EU business lobby backs digital wallet plan, calls for proportionate identity rules
Europe’s leading business organization has thrown its support behind the EU’s proposed European Business Wallets (EWB), calling the initiative a…
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.
US lawmakers push national data privacy rules amid state preemption concerns
House Republicans this week introduced a pair of sweeping data privacy bills designed to create parallel national frameworks for the…
Your regulation-compliant KYC is not enough to protect customer data
By Konstantin Bulatov, Ph.D., CTO of OCR Studio KYC (Know-Your-Customer) is no longer just about convenience and conversion. In today’s…
Sri Lanka launching digital ID sandbox, experience center
Sri Lanka’s government is developing a digital ID sandbox and experience center to help government agencies and solution providers with…
Entrust upgrades IDV as Australia expands AML/CTF rules to new sectors
Australia is expanding its Anti‑Money Laundering and Counter‑Terrorism Financing (AML/CTF) framework, with the most significant changes in nearly two decades. The…
Study finds AI fraud losses decline, but the risks are growing
While identity fraud losses have stabilized and scam losses have declined, new account fraud has surged, fueled in part by…
Fime launches agentic commerce trust layer service
Businesses are racing to establish a way to trust AI agents with financial transactions. Fime has introduced a framework it…
Mitek, Synectics partner on IDV, fraud intelligence integration for insurers
Mitek and Synectics Solutions have formed a new partnership to help UK insurers identify fraud earlier in digital insurance applications…
KYC bypass tools sold on Telegram to defeat biometric checks
Illegal hacking services designed to bypass Know Your Customer (KYC) facial biometric scans are being sold on Telegram channels to…
Nearly 40% of Gen Z report fraud losses as scams shift online: TransUnion
Gen Z is increasingly being targeted by online scammers: Nearly 40 percent of Gen Z consumers reported losing money to…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection