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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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The Rise of Self-Service Retail: How to Keep Shoppers Happy While Avoiding Fraud

Last week privately-held retailer Forever 21 filed for bankruptcy. Once a beloved and well trafficked store for the teenage set, the chain is the latest retailer to fall victim to consumers’ changing shopping habits, even as spending remains strong. According to the U.S. Census, retail sales hit a record of $6 trillion in 2018. But shifts in consumer … Continue reading “The Rise of Self-Service Retail: How to Keep Shoppers Happy While Avoiding Fraud”

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Why You Can’t Believe Your Eyes: Deepfakes – the Newest Threat to Identity

The rapid rise of deepfake technology has become a hot topic. Celebrities and public figures have been prominently “featured” in viral deepfake videos – from the now-famous lip synching video of former President Obama, to the recent video seamlessly morphing comedian Bill Hader into Tom Cruise, then Seth Rogan. But there is a very real … Continue reading “Why You Can’t Believe Your Eyes: Deepfakes – the Newest Threat to Identity”

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Verifying Identity In Today’s Digital Economy: A Look At Regulated Retail

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. Digital adoption has changed the very nature of business and customer interactions. … Continue reading “Verifying Identity In Today’s Digital Economy: A Look At Regulated Retail”

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Move Over Millennials, Gen Z is Banking Smarter: Why Banks and Fintechs Must be Mobile Centric to Capture the Market

It may be hard to believe but Generation Z, those born between 1996 and 2010, now hold up to $143 billion in spending power. This generation is heading off to college, getting their first job and buying their first car. As they embark on their lifelong financial journey, Gen Z is ripe opportunity for fintechs … Continue reading “Move Over Millennials, Gen Z is Banking Smarter: Why Banks and Fintechs Must be Mobile Centric to Capture the Market”

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