identity data Archives

01
Oct

2nd Revolut Breach in a Month, As Neobank Plans Dual Stock Listing

Ronen Shnidman / October 1, 2026
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Revolut customers experienced a second breach in a month towards the end of September, as fraudsters social engineered their way into U.S. online brokerage DriveWealth and stole historic personally identifiable information (PII). Anyone who used Revolut to invest in U.S. stock up until December 2023 could be impacted. DriveWealth provides execution and clearing services for […]

27
Sep

Scanovate, a Digital Identity Company, Acquired in Deal Expected to Reach $100M

Ronen Shnidman / September 27, 2026
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Scanovate, a digital identity company, was acquired by Prytek Group earlier this month in a deal expected to reach a $100 million payout. In the first phase of the deal, Prytek will pay $50 million for Scanovate and two of its subsidiaries, Cellosign and ADO Technologies. Scanovate was founded in 2014 by CEO Amir Fishman […]

09
Aug

Instant Payments, Instant Losses: A Data Science Approach for the Era of APP Scams

Maya Fudim / August 9, 2026
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For years, banks fought fraud by answering a main question: Is the person initiating this payment really who they claim to be? The industry’s largest investments in fraud prevention, from device fingerprinting and behavioral biometrics to multi-factor authentication and machine learning, were all designed to improve the confidence of that prediction. Authorized Push Payment (APP) scams […]

04
Aug

BioCatch acquired by Visa for $2.4B

Ronen Shnidman / August 4, 2026
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Visa announced yesterday that it had reached a definitive agreement to acquire the behavioral biometrics anti-fraud solution provider BioCatch in an all-cash deal for $2.4 billion. The transaction is expected to close by the end of Visa’s second fiscal quarter in 2027. BioCatch’s acquisition by Visa is expected to help the latter’s clients better protect […]

22
Jul

Insurance Fraud: It Starts With the Lack of an Identity Check

Randall Casciello / July 22, 2026
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Most people see insurance fraud as a time-of-claim problem not an identity check issue. A collision staged by bad actors, lost contents claim padded by non-existent belongings, a suspicious birth certificate, or a truckload of cargo that got lost after leaving the warehouse. Much of that fraud actually starts before a claim is filed — […]

04
Jul

Identiq Identity Verification Solution Acquired by Incode for Undisclosed Sum

Ronen Shnidman / July 4, 2026
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Incode Technologies Inc., a San Francisco-based anti-fraud platform for identity and age verification, announced at the end of June that it had acquired Identiq Protocol Ltd., a Tel Aviv-based identity verification startup. The terms of the deal were not publicly disclosed, although Incode said in its press release revealing the acquisition that it was part […]

07
Jun

Billing Identity Theft: When Healthcare Providers Become Victims

Randall Casciello / June 7, 2026
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Healthcare fraud is usually focused on how the providers perpetrate the theft and less on how they are also victims – of billing identity theft. A less talked about crime, billing identity theft is when service provider credentials are used as a means for crooks to perpetrate their crimes against healthcare payers. Fraudsters hijack a […]

14
May

Digital Identity Verification Market to Exceed $29B by 2030

Ronen Shnidman / May 14, 2026
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Digital identity verification as a market is expected to exceed $29 billion by 2030, growing 55% from $19 billion in 2026, according to a study by global tech strategy consultancy Juniper Research. A whitepaper released last week by Juniper Research dubbed digital identity verification as one of the fastest-evolving areas of fraud prevention. The report […]

02
Mar

Pick Your Battles with Identity Deception

Maya Fudim / March 2, 2026
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The global economy in 2026 is transitioning to the full digitalization of goods and services, and the gap between a fraudster’s technological toolkit and a company’s defensive methodology is widening at an industrial scale. While data spoofing and human engineering have become highly sophisticated, many organizations are still fighting 21st-century exploits with 20th-century enforcement. This […]

2nd Revolut Breach in a Month, As Neobank Plans Dual Stock Listing

Scanovate, a Digital Identity Company, Acquired in Deal Expected to Reach $100M

Instant Payments, Instant Losses: A Data Science Approach for the Era of APP Scams

BioCatch acquired by Visa for $2.4B

Insurance Fraud: It Starts With the Lack of an Identity Check

Identiq Identity Verification Solution Acquired by Incode for Undisclosed Sum

Billing Identity Theft: When Healthcare Providers Become Victims

Digital Identity Verification Market to Exceed $29B by 2030

Pick Your Battles with Identity Deception

2nd Revolut Breach in a Month,.

FTC Fines Payments Processors $17M for.

Scanovate, a Digital Identity Company, Acquired.

Revolut Accidentally Shares Customer Data with.

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