Friction still plagues remote onboarding, financials turn to biometrics providers to help
Onboarding abandonment rates jumped by 23 percent from 2019 to the height of pandemic lockdowns this year, leading to nearly…
KYC
Biometric Update regularly releases posts related to the term "KYC." The following set of links is available to assist you with finding biometrics news regarding "KYC" and other relevant terms. Additional topics may be perused by reviewing our comprehensive Biometrics Topics list.
Smartphone biometrics increasingly trusted as banks stand up remote authentication and onboarding
New research published by Entersekt suggests smartphone biometrics are the easy way forward for financial institutions adjusting to new payments…
Thales launches remote biometric identity verification suite with passive liveness
Thales has launched a new Gemalto Identity Verification Suite (IDV) to provide biometrics and document authenticity verification for secure remote customer…
Most US banks need biometrics to stand up mobile onboarding, iProov report finds
Even with the surge in selfie biometrics and ID document checks for remote onboarding, nearly two-thirds of U.S. banks do…
Biometrics and document verification solutions make fraud gains as fake ID problem persists
The threat of identity fraud is forcing companies to consider the ID document authentication capabilities of their fraud prevention solutions,…
Biometric digital onboarding technology now ready for all challenges, Innovatrics says
When Innovatrics turned its multimodal biometrics expertise to digital onboarding, the idea was still novel. The possibility of a seamless,…
Acuant biometrics and document authentication solution prioritized for FedRAMP JAB approval
Acuant’s biometrics and identity management software have been prioritized for authorization by the U.S. Federal Risk and Authorization Management Program…
Jumio announces biometric video customer verification solution for remote KYC
Jumio has released a new video verification solution with face biometrics for customer onboarding by businesses in regulated industries. Dubbed…
Signzy raises $5.4M to expand biometric video KYC platform capabilities, global reach
Signzy has raised $5.4 million in a funding round led by Arkam Ventures and Mastercard to help scale its biometric video…
Face biometrics a big winner as everything from driver’s licenses to KYC goes mobile, remote
Digital identity credentials like mobile driver’s licenses and facial recognition made up many of the most-read biometrics news stories of…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
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- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection