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Identity fraud in the united kingdom identity fraud in the uk

The Price of Identity Fraud in the UK 

Identity fraud in the UK has escalated over the past few years, recently predicted in December of 2024 to cost the UK government a shocking £1.8 billion per year. Businesses must protect themselves with IDV and KYC checks....
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Understanding User Risk From Identity Fraud

In 2023, 1.9 million British consumers fell victim to financial account misuse. These shocking statistics clearly point to the need for increased measures against these fraudulent practices, starting with advanced biometrics....
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Securing Fintech: Active Identity Verification

A biometric identity verification solution is crucial for organizations across all sectors, especially in the finance sector. Biometric identity verification is efficient and far more effective than error-prone manual methods....
Deepfake detection tools

Deepfake Detection For The Modern Media Threat

The rise of deepfakes has introduced new risks for businesses, eroding the foundations of digital trust. AI-generated deepfakes are capable of mimicking speech, facial expressions, and gestures with startling accuracy....
Top 5 customer identity verification challenges

Top 5 Customer Identity Verification Challenges

While customer identification tools have become more widely available and increasingly sophisticated in recent years, presentation attacks, also known as spoofs, continue to evolve. Uncover the top IDV challenges faced globally....
Aml compliance kyc kyc check

Navigating KYC vs AML Compliance in Finance

KYC and AML are a set of best practices and processes to help businesses reduce their risk of fraud. Compliance is not optional for financial services, and the right infrastructure can ensure compliance and avoid costly fines....
Biometric identity verification

Use Cases For Biometric Identity Verification

With global fraud risks escalating at an alarming rate, which sectors need to implement biometric identity verification? Biometric verification has never been more critical to safeguard all sectors than in this digital era....
Detecting synthetic identity fraud in 2025

Detecting Synthetic Identity Fraud in 2025

Synthetic identity fraud is on the rise, and it poses a real threat to every business. Facial biometric analysis, AML risk scoring, and other advanced fraud detection solutions can help quickly spot synthetic identity fraud....
The evolution of the risk based approach in aml

The Evolution Of The Risk Based Approach in AML

Assessing customer risk is key to preventing crime within the finance sector. Learn how financial services organizations use a risk based approach with Customer Due Diligence (CDD) to mitigate fraud-related risk specifically. ...