Mizuho Bank to launch trial of facial biometrics-backed digital ID service for online banking
Mizuho Bank is launching a proof-of-concept trial of its digital ID service, which leverages facial biometrics and device location information…
KYC
Biometric Update regularly authors news related to the term "KYC." The following set of links is available to help you find biometrics news related to "KYC" and other relevant terms. Additional topics may be perused by reviewing our comprehensive Biometrics Topics list.
Digital banking popularity in U.S. grows amid pandemic, but digital ID is a barrier
Digital banking has surged in popularity during the pandemic, especially as some users of digital banks reportedly have been among…
Experian exec on recognition gap, enterprise IAM progress and the biometrics layer
Physical biometrics are the most secure form of identity verification, 81 percent of consumers around the world say according to…
Biometrics and digital ID in Africa this week: Data protection trailblazers and new offerings
Biometrics news from Africa is already revealing a shift from reports of the COVID-19 virus leading to shutdowns of biometric…
Indian telecoms ask government to approve remote SIM registration with facial biometrics
With the COVID-19 outbreak making in-person visits to telecom branches for biometric SIM registration impossible, mobile service providers in India…
Four models for digitally onboarding bank customers with varying roles for biometrics
An analysis piece in the trade publication Regulation Asia looks at all of the so-called “know your customer” policies in…
FATF encourages digital onboarding, UK regulator allows selfies as proof of ID to keep funds moving
The Financial Action Task Force (FATF) is encouraging government to work with financial institutions and other businesses to take advantage…
Onfido and GetID to provide fast biometric identity verification for online financial trading
Internet trading company Admiral Markets has announced a partnership with Onfido and Estonian omnichannel identity verification provider GetID to streamline…
Signicat acquires Connectis to grow share of European digital identity market
Signicat has acquired digital identity company Connectis to boost its efforts to grow its share in the identity verification market,…
Fully-Verified successfully raises financing round for its biometric identity solutions
Fully-Verified, a Tallinn, Estonia-based company that provides biometric identity verification, said it raised “capital to further grow [its] business and…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection