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IDnow
IDnow is one of the leading providers for video identification and eSigning in Europe. Its solutions guarantee legal security throughout Europe and the highest level of data security. In the area of video identification of customers and electronic signatures they were the first to provide the market with a legally secure solution without additional hardware. In May 2016 the IDnow video identification process was patented by the EU.
IDnow Biometrics News
IDnow and Wise AI raise funds for biometric video KYC expansions
IDnow will gain €15 million (US$18.1 million) in growth funding from The European Investment Bank (EIB), which will be used to…
| Nov 27, 2020 | Digital ID fraud rates and biometrics use increase substantially during pandemic: IDnow reportA substantial surge in online fraud attempts has been noticed since the beginning of the pandemic, according to a new… |
| Nov 25, 2020 | Central European ID document and selfie biometric check providers address growing demandThe number of biometric solutions and initiatives announced by companies and governments keeps on increasing, with a particular push towards… |
| Nov 20, 2020 | iProov biometrics and Socure digital identity business growth recognized by DeloitteiProov has cracked the top five on Deloitte’s 2020 UK Technology Fast 50 list with a 6,351 percent growth rate in… |
| Nov 12, 2020 | Biometrics to lead identity verification market growth to $15.8B by 2025The identity verification market is forecast to more than double from $7.6 billion in 2020 to $15.8 billion in 2025,… |
| Nov 10, 2020 | Trust Stamp and IDnow partnerships to provide biometrics for financial servicesTrust Stamp has partnered with open banking solutions provider DirectID to launch a robust bank and document authentication solution secured by… |
| Oct 13, 2020 | Mastercard rolls out Signzy’s biometric video KYC amid booming ID doc and selfie check marketID document and facial biometric checks for online services and transactions are part of a surge in the adoption of… |
| Sep 22, 2020 | KYC with selfie video biometrics may be coming for Indian microlendersSelfie biometrics, in photo or video form, to meet know your customer and other regulatory requirements continue to expand in… |
| Sep 8, 2020 | Banks grapple with digital ID and remote onboarding in Canada, Germany and NigeriaUp to $100 billion in value could be created in Canada by 2030 through lowering the friction that accompanies government… |
| Sep 7, 2020 | Precise Biometrics and LumenVox recruiting, Alcatraz, IDnow and Touch Biometrix announce appointmentsGrowth in the biometrics industry is prompting new appointments and recruiting campaigns. Alcatraz, IDnow and Touch Biometrix have announced new… |
| Sep 1, 2020 | IDnow buys Wirecard Communication Services to grow biometric identity verification businessIDnow has purchased Leipzig-based Wirecard Communication Services to address the high demand increase for its biometric digital verification procedures, boost service… |
| Aug 17, 2020 | IDnow orders up 350 percent, selfie biometric and ID document check solutions launched by Sumsub and SocureImpressive growth numbers announced by IDnow indicate why Sumsub and Socure are launching new technologies for remote biometric identity verification,… |
| Jun 16, 2020 | Pangea and IDnow pitch biometric immunity credentials, Nomidio CEO calls for trusted identity guardianPangea has launched an end-to-end platform for issuing biometric smartcard-based COVID-19 immunity or travel credentials in an effort to support the… |
| Jun 12, 2020 | iProov and HooYu announce new partners, IDnow expands UK presence, Socure launches KYC solutioniProov has partnered with regtech specialist NorthRow to bring its biometric facial authentication for onboarding and transactions to the property, professional… |
| Jun 5, 2020 | IDnow publishes KYC, digital identity resources as Onfido biometrics secure cryptoexchangeIDnow has published KYC Insider, a free knowledge-base of regulatory information and updates regarding Know-Your-Customer and digital identities in Europe, under… |
| May 14, 2020 | Signicat delivers onboarding for German digital identity card, IDnow joins EU standards taskforceSignicat’s digital identity verification and authentication technology has been certified to be integrated with nPA, Germany’s new national digital identity… |
| Apr 30, 2020 | UK immunity passport proposals leverage biometric facial recognitionThe UK has published the initial round of proposals from biometrics and digital ID providers for its planned “immunity passport”… |
| Apr 16, 2020 | IDnow reports 26.8 percent spike in digital verification following coronavirus outbreakIDnow has released statistics on how consumer demand and behavior have changed in Europe since restrictions have been enforced following… |
| Mar 23, 2020 | IDnow publishes electronic signature guide for digital contractsIDnow has released the “Quick Guide to Electronic Signatures” to instruct companies how to use electronic signature (eSign) products for… |
| Mar 4, 2020 | Sovrin Foundation and IDnow explore digital ID specialties as new age verification service launchedThe Sovrin Foundation says it is leading to world towards adoption of self-sovereign identity (SSI) to provide digital identities for… |
IDnow Industry Insights
Identity fraud: is a digital reshuffle needed as dangers increase?
By Lovro Persen, Director of Document Management and Fraud, IDnow The process we call online identity verification involves the storage…
