Know your customer (KYC) stories - Page 3

iProov and HYPR partner to embed biometric liveness checks into workforce onboarding, tackling deepfake and synthetic identity fraud.

Affinidi is piloting a digital hiring passport for India-Singapore, turning background checks into reusable, cryptographically secure credentials.

Dark web vendors sell UK ID packs for about USD $30, helping criminals bypass biometric checks at banks and fintechs, AMLTRIX warns.

OSINT investigators say data is now both their biggest barrier and opportunity, turning to AI to tame overload and plug critical gaps.

Accurate address data is emerging as a critical, often overlooked weapon in the fight for reliable digital identity verification and fraud control.

1Kosmos and Reality Defender have teamed up to embed real-time deepfake detection into remote identity checks amid a surge in AI fraud.

Incode launches Deepsight AI, a three-layer defence to spot and block deepfakes in real time for banks, tech platforms and governments.

Group-IB launches a GDPR-compliant platform for banks to share real-time fraud risk signals, tackling rising losses such as GBP £600 million in the UK.

AI-driven fraud, deepfakes and synthetic IDs are redefining 2026 risk, forcing firms to ditch reactive tools for layered, intelligent defence.

Eastnets deepens its LSEG partnership, plugging real-time World-Check risk data into Safewatch Screening to sharpen financial crime checks.

EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.

North Korean hackers stole USD $300M via fake Zoom calls; robust identity checks could have broken the scam’s chain of trust.

As cross-border payments soar towards USD $1 quadrillion, businesses race to tackle identity fraud with AI, biometrics and smarter data.

Kyckr retains top spot as Chartis names it KYC data category leader for 2025, highlighting its strengths in real-time global registry data.

Digital wallets and decentralised IDs are set to surge by 2026 as AI-driven threats push firms to monitor human and machine identities nonstop.

MITRE warns that cheap face-swap deepfakes can defeat banks’ remote KYC checks, bypassing liveness tools to open fraudulent accounts.

UK homebuyers fear AI-fuelled ID fraud as two-thirds worry about fake documents yet still share sensitive data via email and messaging apps.

Amid an AI-fuelled fraud surge and tightening biometrics rules, Southeast Asia’s banks must choose verification partners with strategic care.

With crime costing Australia up to AUD $60.1 billion a year, robust PEP and sanctions screening is now a strategic necessity for business.

AI boom gives way to realism as HR chases measurable outcomes, new AI chiefs emerge and skills outshine headcount in 2026 strategies.