Tagged: digital identity

September 4, 2024 @ 8:16 pm By Omar Faridi  |  

Fime, a global firm focused on consulting, testing, and certification services, is pleased to announce the acquisition of Consult Hyperion, a consultancy firm with expertise across payments, smart mobility and digital identity. The acquisition augments and cements Fime’s ability “to deliver comprehensive consulting and advisory… Read More

August 9, 2024 @ 7:28 am By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, announced Selfie Reverification – a way to validate return consumers online with a simple selfie from any device in under 2 seconds. The Selfie Reverification capability matches “an incoming selfie… Read More

July 19, 2024 @ 12:18 pm By Omar Faridi  |  

In an era plagued with AI-powered impersonation and sophisticated deep fakes, accurately verifying digital identity is more critical than ever. This, according to an update shared by Prove. However, as we enter this AI era, businesses are at risk of adopting a cure that’s equally… Read More

July 18, 2024 @ 9:14 am By Omar Faridi  |  

Digital identity is not the easiest concept to define, according to an update from Juniper Research. That’s because it overlaps with other, similar, areas. Juniper Research noted that the crossover “with areas such as security, privacy and data management can be significant, and in some… Read More

July 9, 2024 @ 9:20 pm By Omar Faridi  |  

NatWest is supporting bank-verified digital identity by integrating OneID in Adobe® Acrobat Sign. NatWest claims that it has “become the first UK bank to use bank-verified digital identity to enable people from different countries to prove their identity in the fastest and easiest way.” The… Read More

June 2, 2024 @ 3:54 pm By Omar Faridi  |  

World ID orb verifications are now available in the Colombian cities of Bogotá and Medellín. A central component of Worldcoin, World ID is “a digital humanness passport that enables individuals to securely prove they are a unique human for a growing number of applications.” You must… Read More

May 21, 2024 @ 8:37 am By Omar Faridi  |  

The Digital Identity Regulation has reportedly entered into force. This means that the solution will become available by 2026. A digital ID and personal digital wallet for EU citizens, residents and businesses should help with enabling more frictionless experiences in an online environment. As noted… Read More

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