FB pixel

Banks, biometrics firms join Open Identity Exchange

Categories Biometrics News  |  Trade Notes
 

The Open Identity Exchange (OIX) announced that Barclays, ForgeRock and Timpson have joined the organization as board members while Escher Group, E-sign, Etive/Digital Log Book, KYCme, Morpho (SAFRAN) and Tricerion Limited have joined as general members.

The companies bring significant leadership and expertise to OIX, a neutral, non-profit trade organization that aims to “share domain expertise, joint research, and pilot projects to test real world use cases to drive the expansion of existing online services and the adoption of new online solutions.”

“OIX and its members are transforming how digital identity systems are secured and used for online services across multiple business sectors,” said OIX chairman Don Thibeau. “OIX member companies bring together practical expertise and substantive market insights in order to collaborate on research and implement innovative pilot projects that form the foundation of a trusted Internet ecosystem.”

The organization is comprised of diverse members, with each company being a leader in their respective industry sectors.

Since forming in 2011, OIX continues to see growing worldwide support for the development and registration of trust frameworks, including pre-negotiated sets of business, legal, and technical contracts that reinforce a level of mutual trust in online transactions.

OIX members work toward extending the functionality of the identity trust layer of online transactions across various critical corporate, governmental and consumer channels.

The new OIX members join OIX’s growing membership, which includes Adobe, CA Technologies, Equifax, Experian, Google, KPMG, LexisNexis, Microsoft, PayPal, Ping Identity, Salesforce, SecureKey, Symantec, T-Mobile, UK Cabinet Office, and Verizon, among others.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Canada regulator backs privacy-preserving age assurance

The Office of the Privacy Commissioner of Canada (OPC) has published a policy note and guidance documents pertaining to age…

 

FCC seeks comment on KYC revision for commercial phone calls

The U.S. Federal Communications Commission (FCC) has proposed stronger KYC requirements for voice service providers to prevent scams and illegal…

 

Deepfake detection upgrade for Sumsub highlights continuous self-improvement

Sumsub has launched an upgrade to its deepfake detection product with instant online self-learning updates to address rapidly evolving fraud…

 

Metalenz debuts under-display camera for payment-grade face authentication

Unlocking a smartphone with your face used to require a camera placed in a notch or a punch hole in…

 

UK regulators pan patchwork policy for law enforcement facial recognition

The UK’s two Biometrics Commissioners shared cautionary observations about the use of facial recognition in law enforcement over the weekend…

 

IDV spending to hit $29B by 2030 as DPI projects scale: Juniper Research

Spending on digital identity verification (IDV) technology is projected to reach a 55 percent growth rate between now and 2030,…

Comments

5 Replies to “Banks, biometrics firms join Open Identity Exchange”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events