Jan. 10, 2024, 7:15 p.m. | Joel R. McConvey

Biometric Update www.biometricupdate.com


The cycle of biometric and digital identity fraud protection rules might be summed up as follows: criminals use new technology to commit fraud. In response, regulators devise and implement new policies and safeguards; while this is happening (usually slowly), technology progresses enough that new methods of fraud stay ahead of the regulatory curve.

The crime: digital identity fraud


A new report out of Washington highlights just how much suspicious activity in the financial sector is identity-related. A release from …

automation banking biometric biometric liveness detection biometrics biometrics news commit criminals digital digital-identity financial services fraud fraud prevention generative ai identity kyc new technology policies protection regulation regulators response rules safeguards technology war

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