Welcome to our dedicated page for Icts International Nv news (Ticker: ICTSF), a resource for investors and traders seeking the latest updates and insights on Icts International Nv stock.
ICTS International N.V. (ICTSF) delivers cutting-edge identity verification solutions through its AU10TIX platform, serving global enterprises in finance, technology, and digital services. This news hub provides investors with essential updates on strategic developments shaping the fraud prevention and digital security sectors.
Access official press releases covering financial results, technology innovations, and strategic partnerships. Stay informed about advancements in AI-driven identity authentication systems and regulatory compliance updates critical to the cybersecurity industry.
Our curated news collection enables stakeholders to track global operations expansion, product launches, and market leadership initiatives. Monitor updates on machine learning enhancements to the company's automated verification systems and cross-industry collaborations.
Bookmark this page for real-time access to verified information about ICTSF's role in combating synthetic identity fraud and securing digital transaction ecosystems. Return regularly for unfiltered insights into developments impacting the identity management technology landscape.
AU10TIX, a global leader in identity verification and management, has appointed Yair Tal as its new CEO. Tal brings over 20 years of leadership experience in payments, fintech, and localization services, succeeding former CEO Dan Yerushalmi.
Prior to this appointment in April 2025, Tal served as CEO of BLEND and held a significant 13-year tenure at Payoneer as Senior Vice President and Head of Enterprise, where he helped transform the company into a leading e-payment solution provider.
In his new role, Tal will focus on advancing AU10TIX's machine learning capabilities and driving global growth through regional approaches. The company's AI-powered solutions serve multiple sectors, including automotive, banking, crypto, fintech, gaming, and social media, providing automated identity verification, deepfake detection, and fraud prevention services.
AU10TIX has been awarded the 'Best Identity-as-a-Service Platform' at the 2025 FinTech Breakthrough Awards, competing against over 4,500 global nominations. The company's AI-powered identity verification and management solutions enable businesses in fintech, payments, e-commerce, and cryptocurrency sectors to verify customer identities in real-time while preventing fraud.
The recognition highlights AU10TIX's automated identity verification technology, which includes deepfake detection and fraud prevention capabilities, helping organizations efficiently onboard legitimate users while blocking bad actors. The company will showcase its award-winning solutions at PAY360 2025 in London on March 25-26 at booth #17.
AU10TIX has released its 2024 Global Identity Fraud Report, highlighting the rise of Fraud-as-a-Service (FaaS) as a major threat. The report reveals how user-friendly fraud kits enabled amateurs to execute large-scale attacks involving up to 8,000+ incidents.
Key findings include a significant mega-attack detected across four regions and three industries, involving 4,580 unique ID template permutations, with APAC accounting for 88% of mega attacks. Social media platforms saw a dramatic increase in fraud, rising from 3% of attacks in Q1 to 30% in Q4 2024. Meanwhile, fraud in the payments sector decreased from 54% to 43%, while crypto attacks stabilized at 24% following MiCA regulations.
The report recommends three key actions: implementing enhanced fraud detection tools for social media platforms, engaging in consortium validation, and adopting proactive AI-driven validation measures to combat emerging threats like deepfakes and synthetic identities.
AU10TIX, a global identity verification leader, reported preventing an estimated $7.5 billion in fraud during 2024, bringing the total to approximately $24 billion since 2021. Notably, 75% of prevented fraud was related to synthetic AI-generated threats.
The company expanded its product portfolio with several key innovations including: a Know Your Business (KYB) solution, Digital ID Verification Hub, Risk Assessment Model, Anti-Money Laundering (AML) solution, and Workflow Flexibility powered by Orchestration Engine. AU10TIX also established a new office in Bengaluru, India, strengthening its global presence.
The company's solutions provided fraud protection across various sectors including payments, cryptocurrency and trading, shared economy, and social media.
AU10TIX, a global identity verification leader, has announced its expansion into Bengaluru, India, appointing Bhushan Sawant as Regional Director. The company's AI-powered technology can process over 3,000 ID types across 150+ countries, positioning it to support India's 1.4 billion citizens and growing digital economy. The expansion aims to help Indian businesses scale globally with seamless cross-border operations. Sawant, previously with IDfy, CARD91, and Experian, will lead the integration of AU10TIX's technologies within India's identity ecosystem, focusing on empowering businesses in their global growth, particularly in APAC markets.
AU10TIX's Q2 2024 Global Identity Fraud Report reveals a surge in automated bot attacks targeting social media platforms, rising from 3% in Q1 to 16% in Q2. The APAC region faced a significant bot mega-attack in the payments sector, with over 5,000 fraudulent onboarding attempts. Key findings include:
- Impersonation bots now account for 32% of Internet traffic
- APAC region experienced a 1,530% increase in deepfake incidents
- APAC's fraud rate rose by 24% between 2022 and 2023, reaching 3.27%
- 17% decline in attacks on the payments sector, possibly due to INTERPOL operations
AU10TIX recommends social media self-regulation, advanced fraud detection technologies, and multi-layered authentication measures to combat these threats.
AU10TIX, a global leader in identity verification, has launched an advanced anti-money laundering (AML) solution to address financial crime risks. The solution features:
- Proprietary decision-making mechanism and rigorous quality checks
- High-quality data sources for enhanced accuracy
- Single API for all KYC, KYB, and AML checks
- Customizable workflows for seamless integration
- User-friendly dashboard for quick decision-making
The AML solution leverages exclusive real-time data from over 100 sanctions lists, 1,600 government websites, and 30,000 news sources. It offers global coverage across 240 countries and territories, catering to various industries including banking, financial services, insurance, crypto, and gaming.
AU10TIX released its Q1 2024 Global Identity Fraud Report, highlighting a 250% increase in identity fraud in the online gaming industry compared to Q4 2023. The payments sector remains the primary target, accounting for 62% of all fraud attacks, up from 39% in Q1 2023. Key trends include attacks via “bonus abuse” in online gaming and the use of US passport ID cards due to their susceptibility to deepfake manipulation. AU10TIX provides actionable insights for combating fraud, including the effectiveness of selfie capture and the need for improved KYC protocols in both gaming and payment sectors.
AU10TIX, a global leader in identity verification, launched a free Risk Assessment Model on May 22, 2024. This tool allows businesses to assess their risk exposure to operational, security, and identity fraud. Drawing on billions of global transactions and extensive expertise, the model offers personalized insights and actionable recommendations to enhance security and operational resilience. Businesses can generate a customized Risk Assessment Report by answering ten questions about their sector, security measures, and ID verification processes. This initiative aims to aid companies managing substantial financial transactions, ensuring compliance and protecting against fraud vulnerabilities.
