Digital company ID could save UK financial sector £1.7B: CFIT
A UK initiative to create a reusable digital identity credential for businesses could save financial institutions £1.7 billion (US$2.2 billion)…
KYB
Biometric Update regularly authors articles about the topic "KYB." The following set of links is available to help you find biometrics news about "KYB" and other relevant terms. Additional tags may be explored by accessing our complete Biometrics Topics list.
GLEIF, BIS test vLEI as trust layer for cross-border open finance
Repetitive manual checks, duplicated document submissions and lengthy onboarding: Companies, especially small and medium-sized enterprises (SMEs) face a number of…
AI-generated fraud accelerates push for cryptographic organizational identity
Governments and industries are digitizing paper-based processes, but one core problem remains unresolved: how to reliably verify digital documents at…
Hong Kong, UAE push digital business identity infrastructure
Digital identities for businesses are arriving across the world, with Hong Kong and the United Arab Emirates (UAE) seeing their…
Shanghai launches cross-border digital authentication for foreign business registration
Shanghai has launched a cross‑border digital identity system that lets foreign companies register online, starting with eligible Singaporean investors. The…
Sphinx raises $7.1m to expand AI-powered compliance agents
Identity checks were once reliant on human eyes and human discernment, but making sure people and entities are who they…
Identity must be continuous, says Prove State of Identity Report 2026
Are you still you? It’s not a philosophical question or an episode of The Twilight Zone, but a key question…
Veriff acquires Estonian KYB firm Vespia to transition from IDV to full trust platform
Veriff has acquired know your business (KYB) provider Vespia, a fellow Estonia-based company, as part of a strategy to expand…
‘One-click’ KYB startup Duna picks up investment from Alphabet growth fund
European business identity startup Duna has completed a 30 million euros (US$35.4 million) series A funding round led by Alphabet’s…
Portugal digital business wallet aims to simplify administration for companies
Portugal has become the first EU nation to introduce a version of the European Business Wallet (EWB) for companies. A…
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