A big-box retail version of synthetic ID has shaken some
A newer U.S. tech culture publication claims it has tested an AI site that generates convincing photos of fake IDs…
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.
Jumio streamlines identity verification for Kaizen Gaming
Biometric identity verification provider Jumio has announced it has partnered with Greek gametech company Kaizen Gaming to streamline the bank…
Tax accounts not linked to Aadhaar biometrics attract huge fines in India
India’s Minister of State for Finance, Pankaj Chaudhary, has told parliament more than Rs 600 crore (about US$72 million) was…
Socure digital ID platform approved by State of Texas
Identity verification provider Socure has announced that the state of Texas and Exeter Finance will use the Socure ID+ platform…
Relai selects Inverid, fintechs beef up KYC processes as deepfake threats loom
New research from Gartner predicts that 30 percent of entities will no longer consider biometric verification alone to be reliable…
Moscow, Dubai ramp up biometric payments in public transportation
A new touchless biometric fare payment service is set to be trialed by the Moscow Metro with new equipment for…
2023 was marred with data leaks: 2024 might be even worse
Data leaks and identity theft have seen a record rise throughout 2023. The same trend may continue this year with…
Juniper sees major growth for the biometric POS terminal market
Biometric POS terminals will handle 46 billion retail transactions globally by 2028, more than doubling transactions registered last year, according…
Biometrics needed to protect Africa’s digital economy ambitions from growing fraud
The spiralling trend of identity-related fraud in Africa, perpetrated mostly through national ID documents, portends great dangers for Africa’s lofty…
Onfido launches Compliance Suite, Fraud Lab podcast and video series
Automated identity verification provider Onfido announced the launch of its Compliance Suite along with its Inside the Fraud Lab podcast…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection