Live biometrics checks ‘the only way’ to prevent identity scams in finance
In a recent podcast from PaymentsJournal, Micheal Sheehy, chief compliance officer at payments firm Payoneer, pointed to large-scale recent fraud…
AML
Biometric Update regularly publishes news about the topic "AML." The following list of links is available to help you find biometrics news regarding "AML" and other relevant terms. Additional topics may be explored by accessing our comprehensive Biometrics Topics list.
Onfido adds ETSI identity proofing certification to support customer expansion
UK-based biometric identity verification provider Onfido says it has achieved the latest European standard for identity proofing and trust services,…
Shufti Pro, Innovatrics, and Fourthline ink KYC deals as consumer interest in AML spikes
Selfie biometrics and liveness detection vendors are extending their reach amid an upswing in consumer concern about money laundering and…
Teen-focussed fintech signs with Yoti to enhance security, verify age
Modak, a fintech company that provides financial services and education to teenagers, recently partnered with Yoti, a digital identity company,…
ValidEntry pushes free biometric verification in wake of landmark EU crypto regulation
ValidEntry is now pushing a biometrics-based identity verification tool for crypto transfers, in the wake of EU legislators tightening up…
Biometrics providers extend reach as AML market forecast to reach $3.5B in 4 years
Growth in the global anti-money laundering (AML) software solution market will be “vibrant” through 2027, according to market analysis firm…
Verified acquires Pliance to compliment digital signatures with AML automation
Swedish Software-as-a-Service (SaaS) company Verified, has acquired Swedish regtech start-up Pliance, an AML automation platform for an undisclosed amount. Verified,…
India okays 22 financial entities to perform Aadhaar biometric authentication
Twenty-two financial institutions have been granted the right to perform authentication using the Aadhaar biometric ID, in line with stipulations…
Seed round for fintech ID startup raises $4.5M
A fresh investment of €4 million (US$4.5 million) in Bits Technology could increase the Swedish firm’s penetration into identity and…
Currency exchange kiosks with ITL face biometrics deployed across Europe
Currency exchange kiosks using facial recognition software developed by Innovative Technology Ltd. (ITL) to comply with daily transaction limits have…
Biometric Market Analysis and Buyer's Guides
- Injection Attack Detection
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection