Tagged: id verification

October 8, 2023 @ 6:26 pm By Omar Faridi  |  

Digital identity verification is a term that is rapidly evolving and often is given different definitions. Juniper Research considers digital identity to be: ‘A digital representation of an entity; this can be one or more individual pieces of identifying data, an event, or a signal… Read More

October 8, 2023 @ 3:42 pm By Omar Faridi  |  

Veriff, a global identity verification (IDV) provider, launched its new Fraud Protect & Fraud Intelligence packages. These offerings aims to “provide organizations powerful tools and expertise to mitigate fraud attempts and verify more genuine users efficiently.” Each package is tailored “towards meeting the specific needs… Read More

October 5, 2023 @ 6:58 am By Omar Faridi  |  

Building upon its passwordless authentication expertise, HYPR announced the unified solution for securing the modern identity lifecycle, providing organizations with complete confidence that an individual is who they claim to be at all times. The new solution reportedly “combines the strongest modern authentication capabilities with… Read More

October 1, 2023 @ 5:13 pm By Omar Faridi  |  

Over 200,000 consumers have reportedly verified their World ID in Chile as demand for the privacy-preserving digital identity protocol continues to grow following the Worldcoin project launch in July. In a country with approximately 19.5M residents, that’s “over 1% of the population.” In order to… Read More

September 21, 2023 @ 12:11 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has achieved 376% revenue growth from 2019 to 2022 and appointed seasoned technology professional Aaron Barfoot as the company’s new Chief Financial Officer to help drive Socure’s next phase of growth. Barfoot reportedly “brings over… Read More

September 20, 2023 @ 12:55 pm By Omar Faridi  |  

AU10TIX, a global technology firm focused on identity verification and management, today announced that Guesty, the property management platform for the short-term rental and hospitality industry, has selected AU10TIX’s fully automated identity verification (IDV) solution to help meet global regulatory requirements and minimize fraud risk…. Read More

September 17, 2023 @ 11:14 am By Omar Faridi  |  

State Bank of India (SBI), India’s largest bank, announced reduced customer verification time from 24 hours to just minutes in a partnership with Onfido, the global provider of automated identity verification and authentication solutions. SBI (UK) Ltd, the subsidiary of SBI in the UK, is… Read More

September 15, 2023 @ 4:30 pm By Omar Faridi  |  

A “top 60” law firm chooses Onfido to enable automated identity verification, reducing client verification time from days to minutes. Onfido, the global leader in automated identity verification, announced a partnership with Taylor Rose MW, a top 60 independent law firm, “to provide automated and… Read More

August 29, 2023 @ 3:56 pm By Omar Faridi  |  

Trulioo, a global identity verification platform, announced new Workflow Studio capabilities to accelerate person matching worldwide. Trulioo provides an alternative “to the complex array of vendors that companies often depend on to ensure reliable person matching through personally identifiable information (PII) and identity documents.” The… Read More

August 8, 2023 @ 4:06 pm By Omar Faridi  |  

This announcement marks a significant milestone in the digital landscape as NexeraID in collaboration with PolygonID unveil their Web3 Compliance initiative. This project sets a standard for privacy protection while “ensuring strict adherence to regulatory requirements in the ever-evolving realm of Web3 compliance.” With the… Read More

August 4, 2023 @ 5:14 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated digital identity verification, today announced that they have partnered with 0xKYC, an innovative startup bringing zero-knowledge proof identity solutions to Decentralized Autonomous Organizations (DAOs). 0xKYC, which is currently in its seed round of investment, is… Read More

July 25, 2023 @ 10:18 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, today announced a partnership with Magic, an innovative Know Your Customer (KYC) marketplace company, to provide document and biometric verification to streamline KYC processes and help mitigate fraud. Magic is building “Sign-up with… Read More

July 15, 2023 @ 10:33 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, launched “The Socure Identity Challenge” to advance accurate and equitable digital identity verification in government. Federal, state and local government agencies are invited “to take the challenge and learn how new approaches to digital identity… Read More

July 12, 2023 @ 12:10 pm By Omar Faridi  |  

Checkout.com, the global payments solution provider, launches Identity Verification, its first product focused on improving the customer onboarding and identity verification process and expanding Checkout.com’s impact on customers’ digital experience. Identity Verification “utilizes proprietary artificial intelligence and is trained on billions of identity and facial… Read More

July 9, 2023 @ 9:03 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, announced the results of its four year partnership with Lemonway, a leading Pan-European payment institution. Since integrating Onfido’s AI-powered identity verification solutions, Lemonway has seen substantial ROI, “including a 2X increase in validated… Read More

July 6, 2023 @ 10:15 am By Omar Faridi  |  

Veriff, a global identity verification provider, today announced a partnership with Taktikal, a leading e-signature software suite, to provide enhanced identity verification capabilities for their customers on a global scale. With this partnership, Veriff adds “an extra layer of safety and security to Taktikal’s automated… Read More

July 1, 2023 @ 6:06 pm By Omar Faridi  |  

Socure, the provider of digital identity verification solutions, has acquired Berbix, a San Francisco-based startup that developed a high-accuracy document verification solution with a patent-pending forensics engine “able to detect spoofed IDs – including AI-generated fakes – that are visually indistinguishable to the human eye.”… Read More

June 14, 2023 @ 10:17 pm By Omar Faridi  |  

Vouched, an AI-driven identity verification platform, announced it will provide identity verification services in support of the launch of FreedomID, a platform designed “to support refugees in their safe passage and settlement anywhere in the world, formed by UK tech company Zenoo.” Vouched expects to… Read More

June 12, 2023 @ 10:47 pm By Omar Faridi  |  

Onfido, the automated identity verification provider, announced it has achieved ETSI TS 119 461 certification, the latest European technical standards for identity proofing and trust services by the European Telecommunications Standards Institute (ETSI). This allows Onfido to “act as an Identity Proofing Service Provider (IPSP)… Read More

June 11, 2023 @ 6:40 pm By Omar Faridi  |  

Plaid is introducing an all-new identity verification experience that allows consumers to fast track verifications across Plaid-powered apps and services. Just as commerce providers have delivered on the promise of “one-click” checkout, Plaid claims it is “creating the standard for a ‘verify once, verify everywhere’… Read More