EU banks struggle with KYC and AML budgets, but biometrics help applications worldwide
European banks are dedicating the majority of their AML (anti-money laundering) and KYC (know your customer) budgets to manual processes…
document verification
Biometric Update regularly writes news related to the term "document verification." The following set of links is available to help you find biometrics news regarding "document verification" and other relevant terms. Additional topics may be explored by accessing our entire Biometrics Topics list.
Combining biometrics with NFC for maximal trust
A better way to carry out identity verification is becoming available for a growing number of people as passports embedded…
Yoti to provide age verification for THG Ingenuity customers
Digital ID solution provider Yoti has entered a partnership with direct-to-consumer (DTC) partner firm THG Ingenuity. As part of the…
Explainer: What is OCR, and how does it work?
Optical character recognition is the process of converting an image of text into a machine-readable text format. The technology was…
Watch: Watch: Biometrics at the edge
Edge computing is one of the major trends in infrastructure for IT systems, including those that use artificial intelligence. But…
Expanding its digital ID turf, Apple gets patent putting its devices at center of transactions
Apple has been awarded a United States patent related to digital ID authentication using mobile devices. The new patent (11494574…
Smart Engines updates ID document scanner, adds speed and character recognition accuracy
Software developer Smart Engines has announced an upgrade to its optical character recognition and data extraction application, AnyDoc. The software…
Inverid launched to extend ReadID NFC ID document scanning with face biometrics
The success of ReadID has prompted InnoValor to launch a new company to expand its digital identity verification capabilities, including…
Kycaid
Kycaid offers a compliance management system that covers all needs of businesses dictated by the regulators and international compliance standards…
FIDO debuts document authenticity certification for mobile and remote ID verification
The FIDO Alliance has introduced a new certification program to address the rising need for more robust and straightforward online…
Biometric Market Analysis and Buyer's Guides
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- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection