Tagged: identity verification

January 11, 2022 @ 10:47 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

November 23, 2021 @ 5:23 pm By Tony Zerucha  |  

Decentralized identity and data solutions provider Ontology is partnering with bloXmove, a business-to-business mobility blockchain platform. bloXmove aims to simplify travel across transportation by connecting mobility apps and reducing the need for users to switch between them. bloXmove will integrate Ontology’s decentralized digital identity protocol… Read More

November 20, 2021 @ 2:33 pm By Omar Faridi  |  

GB Group plc (AIM:GBG), which claims to be an expert in digital location, identity and identity fraud software, has announced that it reached an agreement to acquire Acuant, an identity verification and KYC/AML compliance provider, for a cash-free, “debt-free” enterprise value of $736 million. The… Read More

November 18, 2021 @ 3:00 am By Tony Zerucha  |  

Over the past two years, a solid e-commerce strategy has proven to be a must for every business, but such a strategy has to be carefully implemented in order to maximize revenue while also minimizing fraud, Forter’s general manager for EMEA Aaron Begner said. Founded… Read More

November 16, 2021 @ 8:24 am By Omar Faridi  |  

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

November 10, 2021 @ 7:46 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has confirmed its oversubscribed $450M round at a $4.5B valuation from various growth equity and public market investors. Socure achieved a $4.5B valuation only seven months after its $1.3B Series D investment round, on the… Read More

October 7, 2021 @ 9:47 am By Omar Faridi  |  

Veriff is focused on continuing its global expansion with a new Barcelona-based tech hub. The Veriff team writes in a blog post they’re coming to Barcelona and that their new hub will open soon, and they’re currently looking for talent in the Catalan city. As… Read More

September 29, 2021 @ 10:59 pm By Omar Faridi  |  

Veriff, an international ID verification provider, is teaming up with SimpliFi, a Cards as a Service (CaaS) platform for the MENA region and Pakistan, in order to protect SimpliFi clients from identity fraud within their “instant” card issuance programs. Through their partnership, Veriff will be… Read More

September 18, 2021 @ 3:46 pm By Omar Faridi  |  

Socure, an established provider of digital identity verification and fraud solutions, has introduced the industry’s “first” predictive document and ID verification solution with native fraud risk signals and intelligence. Socure’s Predictive Document Verification aims to go beyond just authenticating a government-issued ID and matching a… Read More

September 12, 2021 @ 5:18 pm By Omar Faridi  |  

French government agency Agence Nationale des Titres Sécurisés (ANTS) will be teaming up with IDEMIA, a provider of identity-focused security solutions. ANTS and IDEMIA will be supporting the national digital identity program, called France Identité Numérique. With their consent, France residents accessing the service can… Read More

September 8, 2021 @ 2:35 pm By Omar Faridi  |  

Trulioo, a global identity verification solution provider, reveals that it has teamed up with Zolve, an innovative neo-banking platform. Through one of the largest marketplaces of identity data and services, Trulioo GlobalGateway provides real-time identity checks that “adhere to a diverse range of compliance requirements,… Read More

September 3, 2021 @ 6:20 pm By Omar Faridi  |  

Veratad Technologies, an international provider of identity verification services, has fully integrated with Kernel Edge Technologies Ltd, (also known as Bank Kernel). Together, they plan to assist Fintech customers with getting to market in a fast and efficient manner. With the Bank Kernel Fintech Development… Read More

August 26, 2021 @ 9:19 pm By Tony Zerucha  |  

KYC-AML regulatory technology provider Netki is partnering with blockchain technology provider Polymath to bring blockchain-specific identity verification to Polymesh, a permissioned blockchain purpose-built by Polymath for security tokens. The collaboration will help protect against fraudulent account creation while ensuring the onboarding process to the chain… Read More

August 18, 2021 @ 6:00 pm By Omar Faridi  |  

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

August 6, 2021 @ 5:24 pm By Omar Faridi  |  

Trulioo, a global identity verification firm, reveals that it has teamed up with three wealth management companies in order to assist them with meeting compliance requirements and will be helping them with verifying their clients. As mentioned in a release shared with CI: “Through the… Read More

August 3, 2021 @ 10:15 pm By Tony Zerucha  |  

Digital identity verification services provider Socure has introduced three technologies as it further expands its KYC solution. Joining the mix are hyper-accurate address normalization, date of birth matching, and algorithmic name matching capabilities. They also launched a Social Security number (SSN) pre-fill capability and is now a… Read More

July 24, 2021 @ 2:04 pm By Omar Faridi  |  

AuthenticID recently announced a $100 million minority growth investment that has been led by Long Ridge Investment The investment will be directed towards supporting AuthenticID’s ongoing innovation in automated identity proofing as well as the firm’s market expansion efforts. AuthenticID, an established provider of Identity… Read More

July 21, 2021 @ 7:25 pm By Omar Faridi  |  

Jumio, an established provider of AI-enhanced end-to-end identity verification and eKYC services, reveals that its sales and revenue increased more than 150% during Q2 2021 when compared to Q2 2020. The growth has reportedly been fueled by “an ongoing need for modern enterprises to know… Read More

July 14, 2021 @ 7:58 pm By Tony Zerucha  |  

Banks still have a long way to go in the quest to automate identity verification, research from biometric authentication services provider iProov shows. Research conducted with 20 or the largest retail US banks revealed overly complicated online onboarding processes which failed to capitalize on opportunities… Read More

July 13, 2021 @ 3:03 pm By Tony Zerucha  |  

Digital asset marketplace Binance.US is adding mobile phone-based technology to its user verification and onboarding processes. The multi-year agreement is with Prove a company offering technology that proves identity with a phone number. Through its trademarked process Phone-Centric Identity Prove analyzes mobile, telecom, and other… Read More