The importance of two-factor authentication

This is a guest post by Yutaka Deguchi, general manager of mofiria Corporation. In recent years, the use of “two-factor authentication” has been increasing as a personal identification method. The methods of identity verification are roughly divided into the following three: 1) Use user’s knowledge: (Someting you know) 2) Use user’s possession: (Something you have) 3) Use characteristics of users themselves: (Something you are, biometrics) Multi-factor authentication is a method of identity verification using multiple elements of these three, and

Jumio acknowledged by Frost & Sullivan

Jumio has been awarded “Entrepreneurial Company of the Year” in the biometric security solution industry by Frost & Sullivan. Frost & Sullivan concluded that the digital ID verification company’s entrepreneurial spirit drives it to continuously launch advanced solutions that will transform and enrich the customer experience while reducing identity fraud faced by most businesses in the digital world. Jumio’s Netverify Trusted Identity as a Service platform is an advanced ID verification solution that combines proprietary computer vision technology with biometric

Ideco to release identity-as-a-service and national user ID mobile app

South African biometrics firm Ideco will soon introduce its new Identity-as-a-Service (IDaaS) and national user ID (nuID) mobile app ecosystem for fraud-proof trusted identity verification, which it will confirm people’s identities using a digital certificate of authenticity, according to a report by fin24tech. The mobile application is designed to give users more control over protecting their identities. “The app enables the general public to take control of identity,” said Ideco CEO Marius Coetzee. “When your identity is needed for an

Putting technology at the heart of our post-Brexit immigration system

This is a guest post by Nora Blomefield, Head of Marketing for Border Management at Gemalto. As the ongoing saga of Brexit negotiations continue, attention is turning to what the UK’s borders might look like as part of a new arrangement. With traveller numbers only likely to increase over the next few years what is clear is that the process is only going to become more complicated. In fact, Brexit could cause travel chaos. In a matter of years, Brits

Alibaba businesses testing face recognition to unlock delivery drop boxes

Chinese internet giant Alibaba Group announced that two of its units are testing facial recognition technology which will allow users to unlock delivery drop boxes, according to a report by Asia One. Cainiao Network Technology Co Ltd, an Alibaba-backed courier aggregator, is piloting a facial recognition-based application with its partner delivery firms and parcel pickup facility providers in Shanghai. Alibaba’s fintech subsidiary, Ant Financial Services Group, has installed kiosks across five locations at Shanghai’s financial district of Lujiazui, whereby cameras

India may deactivate SIM cards not linked to Aadhaar

The Indian government has made it mandatory for citizens to connect their SIM card with Aadhar card before February 2018 in order to prevent the deactivation of their phone number, according to a report by Financial Express. The move comes a week after the Unique Identification Authority of India (UIDAI) gave banks until the end of the month to open Aadhaar enrollment centers in 10 percent of branches and will fine Rs 20,000 (US$312) for every uncovered branch after September

New initiatives planned for connect:ID 2018

Science Media Partners and the International Biometrics + Identity Association (IBIA), the organizers of the identity solutions event connect:ID 2018, have revealed a range of new initiatives for the fifth annual event. The connect:ID 2018 exhibition and conference will be held from April 30 to May 2, 2018 at the Walter E. Washington Convention Center in Washington D.C. and is expected to attract more than 1,300 identity and security professionals from government and the private sector. To meet the expected

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

Mitek demonstrates facial recognition-based mobile lending solution

Mitek demonstrated its facial recognition-based mobile lending solution, Mobile Verify for Lending, Tuesday afternoon at the New York Hilton Midtown. The new, five step digital lending solution enables lenders to verify identity and bank account information in real time to facilitate quick loan decisions with a simple process for borrowers. When applying for a consumer loan from a desktop computer, the borrower must initially log into their online bank account and agree to have their account information shared with the

Vision-Box releases airport analytics application

Vision-Box has released vb dashbox, a new application designed for airport authorities to manage real-time passenger data intelligence streams and ultimately provide a holistic airport passenger travel and behavioral information data center. vb dashbox achieves this by improving airport management’s daily decision-making process, operational performance, and cost control by improving the granular detail of the information streams and providing effective tools to examine metrics and key performance indicators of all airport and passenger data. The web-based application, which integrates into