Tagged: id verification

Digital Identity Verification Platform Trulioo Announces Mentorship Program with Beedie Luminaries

Trulioo, a global digital identity verification platform, is partnering with Beedie Luminaries to support post-secondary students “within the program who are pursuing their studies in science, technology, engineering and mathematics (STEM).” Beedie Luminaries is “a social-profit enterprise that helps remove barriers to education and provides… Read More

Digital Identity Solutions Are Increasingly Being Adopted as Governments Realize Benefits: Report

Driven by vaccination certificates, the need for identity checks in financial services, and the potential of the metaverse, governments across the world “realize the benefits and the importance of digital identity, enabling the technology to take off,” says GlobalData, a data and analytics company. GlobalData’s… Read More

Online Marketplaces Leverage ID Verification to Create “Certainty” During Uncertain Times: Trulioo Report

New research from Trulioo, a global digital identity verification platform, “shows that 87% of online marketplace leaders view identity verification as critical to protecting consumers and building trust during unpredictable times.” Those respondents also overwhelmingly “see identity verification as more than just a single step… Read More

TrueNorth, Veriff to Power Identity Verification for Digital Transformations in Financial Services

Veriff, a global identity verification provider, announced a partnership with global financial services software development company TrueNorth. This partnership will “provide TrueNorth’s clients with seamless access to Veriff’s growing suite of identity verification (IDV) solutions for safer and enhanced digital transformation initiatives.” TrueNorth reportedly “offers… Read More

IDScan.net Teams Up with Jack Henry to Remove Barriers in Mobile Onboarding

IDScan.net announced a collaboration with Jack Henry (Nasdaq: JKHY), a financial technology provider, to provide identity validation for digital account creation “via the Jack Henry OpenAnywhereTM platform.” Through its collaboration with IDScan.net, Jack Henry says that it “offers the frictionless, mobile onboarding experience overwhelmingly preferred… Read More

Consumers Consider ID Verification Vital When Engaging with Crypto Exchanges: Trulioo Report

Research from Trulioo, a key player focused on global identity verification, shows consumers consider identity verification vital and “reassuring during onboarding and throughout their relationship with crypto exchanges.” The research, highlighted in the “Crypto customers call for reassurance in uncertain times” report, reveals that 70%… Read More

Mitek Introduces Biometric ID Technology

An average person “has more than 100 passwords to manage, often making it difficult and frustrating to complete even the simplest online transactions.” Enter MiPass from Mitek (NASDAQ: MITK), a passwordless identity authentication solution that “allows a person to access digital accounts effortlessly and securely using… Read More

Regtech Trulioo Expands Digital Identity Verification Across LatAm Region

Trulioo, a global identity verification company, has updated its coverage across Latin America, “expanding access to the Dominican Republic and Uruguay and significantly strengthening data sources in Colombia and Mexico.” Those additions “bolster the company’s ability to serve customers streamlining operations in Latin America or… Read More

Sumsub Introduces “1-Click” Document-free Verification for 2B+ Users

Sumsub, a global tech company providing anti-fraud and compliance solutions, announces the launch of “one click-KYC.” These services from Sumsub are available for users in India, Brazil, Nigeria and Indonesia. The new solution will “allow businesses to instantly onboard over 2 billion users without requesting… Read More

Mastercard, Ravelin to Reduce Fraud, Create Frictionless Checkouts

During the pandemic, online grocery orders “rose by more than 50% and are expected to rise further this year,” according to McKinsey research. More than ever, people “make day-to-day purchases online, choosing quick commerce merchants that offer speed and convenience.” As people open new accounts… Read More

Regtech Trulioo Expands International Presence to Singapore

Trulioo, a global identity verification company, has expanded to Singapore in response to growing customer demand in the Asia-Pacific (APAC) region. The move allows Trulioo “to directly serve its extensive and expanding enterprise-level APAC customer base.” Steve Munford, CEO of Trulioo, said: “As businesses in… Read More

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

Identity Verification Firm Ondato Introduces Virtual Branch Service

Ondato,​​ a KYC and AML firm that offers video-based ID verification systems to banking institutions as part of its techy, has introduced a virtual branch service that supports physical, digital and hybrid banking platforms with providing clients with virtual face-to-face appointments. The solution has the… 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

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

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

ID Verification Firm Incode Technologies Announces Expansion of Dev Center in Serbia

Incode Technologies, a key player focused on identity verification and authentication for global enterprises, recently announced the expansion of its Serbian development center “to accelerate development of its privacy-centric approach to authenticating identities worldwide.” Incode’s steady growth rate is fueled by its latest cycle of… Read More

Identity Verification Provider ID-Pal Introduces Services in the UK

ID-Pal, the identity verification provider, recently revealed that it is entering the UK market after six years of steady growth across Ireland, the US and the European Union. This move has reportedly been planned due to increasing levels of identity fraud and the growing complexity… Read More

Credex Teams Up with iDenfy for Biometric Identity Verification

The Lithuania-headquartered remote ID verification and fraud prevention firm, iDenfy, teams up with Credex, the automated lending platform for point of sales financing. As noted in the update, iDenfy’s full-stack ID verification should enable a fast and secure lending experience for Credex’s clients. The COVID-19… Read More

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