Fraud & Identity

enhances the safety and robustness of Jumio’s solutions in the face of new EU AI Act Jumio, the leading provider of automated, AI-driven identity…

Alchera completed non-face-to-face real-name verification across the web and app channels of Shinhan Life's SOL Life platform, the company said on 4 November 2024.

Sumsub said it was named a Leader in the first Gartner Magic Quadrant for Identity Verification, according to its 24 October 2024 newsroom post.

Reality Defender expanded its Series A to US$33m with Illuminate Financial leading and strategic participation from Booz Allen, IBM Ventures and Accenture.

ting-Edge Solution to Combat Deepfakes and the Spread of Misinformation | Pindrop Newsroom/Pindrop Launches Pulse Inspect: A Cutting-Edge Solution to Combat…

Pindrop secured US$100 million in debt financing from Hercules Capital, the company said on 17 July 2024. It said the money would accelerate its fraud and deepfake detection technology.

Sumsub said a long-term partnership with Finastra will offer Sumsub KYC, KYB, fraud prevention and transaction monitoring to Finastra’s banking clients.

Entrust completed its acquisition of Onfido, combining digital identity verification with Entrust's broader security portfolio.

Honey Badger launched Pre-KYC to flag risky applicants with alternative data before document-heavy KYC steps.

Sumsub said it has launched deepfake detection inside Video Identification, citing a 10x rise in deepfakes in its 2023 Identity Fraud Report.

MetaQuotes said it led a $6 million Series A in Sumsub (formerly Sum&Substance) to fund global expansion of its KYC and AML platform.