Australia’s digital identity providers could help improve cybersecurity
Australian businesses must now submit cyber security risk reports to government agencies once a year to increase cybersecurity following recent…
Financial Services
Biometrics are used in financial services to aid in the flow of money from account opening through payments and transfers. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as onboarding and regulatory checks, and mobile wallet applications.
UK digital identity moves department, financier demands ‘economic digital ID’
Oversight of the UK government’s digital identity projects have moved home, but so too has the boss. The newly-formed department,…
Sumsub, iDenfy, Identomat and Plaid each move to ease compliance checks for businesses
A ‘Complete Guide to Business Verification (KYB)’ has been published by Sumsub to help B2B companies mitigate rising fraud rates…
Paycode recognized for innovation in driving financial inclusion
South African digital payments firm Paycode has been listed among four top fintechs in the Women’s World Banking Fintech Innovation…
Shufti shows ID document fraud increase, Onfido warns of tighter regulations
Growing fraud risk is no surprise to anyone around the digital identity landscape, but Shufti Pro’s findings that identity document…
Socure plans to ‘eliminate synthetic identities’ from US finance
New York-based digital ID solution provider Socure has shared plans to first remove 100,000 synthetic identities from the U.S. financial…
Jamaica adopts remote biometric verification from Orba for pensioners
Financial services conglomerate Sagicor has announced it will use face recognition technologies by Jamaica-based Orba to verify that the nation’s…
Indian police nab fraudsters who cloned fingerprints to spoof Aadhaar
Police in the Indian city of Kadapa in Andhra Pradesh State have busted a gang of fraudsters which had been…
ValidEntry joins DeFi market with biometric verification platform
Biometric ID verification startup ValidEntry has released an identity verification platform for decentralized finance (DeFi). The platform boasts face biometrics…
Iris biometrics crypto project Worldcoin reportedly looks for $120M investment
The iris biometric cryptocurrency project known as Worldcoin is looking to sign a lead investor for a $120 million round,…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection