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The Deadline for the Real ID Act Legislature is Approaching, Are Any of Us Ready?

A survey from the U.S. Travel Association found that 72% of Americans do not have a REAL ID-compliant license or are unsure if they do. Furthermore, more than half (57%) are unaware of the October deadline and it is estimated that 39% of Americans do not hold the proper identification to board an airplane starting … Continue reading “The Deadline for the Real ID Act Legislature is Approaching, Are Any of Us Ready?”

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The New Buzzword in Identity Proofing: Believe the Hub Hype

There are many factors influencing the need for stronger identity proofing solutions in 2020, but fraud prevention and compliance are two of the leading drivers. A significant increase in digital transactions has created an environment for fraudsters to hide their activities within millions of transactions occurring every day. A report by Experian in 2019 found … Continue reading “The New Buzzword in Identity Proofing: Believe the Hub Hype”

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ID Theft Checkup: 4 Ways Medical Organizations Can Better Protect Patient Data

2019 was the worst year in history for healthcare data breaches. Almost 32 million patient records were breached during the first half of 2019 – more than double the number of records breached over the entire 2018 calendar year, according to the Protenus Breach Barometer. Many high-profile organizations such as American Medical Collection Agency fell … Continue reading “ID Theft Checkup: 4 Ways Medical Organizations Can Better Protect Patient Data”

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Acuant Predictions: All Eyes on Identity in 2020

As we look to 2020, we will see the protection of consumer data become a legitimate business, with the power finally in the hands of consumers evaluating what businesses they trust. Facial recognition authentication will go mainstream as businesses evaluate the best way to ensure each customer’s digital identity matches their real identity. And investments … Continue reading “Acuant Predictions: All Eyes on Identity in 2020”

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Fraudsters Thrive During Holiday Season: Learn How You Can Stay Safe

It’s that time of year when our attention turns to family, friends, good cheer and, of course, shopping. eMarketer forecasts that total US retail sales will climb 3.8% to $1.008 trillion during the 2019 holiday season, making it the first ever trillion dollar holiday season. The firm expects US retail ecommerce spending will rise 13.2% … Continue reading “Fraudsters Thrive During Holiday Season: Learn How You Can Stay Safe”

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How Legislation is Driving the Future of Digital Identity

As we predicted last year, GDPR progress has driven additional identity-related legislation. Consumers want to know that steps are being taken to put value on their identity and politicians are enacting legislation around digital IDs. Consumers have also been driven to advocate for more ownership over how and when their personal information gets shared. Mastercard … Continue reading “How Legislation is Driving the Future of Digital Identity”

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Mythbusting the CCPA: Why the New California Consumer Privacy Act Matters to You

In less than 60 days, the California Consumer Privacy Act (CCPA) will take effect. Security and privacy experts say it is the strictest data privacy law in the US and requires protections similar to GDPR. This law grants California residents new rights with respect to personal information collected about them by companies. They have the … Continue reading “Mythbusting the CCPA: Why the New California Consumer Privacy Act Matters to You”

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What it Takes to Create Trusted Identities in a Digital Economy

Acuant CEO, Yossi Zekri, was interviewed in this exclusive with The Paypers. You can read the original here. Acuant was also a featured solutions provider in The Paypers Fraud Prevention and Online Authentication Report 2019/2020.   If we look at the current challenges faced in the identity-based transactions ecosystem, what risk issues are the most … Continue reading “What it Takes to Create Trusted Identities in a Digital Economy”

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Use Case Spotlight: Regional Credit Union Uses Acuant to Stop Synthetic ID Fraud

A recent study from a regional Credit Union stated that over the course of a few months, Acuant had saved hundreds of hours in employee time and tens of thousands of dollars in losses. This credit union, which serves more than 400 employer groups, was being targeted by fraudsters with synthetic IDs – fake identities … Continue reading “Use Case Spotlight: Regional Credit Union Uses Acuant to Stop Synthetic ID Fraud”

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Synthetic Identity Fraud Is The Fastest Growing Financial Crime — What Can Banks Do To Fight It?

Glenn Larson is the Vice President of Engineering at Acuant and is a member of Forbes Technology Council,  an invitation-only community for world-class CIOs, CTOs and technology executives. Read his article for the Forbes Tech Council below, or you can read the original here.   Synthetic identity fraud is a relatively recent phenomenon that is on … Continue reading “Synthetic Identity Fraud Is The Fastest Growing Financial Crime — What Can Banks Do To Fight It?”

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