Veriff Times
How technology and human expertise combine to combat fraud and delight customers
Fraud prevention is a mix of cutting-edge technology and human expertise. Mike O'Callaghan, who brings over 30 years of experience at companies like Skype, Amazon, and Expedia Group, loves the direct involvement with customers here at Veriff. In our upcoming webinar, join Mike and other Veriff experts as they discuss holistic fraud prevention strategies, enhanced customer experiences, and the role of innovation in keeping fraud at bay.
Consumers face growing threats from online fraud. They expect businesses to protect them, and many are now embracing biometrics as a powerful defense. Download our Veriff Fraud Index 2024: Part 2, our most comprehensive survey of end-users yet, with deeper insights and a record number of respondents. The report confirms a trend we’ve seen for years: fraud is growing in scale and complexity, often driven by AI.
We're heading to Vegas, but we won't be taking any chances with fraud protection! Come meet the Veriff team at Money20/20 to discover how we can help your business reach its full potential. Plus, enjoy an exclusive discount on your attendance, and stop by booth #11617 for a chance to win big in our exciting giveaway.
A disturbing scandal has surfaced in South Korea, where AI-generated explicit images of women and minors are being shared on Telegram. Victims are living in fear, while activists call for stricter regulations. Authorities are now investigating the platform's role in enabling these crimes. This tragic event highlights the urgent need for advanced identity verification tools to combat the misuse of AI technology. Learn more about the crisis and what can be done to protect vulnerable groups.
Meet the team: Veriff in Latin America
As Veriff continues to expand globally, we're excited to announce our presence in Mexico, Brazil, and Colombia. Latin America is a vibrant hotspot for the digital economy, offering immense opportunities for consumers and businesses alike. However, the rise of online fraud is a growing concern. Discover more about consumer attitudes towards fraud, risk, and digital identity in the region in our latest report. With Veriff on the ground, we’re ready to support businesses in navigating these challenges.
How can biometrics transform the way we verify identities and protect accounts? In our recent Biometrics Intelligence Report, Veriff experts, Geo Jolly, Margit Kubi, and Christopher Hooper, delve into the rise of digital fraud, growing consumer concerns, and how AI-enhanced biometric security can meet the demands of today’s digital world. Watch the full conversation to gain insights on the transformative role of biometrics in protecting user accounts.
AML compliance world tour: key IDV regulations
Money laundering and terrorist financing remain critical threats to global financial systems, impacting up to 5% of global GDP. To combat these dangers, financial institutions must adopt strong compliance measures. Read our latest blog to learn more about global efforts, regulations, and best practices to detect and prevent these suspicious activities.
"With large-scale data breaches exposing billions of user records in 2024 alone, account takeover attacks have become one of the most damaging types of fraud," says Brittany Allen, Senior Trust and Safety Architect at Sift. Fraud-as-a-Service is an alarming trend—learn more about the growing threat and how to protect your business.
We are proud to announce major improvements to our machine learning models for liveness detection. This milestone enables us to bring the highest standards of biometric security to our global customers. Discover how these enhancements elevate our security offerings and protect your users from advanced fraud tactics.
In this episode of Veriff Voices, Abe Post-Hyatt, Manager, Strategic Revenue at Veriff, interviews his grandmother, Alice, for a fascinating conversation about the evolution of software, technology, and identity verification. Hear their thoughts on moving from traditional banking to online transactions, the risks of scams, and why identity verification matters more than ever in today's digital world.
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