India imposes new ID verification requirement for sellers of SIM cards
India government officials announced Thursday that new dealers of SIM cards are now subject to biometric ID verification. This is…
KYC
Biometric Update regularly authors news regarding the term "KYC." The following list of links is available to assist you with finding biometrics news concerning "KYC" and other relevant terms. More topics may be perused by accessing our entire Biometrics Topics list.
Indian central bank to pilot open banking platform using Aadhaar KYC
India’s central bank is planning a pilot program for a digital platform intended to extend the country’s digital public infrastructure…
Genifi
Genefi (stock info), a Canadian company formerly known as Prodigy Ventures, makes an ID verification solution for fintechs. Learn more…
Filipino MP urges crackdown on unregistered SIMs as first actionable case discovered
A Filipino lawmaker who sponsored the SIM Registration Act, Sen. Grace Poe, has called on officials to begin a clampdown…
FirstBank Nigeria launches humanoid robots amid digital customer interaction push
Humanoid robots with artificial intelligence to facilitate interactions and account openings with First Bank Nigeria customers have gone operational in…
Crypto platform Binance chooses Liquid for biometric KYC checks in Japan
Global cryptocurrency exchange platform Binance has chosen Japanese know your customer (KYC) and selfie biometrics vendor Liquid Inc amid rising…
Aware, Signzy and iDenfy strike deals to deploy face biometrics for gambling compliance
Companies providing gambling both online and in-person are embracing biometrics as a tool for complying with regulations and preventing fraud,…
ComplyCube integrates ID document liveness detection to boost fraud protection
Biometric liveness detection has been added to ComplyCube’s document authentication software platform for know your customer checks and identity verification…
Selfie biometrics and KYC checks further expand beyond banking
The full range of the identity verification market is shown in customer deals announced by Yoti, Sumsub, Shufti Pro, Incode,…
Lawmakers in Egypt and US addressing AML and KYC
U.S. and Egyptian officials are pushing for AML and KYC regulation to combat fraud and other illicit financial flows, though…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection