234 Results from /identity
Stan Cowan
Generally, when you talk to a team who handles fraud at financial institutions, fintechs, or other similar organizations, one of their biggest goals is to reduce the overall number of suspicious events that require a human in the loop to manually review an application, transaction, or newly onboarded account. With today’s modern automatic decisio...
14 October 2022 /identity /crime Artificial Intelligence and Financial Services
Digital change happens at the speed of light, and fraudsters move nearly as quickly to exploit vulnerabilities and gaps in fraud prevention capabilities. Financial institutions cannot afford to leave protection up to chance. Consumer demand for digital-everything has been steadily rising for years but has sped up since the height of the pandemic. S...
10 October 2022 /identity /crime Artificial Intelligence and Financial Services
The battle against fraud in this evolving digital world is never-ending.There’s this so-called “squeezing a balloon effect” in the area of fraud among financial institutions — and credit unions are no exception. In the global landscape, financial institutions including credit unions should expect the unexpected. The battle against fraud in this ev...
07 October 2022 /identity /crime Financial Risk Management
Today’s financial landscape has been fraught with numerous issues such as data breaches, cyberattacks, identity theft, and credit card fraud. Experts believe that these issues contribute to fraudulent transactions and, if not mitigated, will lead to customer churn and further business loss. According to a Carnegie Mellon University study, customer...
06 October 2022 /identity /crime Digital Banking Trends
Irina Latushkina Chief Business Development Officer at AIROME Technologies
Talking about digital banking, we all mostly imagine innovations for retail clients: digital teams work hard to provide digital onboarding without a visit to a branch, fully digital experience in mobile or internet, omni-channel approach and even security… It all has become buzzwords and hot topics at all the banking conferences. But what about co...
06 October 2022 /payments /identity Banking Strategy, Digital and Transformation
Sara Croft Head of Marketing at TrustID
The rules around how employers check an applicant’s Right to Work in the UK has changed. Tony Machin, Chair of the Association of Document Validation Professionals and CEO of TrustID, a certified identity service provider (IDSP) in the UK, explains what recruiters need to know about the changes and why it is important to act now. First a bit of s...
30 September 2022 /cloud /identity
Traci Krepper Head of Propositions, Identity and Fraud at Experian UK&I
Consumers and businesses are facing numerous threats as fraudsters deploy new and sophisticated scams to part people from their digital identity and money. 2022 has so far proved to be a happy hunting ground for UK fraudsters – credit card fraud, scams, and ease of access methods are creating a perfect storm for fraudsters. What trends have emerge...
22 September 2022 /identity /crime
Barley Laing UK Managing Director at Melissa
The war in Ukraine has triggered a proliferation in sanctions against leading politicians, businesspeople and entities in both Russia and Belarus. It has left many in financial services struggling to keep up with the large number of sanctions announced by the territories they operate in, which they are legally required to adhere to. Failing to prop...
12 September 2022 /regulation /identity Digital Identity Management
Steve Bradford Senior Vice President EMEA at SailPoint
2022 has so far seen an insatiable appetite for stories of fraud. From ‘The Tinder Swindler’ Simon Leviev fooling potential love interests into giving him millions of dollars to escape his "enemies”, to con artist Anna Delvey winning the hearts and purses of New York’s social elite in ‘Inventing Anna’, fraud has become the most popular topic ...
31 August 2022 /security /identity Information Security
Martyn Wilson Head of UK Financial Services Sector at NetApp
The foundation of the relationship between brands and their customers is communication. As such, an organisation’s ability to foster trust and grow its operation is inextricably connected to its ability carry out “successful” conversations. However, in our complex, digital-first world, there are now so many avenues for businesses to engage with the...
17 August 2022 /retail /identity
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