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Biometrics could be a fix for the growing headache of synthetic ID fraud
Jan. 16, 2024, 10:25 p.m. | Joel R. McConvey
Biometric Update www.biometricupdate.com
Biometrics and digital ID firms are responding to a significant uptick in synthetic identity fraud, which uses generative AI and a combination of stolen and falsified information to create a potent attack vector. As the problem grows, more emphasis will fall on biometric liveness detection.
Socure reframes identity capture to address synthetic identity fraud
Socure has launched its new Sigma Fraud suite, which aims to tackle identity fraud by reframing digital identity as a holistic continuum of data rather …
attack attack vector biometric biometric liveness detection biometrics biometrics news detection digital digital id financial services fix fraud fraud prevention generative generative ai identity id fraud information liveness detection problem socure stolen synthetic synthetic data synthetic identity synthetic identity fraud
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