Tagged: digital identity

July 24, 2021 @ 2:04 pm By Omar Faridi  |  

AuthenticID recently announced a $100 million minority growth investment that has been led by Long Ridge Investment The investment will be directed towards supporting AuthenticID’s ongoing innovation in automated identity proofing as well as the firm’s market expansion efforts. AuthenticID, an established provider of Identity… Read More

July 21, 2021 @ 7:25 pm By Omar Faridi  |  

Jumio, an established provider of AI-enhanced end-to-end identity verification and eKYC services, reveals that its sales and revenue increased more than 150% during Q2 2021 when compared to Q2 2020. The growth has reportedly been fueled by “an ongoing need for modern enterprises to know… Read More

July 19, 2021 @ 2:25 pm By Omar Faridi  |  

A new industry report, published by Trulioo, the global identity verification firm, and One World Identity, looks at the “nuances” of digital identity verification. As noted in a release shared with Crowdfund Insider: “In particular, it explores how adopting a consumer-centric and layered approach to… Read More

July 16, 2021 @ 9:55 am By Omar Faridi  |  

Blockpass and OpenDeFi are pleased to confirm their new partnership. Blockpass and OpenDefi will be working together to offer regulatory compliance, security and various other benefits to the intersection of decentralized finance and real-world assets, referred to as  “Open Finance.” The two organizations will also… Read More

June 30, 2021 @ 9:07 pm By Omar Faridi  |  

Australia-based eftpos Group has introduced its new digital identity solution that will serve as a standalone Fintech division. The new initiative, called Connect ID and created with assistance from SecureKey, is currently live, with the stated goal of making it simpler for consumers in Australia… Read More

June 29, 2021 @ 10:44 am By Omar Faridi  |  

iDenfy, an international identity verification service that offers a secure and reliable solution to quickly verify customers’ identities online, announced on Tuesday (June 29, 2021) that it has teamed up with Clearshift. Clearshift, a firm that’s focused on offering low-cost, transparent, and simplified solutions for… Read More

June 25, 2021 @ 8:34 pm By Omar Faridi  |  

Prove, which offers an innovative way of proving identity by requiring only a phone number, reveals that it has integrated TransUnion’s TruValidate identity verification solution into its product offering so that it can offer a new, instant, digital identity service in Hong Kong. The launch… Read More

June 22, 2021 @ 10:07 am By Omar Faridi  |  

TrueLayer, Europe’s Open Banking platform, reveals that it has launched a new approach to account ownership checks with its Verification API. As noted in the announcement from TrueLayer, the Verification API will be leveraging Open Banking along with with machine learning algorithms. This should help… Read More

June 15, 2021 @ 8:12 am By Omar Faridi  |  

Fintech firm Stripe remains focused on expanding its services beyond just payments. The company has introduced a tool that’s designed to assist Internet businesses with securely verifying the identities of their clients from more than 30 different countries. Stripe Identity has been developed to assist… Read More

June 12, 2021 @ 7:21 pm By Omar Faridi  |  

Mastercard (NYSE: MA) revealed on Friday (June 11, 2021) that it has finalized its acquisition of Ekata, a provider of identity verification services that assist companies or businesses with making informed decisions when opening online accounts, conducting payments and handling various other digital interactions. Ajay… Read More

June 9, 2021 @ 3:47 pm By Omar Faridi  |  

Canada’s Trulioo, a global identity and business verification solution provider, recently revealed that it has finalized a $394 million Series D round at a $1.75 billion valuation. Trulioo‘s latest investment round was led by TCV, an established growth equity company, along with contributions from existing… Read More

June 5, 2021 @ 4:17 pm By Omar Faridi  |  

iDenfy recently revealed that their partnership with Kazakhstan’s Fintech firm ITCS Trade Ltd. will involve iDenfy offering ID verification services for new clients that sign up for the ITCS Trade trading platform. The ITCS team notes: “Our vision at ITCS Trade is to provide you… Read More

June 2, 2021 @ 10:29 pm By Omar Faridi  |  

The team at UnifyID has announced that they’re teaming up with Prove. The UnifyID team notes that ever since they began offering services, they knew or realized that they were only addressing a relatively small piece of the identity problem. They also mentioned that they… Read More

June 1, 2021 @ 10:16 pm By Omar Faridi  |  

HeyTrade, a full-stack investing platform, is teaming up with Veriff, the international ID  verification solution provider ensuring both compliance and the highest level of security. The application makes the process between sign-up and investing simple and fast while Veriff adds on another layer of security… Read More

May 7, 2021 @ 8:51 pm By Omar Faridi  |  

Li Jun, Founder of Ontology, recently commented on how Self Sovereign Identity solutions will reshape or transform how we share data via the Internet. Jun notes that each time you get on the internet, you’re adding your digital identity and are also creating a “virtual… Read More

March 18, 2021 @ 9:57 pm By Samantha Hurst  |  

  Socure, a U.S.-based digital identity verification provider, announced earlier this week it secured $100 million through its Series D funding round, which was led by Accel with participation from Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson,… Read More

March 7, 2021 @ 7:26 pm By Omar Faridi  |  

IDnow, a provider of identity verification-as-a-service solutions, will be acquiring identity Trust Management, a global provider of digital and offline ID verification software from Germany. IDnow confirmed that it would continue to maintain identity Trust Management’s Düsseldorf location and will retain its employees as well…. Read More

February 24, 2021 @ 8:16 am By Omar Faridi  |  

We recently connected with Markus Jun, the founder and CEO of ICON Hyperconnect Public Representative, a leading block validator for the ICON network with $20 million in total staked value, and Hyperconnector, an official accelerator partner of the ICON Foundation & ICX Station Seoul. Markus… Read More

February 23, 2021 @ 10:51 pm By Omar Faridi  |  

Blockchain platform Ontology (ONT) and Binance, the leading digital currency exchange, have a long and established history of cooperation and partnership which has led to many benefits for both sides, “none possibly more important the integration of Ontology’s Decentralized Identity Solution into the Binance Smart… Read More

February 19, 2021 @ 8:51 am By Omar Faridi  |  

BioCatch, a digital identity firm, has revealed that it has acquired a registered US patent for the method it uses to verify a user’s identity and for detecting fraud. According to BioCatch, the verification process is based on the manner in which the user holds… Read More