CFOtech UK - Technology news for CFOs & financial decision-makers

Identity verification stories - Page 3

Traveler airport lounge conversational trip planning digital globe

Sabre, PayPal & Mindtrip unveil AI travel assistant

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Sabre, PayPal and Mindtrip are teaming up on an AI travel assistant that lets users discover, book and pay for trips in one chat-based flow.
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Legal Brokers launches iDWallet app for UK ID checks

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Legal Brokers launches iDWallet app in the UK, promising faster biometric ID checks as sectors face tougher anti-money laundering demands.
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Okta warns of North Korean fraud in remote tech hiring

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Okta warns North Korean operatives are landing remote tech jobs with stolen and synthetic identities to fund the regime and enable cyber attacks.
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AI-fuelled romance scams surge with deepfake deception

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AI-driven romance scams using deepfakes and chatbots surge, tricking Australians into long-term emotional manipulation and costly frauds.
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Cloaking drives surge in PropellerAds ad safety blocks

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Cloaking dominates PropellerAds' 2025 safety report as stricter checks drive a 35% rise in blocked campaigns and more account suspensions.
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ChatGPT caricature trend raises fresh ID fraud fears

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Daon warns viral ChatGPT caricature craze is handing fraudsters a richer dossier of personal data to fuel scams and social engineering.
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Romance scam losses exceed £106m as Valentine's Day approaches

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UK romance scam losses top GBP £106m as organised fraudsters exploit Valentine's surge, with average victims losing more than GBP £11,000.
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FDATA appoints Kat Cloud to strengthen open finance security

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FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.
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IDnow hires ex-Ukraine minister for digital identity push

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digital transformation
IDnow hires former Ukraine digital minister Liudmyla Rabchynska to steer EU identity wallet and eIDAS 2.0 regulatory strategy.
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Google, Entrust team on AI ID checks to fight UK fraud

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Google Cloud and Entrust strike AI-based identity fraud pact as UK firms face rising injection attacks and losses of about GBP £1.8 billion.
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How five digital forces will redefine banking by 2026

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digital transformation
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Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.
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AI turns romance scams into industrial-scale fraud

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AI is turning romance scams into industrial-scale fraud, with deepfakes and chatbots driving billions in losses, Tenable warns.
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Yaspa joins UNLV AI research hub for safer gambling

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gaming
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data analytics
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digital transformation
Yaspa joins UNLV's new AiR Hub as a founding member, aiming to harness AI and open banking data to bolster safer, more responsible gambling.
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Dark web 'fraud superstore' struggles with AI checks

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Dark web 'fraud superstores' expand slick services but LexisNexis research finds AI liveness and deepfake checks still foil many scams.
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Safer Internet Day spotlights AI, trust & child safety

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Safer Internet Day highlights how AI is transforming online trust, child protection and digital commerce, amid calls for stricter safeguards.
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Fico outlines four AI trends reshaping banking by 2026

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Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.
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Callback phishing surges as BEC email fraud dominates

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Callback phishing jumps sixfold as BEC fraud stays dominant, with criminals weaponising CAPTCHAs, trusted brands and cloud platforms.
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Melissa boosts global phone data with real time checks

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Melissa's global phone verification delivers real-time accuracy, fraud protection and compliance, turning unreliable phone data into growth.
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BSI launches first global standard for online age checks

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data protection
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data privacy
BSI unveils the first global standard for online age checks, aiming to harmonise safety rules as countries consider tougher social media curbs.
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Alcatraz appoints Erik Nord to lead European growth

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data protection
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biometrics
Alcatraz names Erik Nord to drive European expansion of its privacy-first facial authentication platform for workplaces and secure sites.