IntelliCheck Report Flags Rising Identity Fraud Across Banking and Retail

Reuters

Feb 18

IntelliCheck Report Flags Rising Identity Fraud Across Banking and Retail

IntelliCheck Inc. published its inaugural 2026 North America Identity Verification Threat Report, analyzing nearly 100 million identity verification transactions from 2025 to map evolving identity fraud risks across industries including financial services and retail. The report found 2.15% of IDs failed verification—equating to millions of potential fraud attempts—with failure rates varying widely by sector, from 15.1% in alcohol retail to 1.6% in auto sales. It also highlighted a 158% year-over-year surge in ID checks for password resets and warned that AI is making counterfeit IDs harder to detect, increasing the need for advanced verification technology.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IntelliCheck Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602180804BIZWIRE_USPR_____20260218_BW597360) on February 18, 2026, and is solely responsible for the information contained therein.

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