Ego vs synergy: the problems and potential for digital identity and open banking in Africa
“Can we all overcome our egos to come together behind a big bowl of pepper soup and agree that we…
KYC
Biometric Update regularly releases posts regarding the term "KYC." The following set of links is available to assist you with finding biometrics news regarding "KYC" and other relevant terms. Additional tags may be explored by reviewing our comprehensive Biometrics Topics list.
Researchers working on blockchain-based digital ID system to improve India’s financial landscape
Considered as Aadhaar 2.0 in some way, 14 Indian researchers are developing a new blockchain and machine learning-based digital ID…
Sumsub launches proof of address document recognition, plans $80M-$100M Series B
Sumsub adds proof of address (PoA) document subtype recognition to grant its fintech clients a more accurate picture of the…
Signicat expands anti-fraud and onboarding portfolio with Sphonic acquisition
Signicat has acquired anti-fraud and onboarding company Sphonic for an undisclosed sum in a move to grow its line-up of…
Financial crime in a digital age — Why banks need a holistic approach
By Ashok Kadsur, co-founder of SignDesk Fraud, financial crime, and cybersecurity have long been problem areas for financial institutions (FIs)….
Jumio biometrics and identity proofing sales up 140 percent as growth streak extends
Jumio has continued its run of strong financial results with sales growth above 140 percent for its end-to-end identity proofing with…
Selfie biometrics providers partner to reach new geographies, sign up payments networks
IDnow and Blinking have each signed deals to bring their selfie biometrics to new geographies, and Thirdfort, Onfido, Veridas, Beyon…
Regtech to pass $204B, make up half of all regulatory compliance spend by 2026
Juniper Research forecasts spending of $68 billion on regulatory compliance in 2022 will grow more than 200 percent by 2026…
Biometrics capture with feature phones to boost Africa’s financial inclusion
The potential of biometrics captured on feature phones, the importance of regulatory sandboxes, and the need for more flexible identity…
Veriff biometric KYC widens Alloy’s AML platform capabilities
Veriff will offer its biometric identity verification on the platform of know-your-customer (KYC) and anti-money laundering (AML) provider Alloy, enhancing…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection