Tagged: digital identity

April 22, 2024 @ 10:03 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, launched its next generation Document Verification (DocV) solution, purpose-built “to tackle the rash of stolen identities, spoofing, and highly sophisticated deepfake attacks that are accelerating in their complexity across nearly… Read More

March 30, 2024 @ 10:37 am By Omar Faridi  |  

To ensure a “trusted” and secure digital identity for all Europeans, the European Council adopted a new framework for a European digital identity (eID). Mathieu Michel, Belgian Secretary of State for digitization, administrative simplification, privacy protection and the building regulation: The adoption of the European… Read More

March 29, 2024 @ 11:43 am By Omar Faridi  |  

HID, a worldwide enabler of trusted identity solutions, in partnership with Temenos, a global provider of banking software solutions, announces a collaboration with Santander International to provide robust and flexible customer authentication for its digital banking platform. Santander International, like all modern financial institutions, “faces… Read More

March 8, 2024 @ 6:12 pm By Omar Faridi  |  

Ahrvo Labs, an identity, document, and transaction management system provider, today announced it will integrate with MX Technologies, Inc., in order to “enhance its identity and transaction management systems — and streamline onboarding processes for U.S. clients.” Financial services and payment providers “using Ahrvo for… Read More

March 6, 2024 @ 9:56 pm By Omar Faridi  |  

uqudo, the digital identity company in the MEA region, has entered into a collaboration with Tamara, a fintech platform in Saudi Arabia and the GCC region. This strategic partnership represents “a significant milestone in the financial landscape of the GCC, poised to elevate digital transactions… Read More

March 2, 2024 @ 4:24 pm By Omar Faridi  |  

Alloy, the identity risk management company behind nearly 600 banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements. Oftentimes, sponsor… Read More

March 1, 2024 @ 8:50 am By Omar Faridi  |  

Socure, a provider of artificial intelligence [AI] for digital identity verification,  and Trustly, an Open Banking payments provider, today announced a partnership to offer merchants and Fintechs a streamlined onboarding and guaranteed Pay by Bank solution. This integration allows merchants, especially in industries “that require… Read More

February 22, 2024 @ 6:55 pm By Omar Faridi  |  

NAB welcomed the announcement by the Government to begin consultation on a draft Digital ID bill, an important milestone in advancing the Australian Digital Identity ecosystem. NAB Executive Digital Governance Brad Carr said “the move will help to protect customers and provide greater convenience.” Mr… Read More

February 21, 2024 @ 2:36 pm By Omar Faridi  |  

Prove Identity, Inc., the global enabler of digital identity, announced it has been appointed to the FIDO Alliance Board of Directors. Tim Brown, global identity officer at Prove, will serve “as the company’s Primary Board Delegate.” Today, over 80% of data breaches are “caused by… Read More

February 15, 2024 @ 8:19 am By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, joins a consortium of five partners, including the IOTA Foundation and Walt.id, SPYCE.5, and Bloom Labs with the goal of making Crypto Asset Service Providers (CASPs) and self-hosted wallets compliant with the European Anti-Money-Laundering Regulation and the… Read More

February 6, 2024 @ 11:37 am By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity verification, risk assessment and compliance solutions, has partnered with Kaizen Gaming, the global GameTech firm, to streamline its verification processes. Kaizen Gaming is committed to “providing a great user experience based on all regulatory requirements across markets, and… Read More

January 22, 2024 @ 2:31 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, launched a fully integrated, internally developed, identity fraud solution suite that fuses personal identifiable information (PII) validated by thousands of data sources, real-time network and anomaly detection, “with digital and… Read More

January 3, 2024 @ 4:57 pm By Omar Faridi  |  

Credas Technologies, the identity verification checks provider, has announced the launch of its material information function, helping estate agents “to get ahead of the latest rule changes announced by Trading Standards at the end of last year.” The Parts B and C of The National… Read More

January 3, 2024 @ 9:13 am By Omar Faridi  |  

WISeKey International Holding Ltd. (NASDAQ: WKEY), a global firm focused on cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, through its subsidiary WISe.ART, a key player in the field of digital art and luxury collectibles, is pleased to announce… Read More

December 24, 2023 @ 12:53 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, announced that it has eliminated 204,536 synthetic identities from the U.S. economy in 2023 to date. The company’s Sigma Synthetic Fraud solution has reportedly “prevented more than $3 billion in… Read More

December 20, 2023 @ 11:42 am By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced a “significant” increase in the adoption of its platform in the past year. The company, which opened a new international headquarters in Vancouver this year, also earned industry recognition “following the… Read More

December 13, 2023 @ 8:38 am By Omar Faridi  |  

Onfido’s technology automates identity verification, “reducing onboarding time from days to minutes.” Onfido, the global enabler of automated identity verification, announced a partnership with InbestMe, a digital investment platform offering personalised investment strategies, to automate their onboarding process. With Onfido’s AI technology, InbestMe can now… Read More

November 27, 2023 @ 3:44 pm By Omar Faridi  |  

Socure, the provider of Artificial Intelligence for digital identity verification, sanction screening and fraud prevention, announced its Socure ID+ platform has achieved the “In Process” designation from the Federal Risk and Authorization Management Program (FedRAMP) and is now “listed on the FedRAMP Marketplace.” Socure’s ID+… Read More

November 20, 2023 @ 2:30 pm By Omar Faridi  |  

Socure, the provider of Artificial Intelligence for digital identity verification, fraud prevention, and sanctions screening has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network feedback data “to uncover patterns linked to insidious synthetic identity fraud.” The Deloitte… Read More

November 17, 2023 @ 9:19 am By Omar Faridi  |  

HYPR, The Identity Assurance Company, and Yubico (NASDAQ: YUBICO), the provider of hardware authentication security keys, have published a new study on challenges, perceptions and outcomes in “the usage of password and passwordless authentication technologies.” The report, titled “Transcending Passwords: The Next Generation of Authentication”… Read More