Chargeback fraud – also known as “friendly fraud” – is a growing and costly issue for service-based businesses. It occurs when a customer disputes a legitimate transaction, falsely claiming it was unauthorized or unsatisfactory, often with the intent of getting services for free. For companies operating online or over the phone, this kind of fraud […]
Deepfake Fraud in 2025: The Trends Every Business Needs to Know
Generative AI has made it cheap and fast to fake a face, a voice, and even an entire identity. Financial regulators have already seen the shift: beginning in 2023 and through 2024, U.S. banks reported a rise in suspicious activity tied to deepfake media used to defeat onboarding and authentication controls. The five biggest deepfake […]
The “Ghost Student” Problem
Ghost students – synthetic identities that slip through online admissions and financial-aid workflows – are siphoning funds, triggering audits, and eroding trust. This piece unpacks how deepfakes and flimsy selfie checks let fraudsters pass, then lays out a front-door defense: document authentication plus biometric liveness before enrollment or disbursement. You’ll learn practical steps to protect Title IV dollars without slowing real students – and how VerifiNow plugs into your SIS and aid systems to make it seamless.
