Synthetic Identity Document Fraud Surges 300% in the U.S. - Sumsub ...

Synthetic Identity Document Fraud Surges 300% in the U.S. - Sumsub ...

Synthetic Identity Document Fraud Surges 300% in the U.S. - Sumsub Warns E-Commerce, Healthtech and Fintech at Risk

/PRNewswire/ -- Sumsub, a global leader in verification, today released Q1 2025 identity fraud trends based on internal data, revealing a dramatic rise in...

Fintech, Cleantech Lead Africa’s $345M Startup Surge in May 2025

Startups across Africa raised over $345 million in May 2025, marking more than double the amount raised during the same month last year, according to a report by research firm Briter. Despite the surge in capital, the number of deals and participating startups fell. Fintech emerged as the leading sector, accounting for 34% of total funding. Cleantech followed closely, supported by an $80 million debt deal secured by Sun King to expand energy acc…

Email Attacks Surge 25% in FinServ: How Generative AI is Supercharging Cybercrime in Banking

When a single click can cost millions, cybercriminals don’t need to break in—they just need you to let them in.That’s the stark reality facing the financial services (FinServ) sector, which has seen a 25.2% spike in advanced email-based attacks over the past year. With financial institutions managing vast sums of capital, personally identifiable information, and mission-critical transactions, the industry is now at the epicenter of a digital cri…