Tagged: digital identity

March 12, 2022 @ 8:53 am By Omar Faridi  |  

Global identity verification firm, Trulioo, has introduced a set of resources in order to support modern security professionals as they “shape safety and security practices in the digital world.” Data found that compliance, risk and IT security professionals are “critical to supporting business growth.” These… Read More

March 9, 2022 @ 9:32 pm By Omar Faridi  |  

Tesco Bank is reportedly using biometric authentication tech from Onfido in order to accelerate onboarding for its Clubcard Pay+ account, through which clients may ring-fence their grocery spend from any existing bank account. Introduced in January 2022, Tesco Clubcard Pay+ allows members to make payments… Read More

February 19, 2022 @ 9:46 am By Omar Faridi  |  

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

February 1, 2022 @ 2:56 pm By Omar Faridi  |  

Many US consumers face complications, challenges or adversity when carrying out purchases because the name on their debit card doesn’t match “who they truly are.” T-Mobile (NASDAQ: TMUS) announced (on January 31, 2022) True Name® by Mastercard® for T-Mobile MONEY, allowing all clients, including transgender… Read More

January 30, 2022 @ 9:40 pm By Omar Faridi  |  

ForgeRock (NYSE: FORG), an international digital identity provider, recently announced its continued expansion across Asia and has made ForgeRock Identity Cloud “available locally from two new data centers in Indonesia and Hong Kong.” As mentioned in the update, this move expands ForgeRock’s Identity Cloud into… Read More

January 17, 2022 @ 9:09 am By Omar Faridi  |  

Ontology, the project that aims to bring trust, privacy, and security to Web 3.0 via decentralized identity and data solutions, recently announced the opening of a new European office in Berlin, Germany. As mentioned in an update shared with CI, Ontology’s move reflects its alignment… Read More

January 11, 2022 @ 10:47 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

January 4, 2022 @ 8:51 am By Omar Faridi  |  

Ontology Network, which claims to be a high performance, open-source blockchain specializing in digital identity and data, has celebrated their 4th anniversary. As mentioned in a blog post, Ontology launched the event “Cyberspace 4 Philosophers.” All 10,000 NFTs were fully sold out within 7 days,… Read More

December 11, 2021 @ 11:39 am By Omar Faridi  |  

Jumio, the provider of AI-enhanced end-to-end identity orchestration, eKYC and AML solutions, recently announced that the firm is acquiring strategic partner 4Stop, the data marketplace and orchestration hub for KYB, KYC, compliance and fraud prevention. The addition of 4Stop’s data sources to the Jumio KYX… Read More

December 10, 2021 @ 3:52 pm By Omar Faridi  |  

Alloy, the identity decisioning platform for banking institutions and Fintech firms, has announced the launch of its Partner Center, a dedicated resource for customers to gain “more transparency into its partner integrations.” Via the Partner Center, Alloy brings the best tech and data providers into… Read More

December 9, 2021 @ 11:44 am By Omar Faridi  |  

Avast (LSE:AVST), an international provider of digital security and privacy, has announced the acquisition of Evernym. The US firm was “instrumental to the invention of self-sovereign identity, with leading contributions from their Chief Trust Officer, Drummond Reed, and others in the company working within the… Read More

December 1, 2021 @ 11:47 pm By Omar Faridi  |  

The Republic of North Macedonia has introduced its National Digital Identity Service – with assistance from Mastercard (NYSE: MA) – in order to support the nation’s fast-evolving digital economy. The partnership between Mastercard and the Macedonian Ministry of Information Society and Administration (MISA) – first… Read More

November 28, 2021 @ 10:53 am By Omar Faridi  |  

Ontology Network, which claims to be a high-performance, open-source blockchain specializing in digital identity and data, has now been live for over fours years. The platform remains focused on its journey to Web 3.0 Infrastructure Status. Ontology confirms that it has a continued focus on… Read More

November 26, 2021 @ 5:07 pm By Omar Faridi  |  

Worldline (Euronext: WLN) is supporting PSA Payment Services Austria GmbH on its journey towards becoming a smart transaction provider beyond just payments. Via its products WL ID Center and WL Trusted Authentication as well as experience in various infrastructure initiatives, Worldline is offering the tech… Read More

November 20, 2021 @ 2:33 pm By Omar Faridi  |  

GB Group plc (AIM:GBG), which claims to be an expert in digital location, identity and identity fraud software, has announced that it reached an agreement to acquire Acuant, an identity verification and KYC/AML compliance provider, for a cash-free, “debt-free” enterprise value of $736 million. The… Read More

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

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

November 15, 2021 @ 7:44 am By Omar Faridi  |  

Mastercard (NYSE: MA) writes in a blog post that the last time you may have been asked to provide your birth certificate, you probably rolled your eyes and thought, “We’re still doing that?” Mastercard also notes that even as much of the world has moved… Read More

November 11, 2021 @ 11:56 pm By Omar Faridi  |  

The Open Identity Exchange (OIX) has confirmed the appointment of Mags Moore as Chairperson of the OIX Board. Within the role, Moore will be responsible for leading the OIX Executive Committee and Board, in order to set the OIX strategy, “driving forward the OIX position… Read More

November 10, 2021 @ 7:46 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has confirmed its oversubscribed $450M round at a $4.5B valuation from various growth equity and public market investors. Socure achieved a $4.5B valuation only seven months after its $1.3B Series D investment round, on the… Read More

October 26, 2021 @ 8:38 am By Omar Faridi  |  

Jumio, the provider of AI-enhanced identity verification, eKYC, and AML solutions, announced the launch of a no-code orchestration layer for its KYX Platform that “unifies an entire set of risk and fraud detection capabilities to address identity proofing, compliance verifications, and AML use cases.” As… Read More