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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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AI + Digital Identity: Why You Still Need Humans

Today’s data driven world has ushered in an era of constant tracking, monitoring, listening and learning. Customers expect businesses to automate their processes for efficient and positive experiences. Products are created to be tailored to individual’s needs and interests. In response, companies are leveraging data – and Artificial Intelligence (AI) capabilities in particular – to … Continue reading “AI + Digital Identity: Why You Still Need Humans”

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A Worldwide Approach to Global IDs: Why Setting the Standard is No Easy Feat

Organizations and government entities are struggling on a global scale to determine the best methods for approaching identity management. The conversation around national digital IDs is not new. Governments around the world have expressed both interest and concern, in roughly equal amounts, about adopting these in their countries. However, some citizens of more developed countries … Continue reading “A Worldwide Approach to Global IDs: Why Setting the Standard is No Easy Feat”

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Global Challenges with Establishing Identity in Today’s Digital Economy: A Look from a Solutions Provider POV

Acuant CEO Yossi Zekri recently spoke at London’s premiere Identity Week Show recently. Here is a bit of what Yossi had to say from Acuant’s point of view on the global challenges in establishing identity today. We are all aware that establishing identities today is not foolproof. There is no perfect solution to protect customers … Continue reading “Global Challenges with Establishing Identity in Today’s Digital Economy: A Look from a Solutions Provider POV”

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Millennials & Mobile Health: How Providers Can Maximize Convenience & Minimize Fraud

As the largest generation in the U.S., wielding growing purchasing power, Millennials have driven change in all industries – from retail to automotive, banking to healthcare, examples of disruption abound. Their preferences are backed by powerful dollars and any company foolish enough to ignore that fact will be faced with irrelevance in short order. It … Continue reading “Millennials & Mobile Health: How Providers Can Maximize Convenience & Minimize Fraud”

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