Entrust: Entrust Adds AI-Powered ID Verification

Entrust, a provider of trusted payments, identities, and data security, this week introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. In 2024, US businesses lost an estimated $112 billion to fraud, the equivalent of nearly 7% of their revenue. Modern attacks, such as deepfakes, synthetic identities, and advanced phishing campaigns leveraging AI, render traditional security measures increasingly insufficient. The 2025 Identity Fraud Report revealed digital forgeries now account for 57% of document fraud