March 28, 2024, 7:30 p.m. | Bianca Gonzalez

Biometric Update www.biometricupdate.com


It's been widely noted in the biometrics space that fraud has evolved with the rise of deepfakes, generative AI, and more intricate document tampering, but also better monitoring software. And now, fraud rates are trending upwards because fraud detection is improving, according to the first edition of the Identity Fraud Report from identity verification provider Yoti.

No one actually knows for sure to what extent fraud is increasing or decreasing. Data on fraud can only go based on businesses …

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