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Identity platform ID.me bags $340m funding to combat fraud
ID.me, a digital identity platform trusted by more than 152m users, has raised $340m through its Series E round and a recently secured credit facility, pushing its valuation beyond $2bn.
AI drives record surge in UK identity fraud cases
Criminals are increasingly exploiting artificial intelligence to bypass identity verification systems and commit fraud on a scale not seen before, according to the latest...
Synthetic ID fraud rises amid job scam epidemic
In 2025, a quiet yet deeply concerning trend is emerging in the world of cybercrime—job scams. Often overshadowed by investment or imposter fraud, these...
LSEG calls for action on rising child identity fraud
One in every fifty children is now a victim of identity theft each year, according to new findings released by LSEG Risk Intelligence.
FinCEN issues alert on deepfake fraud schemes targeting financial institutions
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.
Combating generative AI fraud: Effective strategies for detecting fake documents
Fraudsters can now easily create fake documents online or purchase forged ones with just a few clicks.
