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This Valentine’s Day, fight romance scams with ID verification
Feb. 14, 2024, 8:20 p.m. | Stephen Mayhew
Biometric Update www.biometricupdate.com
Romance scams, or scams where bad actors leverage online dating to extract money from its victims, can happen year round but are especially notable on Valentine's Day. Online daters express concern and would like to see more identity verification take place.
Cases of romance scams have grown exponentially in recent years. In 2022, the U.S. Federal Trade Commission received almost 70,000 cases totalling $1.3 billion in losses, while it saw less than 53,000 cases in 2020 and just over …
bad bad actors biometric liveness detection biometrics biometrics news can cases dating express extract fraud prevention identity identity verification id verification mobile biometrics money online dating romance romance scams scams transunion valentine valentine's day verification
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