ACUANT BLOG

Mind the “Trust” Gap: Bridging Physical & Digital Identity

Despite ongoing digital transformation, many people still rely on physical, government-issued identification documents. The move that we are in the midst of, from a physical world to a digital one, has created a “trust gap” in the use and validation...

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Wondering what the Trust Gap is? Join Us February 24th to Find Out

Meet the Panelists of Our “Mind the Gap” Webinar The gap between physical and digital identity has been widening significantly and the pandemic has accelerated the move to digital.  What has this meant for fraud and how will government and...

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Preventing Synthetic Fraud with Biometric Facial Recognition Match and Liveness Testing

Fraud prevention and detection technology is advancing, but so is fraud. The acceleration of the adoption and deployment of digital and remote solutions in almost every industry has been an opportunity for fraudsters and we are seeing the rise of...

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2020 Fraud Trends: COVID Accelerated Digital Transactions & Fraud

While the pandemic may have stalled many global activities, it is clear that it did not slow down fraudsters. In fact, as transactions went increasingly digital, we saw significant growth in fraud, data breaches and financial crimes. This trend poses...

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Online Shopping is Booming & So Is Fraud: Is Your Business Prepared?

The final months of the year signal the upcoming holiday season and a period of online frenzy. Online activity has been steadily increasing during the pandemic, with online sales expected to reach at least $630 billion in 2020 alone.  With...

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It All Begins With Identity

We all know that digital transactions have surged during the pandemic, and with the wrong identity verification technology, keeping up with the accelerated digital activity can be a challenge. In a recent podcast with PaymentsJournal, Acuant’s VP of Product Faisal...

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Introducing Acuant®GO: Why No Code IDV & Compliance Solutions are a Game Changer

No code technology is a rapidly growing market, and for good reason. Forrester expects the no code/low code market to reach $21.2 Billion by 2022. And Gartner estimates that enterprise low code application platforms (LCAP) will be 65% of all app...

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The Cannabis Industry is Growing and So Are the Fines: Learn How You Can Upgrade & Safeguard Your Business with Identity Verification

The cannabis industry as a whole, for medical and recreational marijuana, is growing substantially; retail sales are expected to reach at least $15 billion USD by the end of 2020 in the United States alone and could reach over $37...

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Why The Move To A Cashless Economy Could Bring On A Global Identity Crisis

Glenn Larson is the Vice President of Engineering at Acuant and a member of the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs and technology executives. Read his article for the Forbes Technology Council below, or find the original...

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Facilitation AND Fraud Reduction: Ozone® Chip Authentication Goes Mobile

In 2020 the world as we knew it forever changed. Technologies that were being explored as concepts have now matured to implementations that are being embraced globally when it comes to digital credentials.   Governments are issuing ePassports and identifications cards...

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Combating Synthetic Identity Fraud: Key Takeaways from the OWI Panel

Hacking, money mules, identity theft and synthetic fraud are some of the many vectors of attack being used globally to target and exploit banks and fintechs for money laundering purposes. There is no silver bullet to end fraud schemes (or...

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The Move to Digital Means More Challenges: A Case for Mobile Verification & Automated KYC

We all know that data breaches and identity fraud were on the rise before COVID-19, but now we are seeing an even sharper increase due to current operations being unprepared. With a 250% increase in digital channel usage, fraudsters are increasingly taking advantage of businesses and preying on consumers. How do businesses combat and...

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