Tagged: digital identity

Onfido Introduces Motion, the “Next-Gen” of Facial Biometric Tech, Improving Verification Speed

Onfido, the global digital identity verification and authentication provider, unveiled Motion, a next generation biometric liveness solution “to enhance its Real Identity Platform, launched in May.” Motion aims to “deliver seamless, secure, and inclusive customer verification and is iBeta Level 2 certified.” With a simple… Read More

Digital Identity Firm IDnow Joins [email protected] to Enhance Air Travel Services

IDnow, a European identity proofing platform provider, is pleased to announce its participation in the International Air Transport Association’s (IATA) [email protected] 2022 accelerator program. IDnow is working with IATA and its members, “providing expertise and regulatory know-how in the field of identity proofing and digital… Read More

BankID Expands Digital Identity Protection with OneSpan

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced a significant expansion of its OneSpan Cloud Authentication service with BankID. BankID first launched with OneSpan in September 2021 and has already “reached a multi-million user milestone that is expected to continue growing as BankID’s technology… Read More

Binance Labs Leads SPACE ID’s Seed Round to Support Universal Naming Service Network

Binance Labs, the venture capital arm and accelerator of Binance, led SPACE ID’s seed round. SPACE ID is “a universal naming service network that connects people, assets, and dApps across different blockchain networks.” SPACE ID is “building decentralized, censorship-resistant, and open-sourced universal identifiers.” The naming… Read More

Reliable Digital Identity, ID Verification Systems Offer Significant Value Additions to Individuals: Report

Digital identity is a constantly evolving concept and one that is “increasingly entwined with allied areas such as security, privacy, and management of identity-related data,” according to an update from Juniper Research. Usually issued and/or regulated by national identity schemes, a digital identity can “serve… Read More

Standard Chartered Joins Chekk’s Financing Round to Support Growth of KYC Firm

Standard Chartered announced that it has invested funds in Hong Kong-based KYC, KYB and data management platform with the aim of “accelerating the company’s product development and boosting its sales organization – both to meet the increasing demand of the global identity verification market for… Read More

Germany’s Digital Identity Firm IDnow Acquires €60M Debt Facility

IDnow, a European identity proofing and digital identity provider, has arranged a new debt facility from funds and accounts managed by BlackRock that “provides up to €60 million in financing.” The debt facility will “enable IDnow to leverage its existing market-leading identity platform.” The company… Read More

Binance Labs Leads Funding Round for Lifeform to Support Digital Citizenship

Binance Labs, the venture capital arm and accelerator of Binance, led the seed funding round of Lifeform, which is described as “a disruptive decentralized visual digital identity (DID) solution provider.” The fund will aim to “empower the next billion Web3 users with decentralized digital citizenship.”… Read More

DocuSign Partners with UK’s ID Firm OneID

OneID, the UK-headquartered identity tech firm that makes it simpler for consumers to prove who they are online or in an all-digital environment, recently announced that it has teamed up with DocuSign in order to offer government-certified ID verification to the firm’s electronic signature solution,… Read More

Philippines Govt to Introduce Digital Identification System, Improve Access to Financial Services

Finance Secretary (in the Philippines) Benjamin Diokno recently noted that the government will be focused on accelerating the rollout of the Philippine Identification System (PhilSys ID) in order to further expand public access to financial products/services while achieving “e-governance.” Former President Rodrigo Duterte had reportedly… Read More

Equifax Reveals Plan to Acquire Midigator

Equifax (NYSE: EFX) is expanding its global footprint in digital identity and fraud prevention with “a definitive agreement to acquire Midigator LLC, a provider of post-transaction fraud mitigation solutions.” With the rise of global ecommerce sales, “expected to hit $5.5 trillion in 2022, transaction disputes… Read More

Digital Identity Firm Yoti Teams Up with London’s Investment Platform Further

Investment platform Further recently announced a partnership with digital identity service provider Yoti, which should improve the customer onboarding experience, making it quicker and more seamless for clients to invest in their preferred funds. Under the Financial Conduct Authority (FCA) rules, Further must offer appropriate… Read More

ShareRing, a Digital Identity Blockchain Ecosystem, to Enhance Privacy, Security for Web3 Consumers

ShareRing’s purpose is to remove “friction” throughout the world, and digital identities is a vehicle that can “help accomplish this.” Tim Bos, CEO at ShareRing, stated: “Over the years, there’s been a trend for large companies to host more and more data about you in… Read More

Fraud Prevention Firm SEON Announces Partnership with Provenir

With its innovative tech, Provenir provides an AI-powered decisioning platform that can “assess risk in areas like identity, credit, and fraud.” The company prides itself on working with established partners, such as SEON who are able to “provide groundbreaking technology that can be incorporated within… Read More

ShapeShift, Unstoppable Domains Now Offering Free NFT Domains

Unstoppable Domains, which claims to be the leading platform for Web3 digital identity with more than 2.4 million registered NFT domains, recently announced an integration with ShapeShift, a “decentralized,” non-custodial cryptocurrency platform “supporting over 5000 assets.” Now, ShapeShift customers will be able “to replace complicated… Read More

Digital Identity Platform Unstoppable Domains, City of Miami Providing Web3 Education

Unstoppable Domains, the Web3 digital identity platform and NFT domain name provider with 2.4 million registered usernames, has teamed up with the City of Miami’s Venture Miami team in order “to accelerate its local Web3 education effort.” Venture Miami hosted its “Miami for Everyone” Web3… Read More

Ontology Web3 Network (OWN) Infrastructure to Bring Full Accessibility to Building, Using Web 3.0

Web3 is here to “revitalize” the way in which our entire society operates, “ushering in a new era of trust and collaboration,” according to an update from Ontology. When it comes to building the infrastructure for #Web3, we believe you should #OWN your value. We… Read More

Unstoppable Domains Introduces Profile Badges, “Verified” by On-Chain Activity

Unstoppable Domains, which claims to be the “leading” Web3 digital identity platform and NFT domain name provider, recently announced the launch of Profile Badges “verified by on-chain activity.” Profile Badges act as a way for users “to build and showcase their digital identity, such as… Read More

KYC, Identity Controls Might Reshape DeFi by Allowing Regulated Entitites to Participate: Report

The team at Alloy, which specializes in identity verification APIs that make KYC/AML “effective and simple,” has looked into how DeFi has evolved into a “major” sector of crypto without running KYC or AML checks on users. The Alloy team members have looked at “Permissioned… Read More

Onfido Real Identity Platform Enhances Performance with Automated Identity Verification

Onfido, the digital identity verification and authentication provider, has announced the expansion of its Real Identity Platform, “improving fraud accuracy by 54% and fully automated performance by 12x.” The platform “simplifies identity for everyone.” Now customers can “reduce the complexity of sourcing and managing multiple… Read More

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