Tagged: digital identity

August 31, 2025 @ 4:27 pm By Omar Faridi  |  

World Network, the blockchain project formerly known as Worldcoin, continues to challenge the boundaries of digital identity and decentralized finance with key updates: the development of a peer-to-peer (P2P) Flashblock propagation layer for its World Chain blockchain and the opening of its flagship location in… Read More

August 16, 2025 @ 3:42 pm By Tony Zerucha  |  

Prove, a digital identity provider, has launched Unified Authentication, a modern authentication solution that passively and persistently recognizes customers, no matter where they appear or how often their devices or credentials change. This launch reflects a critical market shift: identity is no longer just a… Read More

July 24, 2025 @ 9:19 am By Omar Faridi  |  

Jumio has released its findings from its 2025 Online Identity Study. As consumers set out for summer activities, digital identity protection may be taking a more significant spot on the packing checklist, with almost half of global consumers (44%) not having confidence in the travel… Read More

July 5, 2025 @ 11:14 am By Omar Faridi  |  

In an era where digital transformation is reshaping financial services, sponsor banks and fintech companies face mounting challenges, from regulatory scrutiny to sophisticated fraud schemes. This, according to an update from Regtech Prove. Two recent developments highlight innovative approaches to these issues: strategies for sponsor… Read More

July 4, 2025 @ 1:17 am By Omar Faridi  |  

World Network, formerly Worldcoin, continues to redefine the blockchain landscape by prioritizing real humans over bots, fostering financial inclusion, and empowering developers. Recent updates from the project highlight its commitment to scaling a global, human-focused digital identity and financial ecosystem. With innovations like stablecoin integration,… Read More

July 3, 2025 @ 12:11 am By Omar Faridi  |  

Entrust, an identity-centric security solutions provider, has announced a partnership with CreditBank PNG (CBP) to deliver digital and card payment solutions to customers across Papua New Guinea. This collaboration is said to mark a “significant milestone in CBP’s digital transformation journey and supports its long-term… Read More

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