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trust and safety sharing economy

Trust and Safety: The Linchpin to Sharing Economy Success

November 03, 2023

How safe do you need to feel in order to rent a room in a stranger’s home, or to trust someone you’ve never met to drive you home after a night out on the town? Companies who get trust and safety right are reaping the rewards — the sharing industry is expected to skyrocket to…

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Using Workflows to Prevent Identity Fraud in User Onboarding and Beyond

October 26, 2023

When implementing a fraud-prevention system, there are multiple approaches you can take. The most important step is to keep fraudsters off your platform in the first place. Using identity verification and authentication, you can ensure the person who’s onboarding or signing in to an existing account is who they say they are. But stopping identity…

introducing jumio 360 degree fraud analytics

Groundbreaking New Fraud Prevention Technology for a Rapidly Evolving Fraud Landscape

October 23, 2023

There’s an alarming trend in organized crime rings that has the potential to defraud businesses of billions of dollars in the next few years. Because of rapid advances in technology, crime rings have discovered they can attack a series of businesses in rapid succession and walk away with huge amounts of money or create hundreds…

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How to Establish and Maintain Trust in the Sharing Economy

October 13, 2023

From car sharing services to short-term home rental services, the sharing economy is exploding. According to Industry Research, the sharing economy market is expected to grow at a CAGR of 32.01%, reaching $794 million by 2028. But the rise of the sharing economy has coincided with a rise in AI-generated deepfakes and other types of…

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Bank With Your Smile: How Jumio Helps Credit Unions Fight Fraud

October 12, 2023

Jumio is on a mission to help credit unions fight fraud. Many credit unions are worried about implementing a new system that might disrupt their current members’ experience. At the same time, they know they have to take a proactive approach to fighting fraud, because waiting too long could jeopardize their brand and ultimately lose…

image of male with facial hair in four different screens. Showing process of deepfaking.

The Changing Face of Identity Verification

October 09, 2023

As businesses continue to expand their online offerings — and fraudsters become more and more sophisticated — it’s essential to be able to quickly and accurately establish the real-world identity of each person. According to the 2023 Gartner® Market Guide for Identity Verification, “The purpose of identity verification is to establish confidence in the identity…

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How Biometric Security is Changing the Healthcare Industry

October 04, 2023

Advanced technology has been transforming the healthcare industry for decades, and meaningful changes have been made in how patients receive care and communicate with care teams. But little attention was given to healthcare operations and data security, creating opportunities for fraud, data leaks and workflow inefficiencies. The latest in biometric security technology is changing that….

Fighting the Specter of Fraud in Higher Education

October 02, 2023

Halloween may be weeks away, but the ghosts are out early this year — ghost students, that is. Ghost students are bots created by fraudsters that take advantage of online college application systems in order to receive financial aid and grant money. Using stolen or synthetic identities, they apply at colleges, register for classes and…

What Is Synthetic Identity Fraud?

September 18, 2023

Identity fraud is a major concern for any company, particularly for those in the financial industry. One scam you need to guard against is synthetic identity fraud, a fast-growing type of identity theft that uses a combination of real and fake information. Sometimes known as Frankenstein IDs, criminals create these fake identities by stitching together…

Everything You Need to Know About Responsible Gaming — FAQs

September 06, 2023

From online casino games to sports betting and wagering apps, online gambling (gaming) is becoming increasingly popular throughout the U.S. and around the world. That’s why it’s more important than ever for gaming operators and players to understand responsible gaming and follow safer gambling practices to keep it fun and avoid harm. In honor of…

The Harsh Reality of Account Takeover Fraud and the Future of Prevention [Infographic]

July 19, 2023

Account takeover (ATO) fraud is when a bad actor seizes control of an online account, changes information such as the username, password or other personal information, and then makes unauthorized transactions with that account. ATO is on the rise, and businesses and banks are in the crosshairs. 2022 had the second-highest number of data compromises…

image of green background with computer keyboard. Text image reads: From Phishing to Deepfakes. 5 Evolving and Emerging Fraud Types.

From Phishing to Deepfakes: Understanding the Evolving Landscape of Online Fraud

July 10, 2023

“Are you who you say you are?” This seemingly simple question, once reserved for the philosophical musings of great thinkers, has now found its way into the uncharted territories of the digital landscape. It’s no longer the scholars debating identity — it’s the online businesses desperate to discern the truth amidst the ever-looming threat of…