Sumsub says digital ID can speed up onboarding in emerging markets
The use of digital ID technologies, alongside government databases, can substantially speed up the identity verification process in emerging countries….
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.
The use of digital ID technologies, alongside government databases, can substantially speed up the identity verification process in emerging countries….
By T. R. Abdullin, T. V. Shipunov, M. N. Zakirov, R. L. Zainulin, A. A. Shnyrev, and A. A.Bunyatyan of…
A $3 million seed round is going to a biometric ID and payments firm close on the heels of a…
A letter from the Information Commissioner’s Office (ICO), the UK data protection authority, has told North Ayrshire Council (NAC) that…
It is the second month of 2023, and seemingly everyone wants in on what could be the awakening of banks…
Two separate reports have highlighted new trends regarding the adoption of novel payment authentication methods. The first one, resulting from…
Identity verification and selfie biometrics providers Ondato, Onfido and ID-Pal have announced new fintech customers. Lithuanian know-your-customer (KYC) solution provider…
Digital ID verification company Smile Identity has highlighted increasing interest among African countries in developing critical digital identity infrastructure. This…
A new global digital identity platform has been introduced by Trulioo to provide trusted user experience and regulatory compliance while…
Biometric technologies for retail payments made up a pair of the most-read articles of the week on Biometric Update, in…