Tagged: digital identity

June 14, 2025 @ 4:19 pm By Omar Faridi  |  

In today’s digital landscape, identity verification (IDV) platforms are under siege from increasingly sophisticated fraud tactics. One of the most alarming threats is the rise of injection attacks, which exploit vulnerabilities in IDV systems to bypass security measures and perpetrate identity fraud. A recent update… Read More

May 25, 2025 @ 4:11 pm By Omar Faridi  |  

Vouched, the enabler of AI-powered identity verification, announced the launch of several initiatives to ensure the coming ecosystem of AI Software Agents is built on “a foundation of strong identity and trust.” These include Agent Reputation Directory, a solution designed “to address the gap in… Read More

April 20, 2025 @ 9:06 pm By Omar Faridi  |  

Digital identity is transforming how individuals interact with online systems, offering a secure, reusable way to verify who they are. According to a Juniper Research whitepaper, digital identity is defined as a digital representation of an entity, encompassing identifying data, events, or assurance signals. In… Read More

April 20, 2025 @ 6:47 pm By Omar Faridi  |  

Veriff, a global identity verification platform, has seen verification volumes grow by 335% in the past year. The company continues to report more than “80% year-over-year profitable revenue growth, as businesses across industries battle sophisticated online fraud.” To support this global market demand, Veriff appointed… Read More

April 9, 2025 @ 9:29 pm By Omar Faridi  |  

The Worldcoin Foundation has introduced an enhancement to its community grants program that will aim to streamline the application process and provide more opportunities for innovation from community builders worldwide. Instead of its wave-based structure, the Worldcoin Foundation explains in a blog post that it… Read More

March 9, 2025 @ 6:40 pm By Omar Faridi  |  

Socure, the AI-driven platform for digital identity verification, fraud prevention, and sanctions screening, announced the launch of its Identity Manipulation Risk Score, the cross-industry predictive risk score designed to stop repeat first-party fraud abusers from “exploiting the digital economy at scale.” This AI-powered capability is… Read More

February 16, 2025 @ 9:53 pm By Omar Faridi  |  

AU10TIX, a technology firm that’s focused on supporting identity verification and management, released its latest Report on Global Identity Fraud. Obtaining insights from transactions processed around the globe from Jan to Dec 2024, the report uncovers trends in organized identity fraud. “2024: The Year of… Read More

January 24, 2025 @ 10:04 am By Omar Faridi  |  

Q2 Holdings Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, announced a strategic partnership with Alloy, an identity and fraud prevention platform provider, to deliver a joint ongoing fraud monitoring solution for Q2 Digital Banking customers. Powered by Alloy’s centralized identity… Read More

January 23, 2025 @ 10:48 am By Omar Faridi  |  

Persona, a global identity platform, announced significant advancements in its AI-based face spoof detection capabilities. These updates strengthen Persona’s ability to detect and “prevent increasingly sophisticated generative AI fraud techniques.” AI-based face spoofs – such as deepfakes, synthetic faces, and face morphs – have “enabled… Read More

January 6, 2025 @ 9:29 am By Omar Faridi  |  

Amsterdam headquartered Ver.iD has reportedly finalized a $2 million angel round for its digital identity verification SaaS platform. Amsterdam‘s VeriD, a digital identity verification SaaS platform that has been founded in 2022 by Robert Van Altena, confirmed that it raised €2 million in funding to… Read More

January 2, 2025 @ 8:38 pm By Omar Faridi  |  

Harrison Seletsky, director of business development at digital identity platform SPACE ID, predicts 2025 will be the year privacy comes into focus as the EU launches the digital euro and organizations battle data leaks. He also expects to see a proliferation of AI agents launching… Read More

December 27, 2024 @ 3:27 pm By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, announced it has become a member of the Accountable Digital Identity Association (ADIA), an open industry association created to drive the development of a standardized, interoperable framework for decentralized identity services to “ensure… Read More

December 20, 2024 @ 7:31 am By Omar Faridi  |  

Trulioo, an identity platform with global coverage for person and business verification, announced a 34% increase in marketplace transactions and 21% in payments in the past year as digital commerce adoption increases. The surge in transaction volume reflects how payments and marketplace platforms are responding… Read More

December 17, 2024 @ 1:25 pm By Omar Faridi  |  

Digital identity verification is a term that is evolving and often given different definitions, according to an update from Juniper Research. Juniper Research considers digital identity to be defined more formally as follows: ‘A digital representation of an entity; this can be one or more… Read More

December 11, 2024 @ 11:11 am By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention announced milestone achievements for its First-Party Fraud Consortium. The consortium seeks to unify firms in order to tackle the multi-industry issue of First-Party Fraud by “pooling data and insights which… Read More

December 4, 2024 @ 11:04 pm By Omar Faridi  |  

cheqd, a “decentralized” payment and trust infrastructure provider, has announced a partnership with ID Crypt Global, a digital identity and security company, to integrate identity and security solutions into Apex Digital Exchange (ADEX), a key player in the decentralized finance (DeFi) space. This collab is… Read More

November 21, 2024 @ 10:00 pm By Omar Faridi  |  

Collabria Financial Services, Canada’s credit union credit card issuer, announced that they will partner with Regtech Trulioo, a global firm focused digital identity verification. This collab will now aim to support a more streamlined verification process for new cardholders. By integrating Trulioo capabilities, Collabria will… Read More

November 18, 2024 @ 4:08 am By Omar Faridi  |  

Socure, the provider of AI for digital ID verification, sanction screening, and fraud prevention announced the launch of Graph Intelligence, an addition to its Sigma Identity Fraud suite. This module provides fraud, compliance, and data science teams exclusive access to unique, “deterministic” signals that reveal… Read More

November 3, 2024 @ 6:17 pm By Omar Faridi  |  

Trulioo, an identity platform with worldwide coverage for person and business verification, announced its instant results capability helped an enterprise organization increase verification speed by 56%. Trulioo claims in its latest update that instant results has reduced the organization’s average onboarding time by “two seconds… Read More

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