World Economic Forum predicts $2 trillion digital economy for ASEAN by 2030
The World Economic Forum (WEF) says data standards, ethical AI and diaspora are the keys to the future digital economy…
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.
Advance.AI improves KYB services for credit bureau services
Advance.AI has announced improvements to its KYB services for corporate due diligence processes in Southeast Asian countries such as Singapore…
Russian govt working to popularize biometrics in domestic market
The Russian government is making significant efforts to popularize biometric technologies in the country, despite a low trust level to…
RBI mandates dynamically generated authentication for digital payments
To support advancements in authentication technology, the Reserve Bank of India (RBI) has mandated the implementation of an additional factor…
APAC institutions scramble to block fraud with biometric ID verification
Identity verification is posing headaches for many people and institutions carrying out financial transactions in Asia. The ID checks intended…
IDology helps enterprises fight digital identity fraud with cross-industry data
To address digital identity fraudulent activities, GBG company IDology has launched GBG Trust, a “real-time” cross-industry monitoring platform. The company…
Digital commerce and e-signature agreement a boon for itsme, Nitro, Videosign
Digital signature providers Nitro Software and Videosign, along with digital ID platform itsme, are poised to benefit from the new…
India reports 1.38B Aadhaar numbers generated
India’s minister of state for electronic and information technology, Shri Jitin Prasada, says that to date, 1.38 billion Aadhaar numbers…
Trust Stamp leveraging IP portfolio to expand implementation scope
Atlanta, Georgia-based Trust Stamp has revealed new deals with clients in the automotive industry and fintech for digital identity verification…
Raonsecure up to 5M biometric authentication subscribers in Japan
South Korea-based Raonsecure has surpassed 5 million monthly active users for its biometric authentication subscription service in Japan, as it…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection