World Bank proposes conceptual model for VC-based reusable digital payment IDs
In most countries, digital ID plays only a bit part in the payments story. You show your credentials to open…
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.
Gaza reconstruction draws questions on digital wallets, biometric surveillance
U.S. conservative think tank, the Hudson Institute, has published an analysis on introducing digital wallets in Gaza, noting that careful…
UK guidance on digital ID for AML compliance answers and raises questions
Money laundering is one of the social ills digital identity can potentially help with, and new guidance from the UK’s…
Generative AI has ushered in a new era of fraud, say reports from Plaid, SEON
The overall transformational impact of the tech we have come to call AI is still up in the air. The…
$3M FanDuel fraud case shows why online gambling needs biometric IDV, liveness
Federal authorities have charged a pair of 29-year-old men from Connecticut with defrauding online gambling platforms, primarily FanDuel, of $3…
Socure expands bank account verification to more than 30 countries
Socure has announced the expansion of its Bank Account Verification capabilities to include international coverage across more than 30 countries…
Secure biometric payments will trigger Ukraine ecommerce boom: Visa report
Nine out of 10 Ukrainians wouldn’t mind frequently engaging in online trade transactions if the payment method available to them…
Mastercard, Visa launch initiatives to expand access to digital banking, drive growth
What do global payments and football have in common? Danish goalkeeping legend Peter Schmeichel can tell you. In a new…
Vouchsafe integrates Innovatrics biometrics and liveness to secure thin-file fallbacks
UK-based identity verification provider Vouchsafe has integrated biometric technology from Innovatrics, which has previously invested in the firm through its…
Veriff boosts KYC, fraud prevention capabilities with Data Zoo integration
Identity verification platform Veriff is integrating Data Zoo’s data capabilities, allowing its customers to check real-time information from authoritative global…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection