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Latest Results from /identity

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NextGen: AI: How the intelligence revolution is driving what AI can do for banking

At NextGen: AI 2024 taking place for the first time in London, Dr Joe Lyske, co-founder and managing partner of Time Machine Capital², presented the keynote, ‘What can we do with AI?’

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Australian banks pilot fraud intelligence sharing network

Australia's top banks are piloting a fraud and scams intelligence-sharing network using behavioural- and device-based technology from security vendor BioCatch.

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FinCEN warns banks about deepfake threat

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to help banks to spot GenAI-generated deepfake scams.

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Mastercard aims to kill passwords and manual card entry by 2030

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.

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Deutsche Bank invests in ID security firm Akeyless

Deutsche Bank's Corporate Venture Capital (CVC) group has made a strategic investment in identity security firm Akeyless. Terms were not disclosed.

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E-ID firm Authologic raises $8.2 million Series A

Polish identity verification vendor Authologic has closed on an $8.2 million Series A funding round.

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AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

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Mastercard to pilot enhanced ID verification service in Europe

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.

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Fintech Australia backs government's scam prevention plan

The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.

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Ecommerce fraud to exceed $100bn by 2029

The value of ecommerce fraud is set to rise threefold in the next five years, thanks to the impact of AI.

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Banks and technology firms unite to test corporate digital IDs

The UK Government-backed Centre for Finance, Innovation and Technology (CFIT) has teamed up with leading banks and technology firms to test digital verification as a means to combat spiralling levels of economic crime.

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Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.