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Identity fraud is evolving into a global issue, growing both in frequency and complexity. Data from identity verification specialist Sumsub reveal that identity fraud incidents have more than doubled in the past three years, with account takeovers and deepfakes emerging as major concerns. Financial services have become a prime target.
Stripe has emerged as one of the fastest-growing payment service providers (PSPs) in Asia-Pacific (APAC), expanding its footprint both geographically and through its broadening suite of financial products.