Thales acquires Gemalto to create digital security giant

Thales will acquire Gemalto and merge the two companies to form a global business unit among the top three players in the digital security market with €3.5 billion in revenues, the companies announced. The offer price of €51 per share or roughly €4.77 billion ($5.64 billion) from Thales represents a 57 percent premium over Gemalto’s December 8 closing price, and the all-cash offer was approved unanimously by both boards of directors. “The acquisition of Gemalto marks a key milestone in

Secure Identity Alliance welcomes ID4Africa as advisory observer

ID4Africa has joined the Secure Identity Alliance as an Advisory Observer. ID4Africa will support the Secure Identity Alliance’s work advocating for trusted digital identities for all in Africa and will provide valuable knowledge-sharing and insights on launching successful and sustainable identity programs across the continent. ID4Africa Executive Chairman Dr Joseph J. Atick will represent ID4Africa. Dr. Atick brings more than 25 years experience with many of the world’s leading identity programs and is an active partner of many international organizations

Secure Identity Alliance adopts code of conduct

The Secure Identity Alliance has adopted a code of conduct that Alliance’s members will voluntarily commit to. Developed in consultation with members, the code enshrines the commitment of Secure Identity Alliance’s members to transact, engage and operate in a manner that conforms to highest standards of ethics and excellence in the design and implementation of digital ID systems. “As a multi-stakeholder association, the Secure Identity Alliance represents members that demonstrate the highest degree of professionalism, expertise and ethical standards in

Japan regulator aims to deliver new digital ID powered by blockchain

The Financial Services Agency (FSA) of Japan, one of the country’s main regulators, is working on an initiative aimed at delivering a new digital ID powered by blockchain technology that will make banking more efficient for Japanese consumers, according to a report by Secure ID. Based on early reports and interest in the technology, the effort could lead to improved government services for Japanese citizens. The FSA is partnering with Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui and Mizuho on a

WISeKey blockchain platform allows countries to launch their own cryptocurrencies

WISeKey has introduced World Internet Secure Coin (WISeCoin), a blockchain platform that allows countries to launch their own cryptocurrencies in an environment that provides interoperability in a similar manner as analogue currencies. Using WISeCoin, cities and countries around the world can develop their own cryptocurrency. The platform’s advanced design and cryptographic security system is projected to disrupt legacy systems for transacting value and revamp global economic infrastructures. WISeCoin uses the latest blockchain technology and works as part of payment system

ID4Africa – The 4th annual meeting of the ID4Africa movement

ID4Africa – The 4th Annual Meeting of the ID4Africa Movement April 24 – 26, 2018 The Abuja International Convention Centre, Abuja, Nigeria Following 3 highly successful meetings held in Tanzania, Rwanda and Namibia, The ID4Africa Movement returns in 2018 to present another exciting event that promises to be impactful and marked by strong thought leadership presence. ID4Africa 2018 will be hosted in Abuja, Nigeria by the National Identity Management Commission (NIMC) on 24-26 April 2018. The theme of the conference

GET Group North America releases digital identity mobile platform

GET Group North America has released GET mID, a digital identity platform which provides high assurance identity on a user’s mobile device as a convenient, secure and instant alternative to traditional physical identification documents. Using data encryption algorithms and communication security measures, the platform is designed to combat fraud and reduce identity theft. GET mID allows organizations across a range of sectors – including education, enterprise, retail and finance – as well as public institutions to issue high-assurance digital identification.

Socure to release new version of its beyond-human predictive analytics platform

Socure will soon release version 3.0 of its beyond-human predictive analytics platform, codenamed Sapphire, which features a modular design and includes a single API to accommodate digital to physical identity verification. The company has partnered with global ID authentication solutions developer AU10TIX to help in document processing. Available October 1, Sapphire features an ID-plus solution that includes several modular offerings via a single API to validate consumer’s PII (email, phone, address, date of birth, SSN, passport, driver license), correlate the

Study finds many Saudi banks considering biometric solutions

Gemalto has published the results of a recent study in which it found that 69 percent of Saudi Arabian respondents said that it is easier to use eBanking solutions than having to physically visit a branch, according to a report by Saudi Gazette. The study arrives as several banks in the Kingdom are adopting digital banking solutions as a core strategy to cater to constantly evolving consumer behaviors. After receiving the support of the government through its National Plan for

MorphoTrust study finds most Americans are ready for mobile biometric driver’s licenses

Radius Global Market Research and MorphoTrust USA have released a new research study which reveals that the majority of the U.S. public is ready for the traditional plastic driver’s license to go mobile. The survey polled nearly 4,000 consumers with a smartphone and have a valid driver’s license or state identification card, ranging in age, gender, region and income across the U.S. The study showed the public’s increased and widespread acceptance for using biometrics, including fingerprints and facial recognition, as