Bank SinoPac Pulls New App After Unauthorized Transfers From 419 Customer Accounts
Taiwan’s Bank SinoPac has taken its new mobile banking app offline after 427 unauthorized transfers totaling more than NT$40 million (about US$1.21 million)…
fraud
Articles tagged with fraud
US House Panel Hears That the Federal Identity Model Can’t Keep Up With AI Fraud
Witnesses at a US House oversight hearing told lawmakers that the federal government’s approach to verifying identity is outmatched by fraud rings using…
AI Update: Fable 5 and America 250
The AI Update will be a little different this week, and in the weeks to come. If you have been following this column for a while – first of all, […]
ID.me Taps Former State Executive Mitch Melis as Field CTO for Public Sector
ID.me has appointed Mitch Melis, a former state executive, as Field Chief Technology Officer (CTO) for the public sector. The field CTO role typically sits at…
US Lawmakers Promote Mobile Digital ID and Device Biometrics as Fraud Countermeasure
Two US lawmakers are publicly advocating for a digital identity framework that leverages mobile devices and built-in biometric security as a way to combat…
3DiVi Releases Biometric Anti-Fraud 1.15 with Compliance and Deepfake Detection Upgrades
3DiVi has released version 1.15 of its Biometric Anti-Fraud platform, introducing a set of updates focused on privacy compliance, image quality control, and…
Identity Data Has Become The Primary Target For Criminals In 2025: Regula
Regula has published a year-end fraud briefing arguing that identity data has become the central target of modern criminal activity as AI-enabled attacks scale…
AI Update: Mickey Mouse Joins the Soraverse
Welcome to the newest edition of ID Tech’s AI Update. Here’s the latest big news on the shifting landscape of AI and identity technology: Disney has joined in…
Mitek Posts Record FY2025 Revenue, Guides FY2026 Fraud and Identity Solutions Growth at 15 Percent
Mitek is using its fiscal 2025 results to reinforce a strategic narrative that it is an identity and anti-fraud company, not only a remote deposit capture…
U.S. Department of Education Reports $1B in Blocked Student-Aid Fraud After Mandatory Identity Verification Push
The U.S. Department of Education says it has prevented more than $1 billion in attempted federal student-aid fraud since January 2025, attributing the results…