BNPL fraud: Avoiding buy now, pay never
By Gergo Varga, Product Evangelist at SEON Mention of a BNPL model – Buy Now, Pay Later – within the…
KYC
Biometric Update regularly authors news related to the term "KYC." The following set of links is available to assist you with finding biometrics news about "KYC" and other relevant terms. Additional tags may be explored by reviewing our entire Biometrics Topics list.
Ondato launches virtual branch service with face biometrics for KYC
Know-your-customer (KYC) compliance management provider Ondato has launched a virtual branch service solution that enables banks to provide customers with…
Digital identity verification spending to pass $20B by 2027, but security challenges remain
Businesses around the world are spending $11.6 billion on digital identity verification this year, and that amount will nearly double…
Sumsub promotes expansion of digital ID services with US office, popular YouTube account
London-based identity verification platform and regtech specialist Sumsub has opened its first U.S. office in Miami, Florida. The company made…
Ondato partners for modular, biometric compliance solutions with transaction monitoring
Anti-money laundering transaction monitoring provider Hawk AI entered a new partnership with know-your-customer (KYC) compliance management platform Ondato. The new…
Chekk pulls in another investor to expand ID verification, KYC reach
Chekk says Standard Chartered Bank has added to the digital identity and KYC firm’s apparently still-open multimillion-dollar financing round, which…
Philippines toolkit will allow digitization, ID verification across local, national govt
UBX, an open finance subsidiary of Union Bank of the Philippines (UnionBank), has launched UrGovPH, a suite of open finance…
Africa needs biometric de-duplication, Smile Identity argues
Nobody loves an enticing promotional customer campaign more than an accomplished identity fraudster. That is as true in Africa as…
OCR Labs appoints leader to expand biometric onboarding into gaming industry
Fiona Davies has been appointed OCR Labs Global’s new head of Gaming to drive the expansion of the company’s identity…
Three pairs of KYC vendors partner to secure accounts with selfie biometrics
Maybe figuring there are safety and profits in numbers, six KYC companies are pairing up for strategic benefits, with selfie…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection