Tag: Fraud
Onfido raises $30M more for its AI-based identity verification technology
Malicious hackers and security breaches that have exposed personal information of millions of people have pushed the issue of online security into the spotlight, not just for individuals but for organizations that do business with them. Now a company called Onfido, which has built a way to help websites verify people’s identities using a photo-based […]
Insurance Research Council Finds That Fraud and Buildup Add Up to $7.7 Billion in Excess Payments for Auto Injury Claims
Malvern, PA (PRWEB) February 03, 2015 A new study from the Insurance Research Council (IRC) estimates that claim fraud and buildup added between $ 5.6 billion and $ 7.7 billion in excess payments to auto injury claims paid in the United States in 2012. The excess payments represented between 13 percent and 17 percent of […]