Bitso selected Incode for identity verification after evaluating providers across the region, according to the article.
Cómo Bitso protege las finanzas digitales en América Latina con Incode ↗ · repeat of an earlier article
What happened
- Incode verifies Bitso users in Mexico, Argentina, Colombia and Brazil.
- Incode states that automated attacks rose from 3% of detected fraud attempts in 2024 to 40% in the most recent quarter.
Why it matters to Signicat
- The case reinforces Incode's LatAm customer footprint in regulated fintech, a region outside Signicat's core markets; direct overlap with Signicat is limited.
- The 90% and 40% automated-attack figures are vendor-sourced and not independently verified.
Evidence from the source (4 quotes)
- “Incode verifica la identidad de los usuarios de Bitso en México, Argentina, Colombia y Brasil” source ↗
- “los ataques automatizados representaron el 3% de los intentos de fraude detectados en 2024, llegaron al 40% en el trimestre más reciente” source ↗
- “Incode verifica la identidad de los usuarios de Bitso en México, Argentina, Colombia y Brasil” source ↗
- “podrían representar hasta el 90% de los ataques en los próximos 18 meses” source ↗
Document IDV biometricsFraud deepfake injectionAgentic AI identityCase studyGlobal
3 of 3 facts verified against the source · confidence medium · claude-haiku-5-5