Selfie biometrics adopted by fintechs amid 70% fraud rate spike at financial institutions
Overall fraud incidents are up 20 percent, according to findings from the Identity Fraud Report 2024 from ID verification platform…
Veriff
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Veriff, authID announce biometric identity verification platform updates
Two identity verification platform providers utilizing selfie biometrics have announced updates. Veriff announced updates to its fully automated ID verification…
New reusable ID and risk assessment tools give companies more power to fight fraud
San Francisco digital ID startup Persona is adding a passkey product to its suite of verification tools, allowing users to…
Jumio ID verification on Airbnb goes global as Regula, Yoti, Veriff unveil integrations
Identity verification for Airbnb users is being expanded to all rental customers and hosts with technology from Jumio to further…
Once wide open, internet being fenced with age checks
Moved by a moral context, politically conservative U.S. states are lining up to pass age-verification laws designed to keep children…
Veriff introduces biometric age estimation platform
Veriff has launched a new product designed to improve age verification processes. Called Age Estimation, the platform aims to protect…
Biometrics providers extend reach as AML market forecast to reach $3.5B in 4 years
Growth in the global anti-money laundering (AML) software solution market will be “vibrant” through 2027, according to market analysis firm…
AML and KYC compliance grows beyond banking
It has been a busy April for companies focusing on Anti-Money Laundering (AML) and Know Your Customer (KYC) products, with…
Global push to strengthen ID verification with selfie biometrics gains momentum
Selfie biometrics are being mandated for financial institutions in another jurisdiction, while SmartSearch has announced a new version of its…
Elyctis hires and launches subsidiary to serve Africa’s growing ID market
There are new names coming onboard for these companies in the biometrics and digital ID space, with Socure and Veriff…
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