Ubisecure partners with LATAM distributor as digital ID providers support business continuity

Ubisecure has formed a partnership with Seguridad América to bring its customer identity and access management (CIAM) offerings to Latin America.

Seguridad América will deliver digital identity services to new and existing customers, including single sign-on (SSO), multi-factor authentication (MFA), and delegated authority capabilities.

“Seguridad América is an organisation with a huge amount of experience and expertise, and knows its local market inside and out,” comments Ubisecure VP of Channel and Alliances Jonathan Clark. “Its strong customer focus makes it an ideal partner to leverage Ubisecure’s technology for both bespoke and standardised digital identity deployments, and we are delighted to be building a close relationship going forward.”

HyperVerge, Experian and SmartSearch offer help for locked-down businesses

During 2019, HyperVerge reports that nearly a third of all adults in India used its digital KYC and video KYC onboarding solutions, according to a company announcement. The BFSI and telecom verticals alone accounted for 280 million digital KYC checks with HyperVerge technology last year.

With pandemic lockdowns in place, the company says its fintech stack is ensuring business continuity for customers in a range of industries, including digital lenders and asset management companies.

Experian has updated its CrossCore integrated digital identity and fraud risk platform to help organizations meet current challenges with self-service orchestration and faster performance.

CrossCore brings together Experian’s advanced data analytics and identity insights from its partner ecosystem. The new version includes support for dynamic API request payloads, progressive risk assessments, parallel logic, and an online business intelligence module for transactional volume reports.

Aite Group research indicates that digital channel engagement with banks has increased by 250 percent during the pandemic, according to the announcement.

“Now more than ever, businesses need to lean on capabilities and technology that will allow them to rapidly respond in these challenging times, increase identity confidence in every transaction, and provide a safe and convenient experience for customers,” says E.K. Koh, Experian’s senior vice president of Global Identity & Fraud Solutions. “This new CrossCore release enables businesses to easily leverage best-in-class, pre-integrated identity and fraud services through simple self-service.”

The digital anti-money-laundering (AML) platform from SmartSearch now includes a biometric facial recognition feature to provide visual remote ID confirmation for KYC, politicly-exposed persons and global sanctions checks during pandemic lockdown conditions.

The combination of biometrics with ID document and address checks enable the full onboarding process to be carried out remotely, the company says.

“Electronic checks using credit reporting data will bring to light any discrepancies in a client’s personal history and clearly flag up where further action is required. Facial recognition is the icing on the cake, giving businesses that crucial extra reassurance that the person they are dealing with is on the level,” states SmartSearch CEO John Dobson in a press release.

“With many elements of social distancing likely to remain in place for some time to come, doing this in person, face to face, is no longer possible. Our facial recognition feature means our clients can do everything remotely – protecting their businesses from fraudsters and their staff from exposure to Covid-19.”

SecureKey and Socure celebrate

A year has passed since the launch of Verified.Me by SecureKey to provide digital identity services to a range of industries, and the company took the opportunity to review the milestones it has reached along the way.

Highlights during the year include adoption of Verified.Me by Sun Life Financial, expanding the service into insurance, integration by Notarius’ ConsignO cloud solution to reach the legal industry, a deal with Dynacare to support healthcare services, and new customers in the real estate and family practice sectors. The company also shared its experience building the app with the Task Force on Artificial Intelligence of the U.S. House of Representatives, and was included in a whitepaper by the Digital ID and Authentication Council of Canada.

Socure has been named one of the Best Workplaces for 2020 by Inc. Magazine. The list is compiled each year based on submissions and employee surveys covering a range of criteria. This year’s list was drawn from more than 3,000 submissions.

Article Topics

biometrics  |  digital identity  |  electronic-signature  |  Experian  |  facial recognition  |  HyperVerge  |  identity management  |  KYC  |  SecureKey  |  SmartSearch  |  Socure  |  Ubisecure