Fraud Business

As U.S. privacy laws tighten, are you ready to turn compliance into a competitive advantage? Financial services face challenges with regulations like California’s CCPA and Virginia’s VCDPA, pushing institutions to go beyond legal requirements. It's about safeguarding sensitive data, empowering clients, and building trust. This article explores strategies to keep your business compliant and boost customer loyalty in a privacy-driven world. Don't just comply—lead the way.

Unveiling the shadowy world of document fraud—where identity deception thrives. From skillful manipulations to sophisticated counterfeits, these forged documents serve a dual purpose: accessing restricted realms offline and reaping monetary gains online. Explore the intricate web of deceit, where every falsification is a step towards ill-gotten rewards.

Step into the digital fortress of fraud prevention! In today's cyber battlefield, safeguarding your business is non-negotiable. With cybercriminals crafting ever more sophisticated schemes, online fraud is a global menace. But fear not! Advanced technologies like identity verification software (IDV) are standing guard, ready to repel these digital intruders. Dive into Veriff's next blog on the role of fraud detection software.

Online fraud is more than just a nuisance to your company and your customers. Left unchecked it has the potential to cause significant legal, financial and reputational harm to your business, as many companies have found out to their cost.

Online fraud has been a persistent threat for many years. However, with the impact of increasing digitization and economic uncertainty, Veriff’s Senior Director of Fraud Prevention and Experience, David Divitt, outlines key online fraud trends to watch today.

The underlying strategies employed by bad actors to commit online fraud are as old as commerce itself, but the specific tactics used to enact them are constantly evolving. Understanding the full range of threats is the first step towards effectively protecting your business.

A recent spike in criminal activity suggests marketplaces are headed for a new era of industrialized fraud in which organized crime gangs mass-produce fake identities and launch attacks on an epic scale. 

As a 100% virtual entity, a stellar user experience is your key tool to engender trust in your brand and attract and keep customers.

Online fraud in the United States is on the rise, and financial services companies are prime targets. From phishing scams to business email compromise, cybercriminals are using increasingly sophisticated tactics to exploit vulnerabilities. This article dives into the latest statistics and offers actionable strategies for financial services to combat fraud, safeguard sensitive information, and educate customers on cybersecurity.

With over 9,500 government documents in our database, Veriff can verify documents nearly anywhere in the world. Our AI-powered technology is able to detect whether a government-issued identity document has certain correct features that could detect a counterfeit or altered document. 

In our second fraud report, we take a look at the impact of financial crime and fraud on the world of fintech in 2020, and the most prevalent types of fraud seen by Veriff, with data gathered from our verification flows.

We looked at the impact of financial crime and fraud on crypto in 2020, and the most prevalent types of fraud seen by Veriff, with data gathered from our verification flows.