Tagged: identity verification

Regtech: TrustID Selects IDVerse to Streamline Identity Verification Capabilities via GenAI Algorithms

IDVerse, a key player focused on generative AI identity solutions, celebrates a significant milestone as TrustID, a firm specializing in identity verification and fraud prevention, joins its growing roster of clients. TrustID, the certified identity service provider (IDSP) and industry participant, has “chosen IDVerse to… Read More

Regtech Jumio Research: Consumers Are Ready to Switch Banks Over Inadequate Fraud Protection

Jumio, a provider of automated identity verification, and risk signals has released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety “among consumers that weaknesses in their banks’ fraud-protection measures could leave them exposed to scammers, which would result… Read More

As Fraud Rises, More Executives Paying Attention: Veriff

Most U.S. businesses are seeing an increase in fraud, and key decision-makers see the need for vigilance. Those are among the findings of Veriff’s U.S. Fraud Industry Pulse Survey for 2024. Almost 87% of companies saw an increase in online fraud in 2023, while 78%… Read More

Regtech iProov Achieves FIDO Alliance Certification for Face Biometric Identity Verification

iProov, a provider of science-based biometric identity solutions, announces that its Dynamic Liveness Solution, the science powering the iProov Biometric Solution Suite’s Remote Onboarding and Authentication solutions, is the first to achieve the new global certification on face biometric identity verification from the FIDO Alliance…. Read More

ID Verification Company AU10TIX Releases Free Risk Assessment Model

AU10TIX, a global technology provider of identity verification and management, this week launched a free Risk Assessment Model that enables businesses to conduct an initial assessment of their exposure to operational, security and identity fraud risk. Drawing insights from billions of transactions processed globally and… Read More

Socure Report Describes “Digital Ghosts” – No Credit History or Financial Footprint

Socure, a provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, today unveiled research study findings revealing that 35% of Gen Zers in the U.S. and nearly one-third of legal immigrants are “Digital Ghosts.” A Digital Ghost has little to no… Read More

Regtech Jumio Shares Survey Findings Revealing Majority of Consumers Concerned About Being Tricked by Deepfakes

Jumio, the provider of automated, AI-driven identity verification, risk signals and compliance solutions, released the Jumio 2024 Online Identity Study, the third installment of its annual global consumer research. This year’s results highlight significant “concerns among consumers about the risks associated with generative AI and… Read More

AU10TIX’s Serial Fraud Monitor Surpasses $18B Fraud Protection Threshold

AU10TIX, a global provider of identity verification and management, today announced that it has protected companies against more than $18 billion in business fraud since the 2021 launch of its Serial Fraud Monitor (formerly INSTINCT). The tool draws insights from millions of transactions processed across… Read More

AU10TIX Expands Digital ID Verification Solution

AU10TIX, a global technology provider of identity verification and management solutions, this week announced the expansion of its Digital ID solution, which it says enables businesses to rapidly, accurately and securely verify IDs of all types, including physical, digital, eID, verifiable credentials, and more. The company’s… Read More

Global Regtech Jumio Appoints Igor Beckerman as CFO

Jumio, a provider of end-to-end identity verification and compliance solutions, has announced the addition of Igor Beckerman as Chief Financial Officer. Beckerman has three decades of finance leadership experience, most notably “as leading customer success platform Gainsight’s first-ever CFO, and at Marketo, where he served… Read More

Regtech IDnow Joins Consortium Aimed at Making Digital Assets Compliant with EU Regulations

IDnow, an identity verification platform provider in Europe, joins a consortium of five partners, including the IOTA Foundation and Walt.id, SPYCE.5, and Bloom Labs with the goal of making Crypto Asset Service Providers (CASPs) and self-hosted wallets compliant with the European Anti-Money-Laundering Regulation and the… Read More

Regtech iDenfy Partners with RaiseFX, a Fintech focused on CFD Broker Sector

iDenfy, a Lithuanian Regtech known for its full-stack ID verification service, announced a  partnership with RaiseFX, a key player in the CFD broker sector. This partnership will help RaiseFX offer a user-friendly ID verification workflow, allowing clients to gain access to various trading and investment… Read More

Regtech Jumio, the Provider of Identity Verification Solutions, Teams Up with Kaizen Gaming

Jumio, the provider of automated, end-to-end identity verification, risk assessment and compliance solutions, has partnered with Kaizen Gaming, the global GameTech firm, to streamline its verification processes. Kaizen Gaming is committed to “providing a great user experience based on all regulatory requirements across markets, and… Read More

Regtech Onfido, the Enabler of Automated ID Verification, Introduces Compliance Suite

Onfido, which claims to be the global leader in automated identity verification, launched its Compliance Suite, an all-in-one identity verification solution “that empowers fast-growth businesses to expand seamlessly into new markets and meet local regulatory needs for customer onboarding.” Onfido’s Compliance Suite reportedly “introduces qualified… Read More

Credas Technologies, the ID Verification Regtech, Announces Update to Help with Adjusting to Rule Changes Announced by Trading Standards

Credas Technologies, the identity verification checks provider, has announced the launch of its material information function, helping estate agents “to get ahead of the latest rule changes announced by Trading Standards at the end of last year.” The Parts B and C of The National… Read More

Regtech Trulioo, an Identity Platform with Coverage for Business Verification, Reports Steady Growth of Operations

Trulioo, an identity platform with proven global coverage for person and business verification, announced a “significant” increase in the adoption of its platform in the past year. The company, which opened a new international headquarters in Vancouver this year, also earned industry recognition “following the… Read More

Barcelona’s Investment Platform InbestMe Partners with Regtech Onfido

Onfido’s technology automates identity verification, “reducing onboarding time from days to minutes.” Onfido, the global enabler of automated identity verification, announced a partnership with InbestMe, a digital investment platform offering personalised investment strategies, to automate their onboarding process. With Onfido’s AI technology, InbestMe can now… Read More

3.0 Verse Adopts AU10TIX Identity Verification Solution

AU10TIX, a global technology provider of identity verification and management solutions, this week announced that its fully automated identity verification (IDV) solution has been chosen to accelerate the customer onboarding process for multi-exchange crypto trading ecosystem 3.0 Verse. The marketplace’s original identity verification process could… Read More

Regtech Socure, the Provider of AI for Digital Identity Verification, Announces Key Update

Socure, the provider of Artificial Intelligence for digital identity verification, sanction screening and fraud prevention, announced its Socure ID+ platform has achieved the “In Process” designation from the Federal Risk and Authorization Management Program (FedRAMP) and is now “listed on the FedRAMP Marketplace.” Socure’s ID+… Read More

Regtech Onfido Introduces Fraud Lab Capable of Creating Synthetic Attacks at Scale as Deepfakes Increase 31X

Onfido, the global automated identity verification provider, today announced the findings of its 2024 Identity Fraud Report and unveiled its Fraud Lab. The report points to the increasing availability of simple-to-use AI tools “as the reason for a 31X increase in deepfakes1 and 5X increase… Read More