News & Press

As higher education institutions continue to expand their digital services, the risk of identity fraud targeting students and financial aid programs continues to escalate. One of the most concerning fraud trends impacting colleges and universities is the rise of “ghost students.”

Recognized as a top AI innovator redefining trust and security in global financial services SEATTLE, WA – June 18, 2025 – AuthenticID, a global leader in identity proofing and fraud prevention solutions, has been named one of the AIFinTech 100. The AIFinTech100 is an annual list of 100 of the world’s most innovative AI solution providers for

Too often, organizations treat data privacy and data security as interchangeable concepts. Privacy and security are not the same, and failing to distinguish between them leaves businesses vulnerable to regulatory scrutiny and data breaches.

The telecom industry is seeing a rise in identity fraud, with emerging tactics exploiting vulnerabilities in telecom infrastructure. Cybercriminals are becoming more sophisticated, using advanced techniques to infiltrate systems and commit fraud.

In March, the US Treasury Department announced it would no longer enforce the Corporate Transparency Act, the anti-money laundering (AML) law that requires millions of businesses to disclose the identity of their real beneficial owners. The CTA was a direct response to a fear the US was (or could be) an attractive place for money laundering or shell companies. But with the announcement, there are currently more questions than answers.

Financial institutions need to understand the consequences of allowing ATO to occur, and take a multi-layered approach to cybersecurity in response to these threats.

AuthenticID, a global leader in identity verification and fraud prevention solutions, has been selected by Authvia as its trusted provider for securing digital payments.

Reauthentication — a process that prompts additional identity verification during key actions — strengthens ecommerce security without disrupting the user experience.

The way we manage digital identity is fundamentally broken. The root of the problem lies in traditional, centralized identity models, where a single organization holds and controls a user’s credentials, creating an attractive target for attackers. The bigger the database, the bigger the prize.

Half of businesses reported a growth in deepfake and AI-generated fraud, alongside rising biometric spoofs and counterfeit ID fraud attempts, according to the 2025 State of Identity Fraud Report, released today by AuthenticID, a global leader in identity verification and fraud prevention solutions.

AuthenticID has announced a partnership with Credivera, the first secure, open exchange for verifiable credentials in workforce management. AuthenticID’s technology will strengthen Credivera’s verification in workforce credentials and its risk and compliance solution.

AuthenticID has partnered with the California DMV to allow consumers to verify their identities in the state’s mobile driver’s licenses (mDLs) program via its identity verification and biometric authentication solutions.