Digital identity verification market set to surpass $17B by 2026, providers partner up
The number of digital identity verification checks conducted globally on an annual basis will more than triple from 1.1 billion…
AML
Biometric Update regularly authors news about the topic "AML." The following list of links is available to assist you with finding biometrics news about "AML" and other relevant terms. Additional topics may be explored by reviewing our entire Biometrics Topics list.
Socure hits customer milestone as selfie biometrics providers disclose deals
A number of firms providing selfie biometrics for identity verification and know your customer checks have shared updates, with Socure…
Financial institutions fined nearly $11B worldwide for KYC, regulatory non-compliance
Financial institutions worldwide were fined US$10.6 billion for regulatory non-compliance including anti-money laundering (AML) and Know Your Customer (KYC) in…
Trulioo signs up 5 global remittance firms for digital ID verification
Five remittance companies have partnered with Trulioo to incorporate the firm’s GlobalGateway service for biometric know your customer (KYC) and anti-money…
Techsign secures funding to deliver biometric authentication, KYC services beyond Turkey
Techsign has secured funding from venture capital partnership Techmine which the company says makes it the highest-valuated digital ID company in…
iDenfy, Veriff, IDmission reveal selfie biometrics partnerships
A trio of identity verification and selfie biometrics providers have each announced new partnerships. iDenfy has begun a collaboration with…
New selfie biometrics customers for GetID and Trueface, solutions from Socure and Equifax
Europe’s largest airline group Ryanair has selected Checkin.com’s GetID for image recognition and face biometrics to enable passengers to complete…
Governments bringing more biometrics to bear in AML fight
A new biometrics service has been launched by Pakistan’s government, while Taiwanese regulators are updating their rules to include the…
5 key qualities of a successful AML compliance program
The U.S. and foreign nations have established AML standards to stop financial criminal activity that can hurt your business and…
5 key qualities of a successful AML compliance program
An effective AML compliance program will stand up to both regulatory scrutiny and criminal acts. If you’re responsible for creating…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection