of biometric technology, compared to just 38% in 2022.
  • A big push against biometric data sharing coincides with the explosion of generative AI into public consciousness in 2023.

FICO UK Research Finds Fraud Protection Is a Bank’s Secret Advantage

Retrieved on: 
Monday, February 19, 2024
Professional Services, Security, Technology, Finance, Software, Banking, Acquisition, Research, Identity, Friction, Education, Roche, API, ID, Crime, Identity theft, FIS, Science, Digital banking, Cryptocurrency

Once simply viewed as necessary overhead, according to the new research fraud departments are now the secret weapon in winning customers.

Key Points: 
  • Once simply viewed as necessary overhead, according to the new research fraud departments are now the secret weapon in winning customers.
  • Fraud protection was cited as the highest priority for individuals when choosing a provider for a new financial account.
  • The FICO research shows the shift, as 54% believe fingerprint scans provide essential protection; 52% ranked face scans and 49% iris scans.
  • Read the full report and find out how FICO can help banks and other financial institutions implement successful fraud protection.