Trulioo has been selected by JP Morgan (NYSE:JPM) to provide identity verification for payments globally. This is for both individual and business validation. Trulioo did not shed light on the agreement but working with JPM is quite a validation of their services and the contract… Read More
Read more in: Global, Regtech & Legaltech | Tagged id, identity verification, jp morgan, kyc, steve munford, trulioo
Onfido, the digital identity verification and authentication provider, has announced the expansion of its Real Identity Platform, “improving fraud accuracy by 54% and fully automated performance by 12x.” The platform “simplifies identity for everyone.” Now customers can “reduce the complexity of sourcing and managing multiple… Read More
Read more in: Global, Regtech & Legaltech | Tagged alex valle, authentication, automation, digital identity, digital transactions, fraud detection, id, identity verification, onfido
Financial risk management platform Feedzai has acquired Revelock a biometric ID platform. Revelock technology will be immediately integrated into the core Feedzai platform with historical behavioral biometric intelligence available. Feedzai claims the purchase has created the world’s largest AI-powered financial risk management platform calling the… Read More
Read more in: Global, Artificial Intelligence, Regtech & Legaltech | Tagged aml, anti money laundering, feedzai, financial risk management, id, kyc
France-based AI company ubble has acquired more than €10 million (appr. $11.2 million) in capital through a round led Breega and Partech and Breega. The funds raised will reportedly be used to develop ubble’s remote onine ID verification product which will include biometric facial recognition…. Read More
Read more in: Fintech, Artificial Intelligence, Global | Tagged ai, artificial intelligence, biometrics, bpifrance, breega, digital identity verification, europe, france, gdpr, id, id verification, identity verification, investment round, online identity, partech
Six new partners have joined South Korea’s MyIDAlliance, a leading collaborative organization focused on establishing a blockchain-based digital ID ecosystem that places “MyID” at the center. Leading security firm “AhnLab”, payments provider “NHN KCP”, electronic trade and logistics firm “KTnet”, exchange lending Delio, AI and… Read More
Read more in: Blockchain & Digital Assets, Asia, Fintech | Tagged decentralized identifiers, did, digital identity, distributed ledger technology, dlt, id, markus jun, south korea
Vereign AG, based in Zug, Switzerland, has closed on a financing round of CHF 2.5 million (~ $2.58M) to establish a Swiss network for a verified and self-managed identity service. The financing round was led by AquilaDirekt AG and a renowned Swiss entrepreneur through a… Read More
Read more in: Global, Blockchain & Digital Assets | Tagged aml, cv vc, ibm, id, identification, kyc, olaf hannemann, switzerland
Onfido, a global identity verification provider, has reportedly secured $100 million through its latest investment round, which was led by TPG Growth. Founded in 2012, Onfido describes itself as the “new identity standard” for the internet. The company reported that its AI-based technology assesses whether… Read More
Read more in: Fintech | Tagged id, identity verification, investment, onfido, tpg growth
Proving who we are used to be a pretty straight-forward affair, or as Popeye the Sailor Man used to say: I am what I am and that’s all that I am. The increasing digitization of our lives, however, doesn’t tolerate this naive attitude any longer. … Read More
Read more in: Blockchain & Digital Assets, Global, Opinion | Tagged aubrey hansen, id, identification, perspective
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