Tag: fraud detection
LexisNexis Risk Solutions to acquire IDVerse
December 16, 2024SSN Staff
NEW YORK — LexisNexis Risk Solutions, a part of RELX, has entered into an agreement to acquire IDVerse, a provider of AI-powered automated document authentication and fraud detection solutions.
As a result, IDVerse will become part of LexisNexis Risk Solutions Business Services.
Founded in Australia and launched commercially in 2018, IDVerse uses AI to combat fraud and deepfakes. Its proprietary technology is powered by a neural network which verifies the authenticity of identity documents...
AU10TIX launches Know Your Business (KYB) solution
February 27, 2024SSN Staff
TEL AVIV, Israel – Identity verification and management solution provider AU10TIX has launched an innovative Know Your Business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses.
The company said it combines KYB with Know Your Customer (KYC) processes so that the offering addresses every KYB business need, from sole traders to corporates, including KYC for UBOs and associated entities.
“Increasingly...
Authenticate.com launches Identity Verification Infrastructure as a service (IaaS) for online platforms
August 31, 2022SSN Staff
SANTA MONICA, Calif. – Information verification tech provider Authenticate.com has launched their Identity Verification Infrastructure as a Service (IaaS) for customers in their efforts to prevent fraud using platforms like Guesty, Shopify, and Hostaway.
Consumers in the U.S. lost more than $5.8 billion to fraud in 2021 according to the Federal Trade Commission. An increase of more than 70% from the previous year Authenticate.com said in their press release. “Because the COVID-19 pandemic...
Verint to acquire Victrio
October 29, 2013Leah Hoenen
MENLO PARK, Calif.—When you hear “This call may be recorded for quality assurance,” chances are good that Verint is behind it. With the Oct. 29 acquisition of Victrio, Verint's call data can now help protect customers from fraud by using advanced voice biometric technology.“Large banks who also use our physical security solutions at the ATM level and inside the bank now have the benefit of helping fight fraud using Victrio solutions,” said Ryan Hollenbeck, senior vice...