Tagged: identity verification

March 19, 2023 @ 5:43 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions,  announced that Ayesha Prakash has joined as head of public sector partnerships. Prakash will “report to Matt Thompson, Socure’s general manager of public sector solutions.” As more government services move online, Socure’s digital identity experts… Read More

March 17, 2023 @ 10:57 am By Omar Faridi  |  

Belgium’s Minister of Telecommunication and Minister of Justice signed the ministerial decree, allowing Telenet to use Onfido’s AI-powered technology to verify customer identity securely. Onfido, the global provider of automated digital identity verification, announced a partnership expansion with BASE, a telecommunication operator and a subsidiary… Read More

March 14, 2023 @ 7:41 am By Omar Faridi  |  

Irish identity verification solution ID-Pal announced its official launch into the US market to meet the demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is “building on ID-Pal’s success in serving both SMEs and enterprises across over 30… Read More

February 19, 2023 @ 11:16 am By Omar Faridi  |  

In 2018, Plaid launched Plaid in Canada to enable account connectivity for thousands of fintechs and help increase financial access for millions of Canadians. Since then, they’ve worked with companies like Wealthsimple, Shopify, and Wave. But onboarding a new user is more than “just account… Read More

February 17, 2023 @ 10:27 am By Omar Faridi  |  

Fluid Finance, a Fintech company headquartered in Geneva, has partnered with Sumsub, a global all-in-one verification platform, “to enhance user onboarding and ensure bulletproof fraud protection.” Fluid’s aim is “to create a new financial model by combining traditional and digital finance.” Strict compliance, Know Your… Read More

January 25, 2023 @ 3:00 pm By Omar Faridi  |  

Managing compliance risks can feel intimidating, “especially because identity crime and fraud attempts jumped by 36% in 2021 relative to 2020,” according to the Identity Theft Resource Center. As global regulations and accessibility increase, so do compliance risks. To ensure secure operations and offer a… Read More

January 22, 2023 @ 4:03 pm By Omar Faridi  |  

Onfido, the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework). The certification serves use cases “where a higher confidence level in digital identity verification is required.”… Read More

January 21, 2023 @ 1:34 pm By Omar Faridi  |  

AU10TIX, which claims to be the global technology leader in identity verification and identity management automation, announced the appointment of Dan Yerushalmi as its new CEO. Yerushalmi’s record “with global technology enterprises and experience in the security, e-banking and telecommunications industries underlines AU10TIX’s intention to… Read More

December 13, 2022 @ 8:00 am By Omar Faridi  |  

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

December 11, 2022 @ 12:30 pm By Omar Faridi  |  

LexisNexis Risk Solutions released the results of its first Global State of Fraud and Identity Report, exploring research and insights from industry experts “on recent statistics and trends from [their] industry-recognized studies on the Global True Cost of Fraud and transaction data from over 39B transactions… Read More

December 5, 2022 @ 11:57 am By Omar Faridi  |  

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

November 17, 2022 @ 8:46 am By Omar Faridi  |  

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

November 10, 2022 @ 7:45 am By Omar Faridi  |  

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

October 25, 2022 @ 10:07 pm By Omar Faridi  |  

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

October 19, 2022 @ 5:04 pm By Omar Faridi  |  

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

October 9, 2022 @ 4:36 pm By Omar Faridi  |  

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

October 5, 2022 @ 11:32 pm By Omar Faridi  |  

ABN AMRO is introducing ID & pay, the app that “replaces cumbersome onboarding and payment processes with a single online identification and payment functionality within the bank’s own secure environment.” In a pilot partnership, the bank and Swapfiets are “working together to offer new and… Read More

September 28, 2022 @ 1:26 pm By Omar Faridi  |  

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

September 23, 2022 @ 10:59 am By Omar Faridi  |  

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

September 6, 2022 @ 8:22 am By Omar Faridi  |  

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