New Onfido and Okta Survey Finds Pressure Mounts on Businesses As Customers’ Need for Speed Leaves No Room for Compromise on Safety or Experience Onfido, the global identity verification and authentication company, today announces the results of a new global study with Okta Inc. (NASDAQ: OKTA), the leading independent identity …
Read More »Socure announces significant gains in bookings and launches identity fraud prevention system
Offers AI to improve financial inclusion in the United States Socure reported a 500% year-over-year increase in bookings, a 221% increase in new customers, and a 179% net retention rate for its selfie biometrics, verification, and identity and fraud. The company celebrated its growth by launching the new Sigma Identity …
Read More »Socure Announces Third Quarter Bookings and Customer Growth Breakthrough as it Extends Leadership in Identity Verification and Fraud Prevention
NEW YORK–(COMMERCIAL THREAD) –Safe, the leading provider of digital identity verification and fraud solutions, today announced the results of another record quarter reflecting the accelerated adoption of its industry-leading digital identity verification and fraud platform. Socure saw 500% year-over-year growth in bookings in the third quarter of 2021, achieving the …
Read More »Open Systems Technologies International Partners With Shufti Pro To Provide KYC
Canary Wharf, United Kingdom, October 24, 2021 – (PR.com) – Shufti Pro and Open Systems Technologies International (Bahamas) Limited have entered into a strategic partnership to help financial institutions mitigate the risk of financial fraud and identity while remaining in compliance with AML / KYC regulations. Global service provider AML, …
Read More »Eurostar to test biometrics at check-in in St Pancras – Business Traveler
Eurostar will test the use of biometrics for customers registering for services at its international hub in St Pancras. The high-speed rail operator first announced plans for a biometric trial last summer – the initiative was due to be launched in March this year, but trusted identity, payments and data …
Read More »SentiLink unveils new KYC product
Identity verification company SentiLink says it is expanding its services to offer a Know Your Customer (KYC) product. The San Francisco-based company said in a press release Thursday (October 21) that this product – called KYC Insights – will supplement its synthetic fraud and identity theft scores, “which are already …
Read More »Cybersecurity requests appear in DOL audits – Technology
United States: Cybersecurity requests appear in DOL audits 20 October 2021 Groom Law Group To print this article, simply register or connect to Mondaq.com. DOL investigators are asking plan sponsors, trustees and service providers how their ERISA-governed plans are increasingly responding to cybersecurity concerns. These requests can take the form …
Read More »UAE: facial recognition instead of identity card readers Emirates will now verify identity
The Federal Authority for Identity and Citizenship (ICA) has announced the launch of an improved version of the facial recognition system for the digital certification portal. Image credit: screenshot / ICA Dubai: The next time you visit a bank or government center, your face and Emirates ID will now be …
Read More »Top Trends Redefining What Blockchain Technology Can Do
Businesses and developers continue to find new and innovative uses for blockchain technology every day. Here are some of the biggest trends rocking the industry today. The continued rise of DTV Right now, we are in the midst of yet another unexpected development in blockchain technology. Just as no one …
Read More »Which crimes increased, which decreased in the suburbs in 2020
Of the 81 suburban police departments, about half reported more violent crimes, including murder, rape, robbery and assault in 2020, compared to the annual average for the previous 10 years. Property crimes, such as arson, burglaries, theft and motor vehicle theft, are down from the 10-year average in nearly three-quarters …
Read More »How to Use the Ontario Coronavirus Vaccine Checker App and QR Codes
The Ontario government has launched its COVID-19 vaccine verification app and QR code system. Although the app is now available for download, some residents of Ontario will not be able to download the QR codes until later this weekend. As of September 22, residents of the province need proof of …
Read More »PSA calls for recognition of PhilID without handwritten signature
(File photo) MANILA – The Philippine Statistics Authority (PSA) has asked government executing agencies and other private financial institutions to recognize the Philippine Identification (PhilID) or National Identity Card as sufficient proof of identity for their clients . During Laging Handa’s public briefing on Wednesday, PSA Under Secretary Rosalinda Bautista …
Read More »“Free”: the real costs of knowledge-based authentication questions?
Imagine trying to log into your 401k account after a long time and luckily you can’t remember the password. You try to reset the password online but you can’t remember the answers to the security questions you set when you opened the account. After several minutes of a frustrating online …
Read More »Trust, security factors in digital-only banking services
Banking customers have shown in a PYMNTS study that the convenience and ease of use provided by technology-based services is of the highest value to their experience, which is a deciding factor in their banking choice. This preference pushes the exclusively digital bank to develop new products and services that …
Read More »Google to Automatically Enroll 150 Million Users for 2SV Verification: Here’s Why
Google has been open about its cybercrime prevention measures. The US tech giant has already confirmed that it verifies the security of a billion passwords and is currently planning to add more than 150 million users to two-factor authentication. They have confirmed the automatic enrollment of these 150 million additional …
Read More »Persona won $ 150 million in funding using this pitch deck
Identity verification startup Persona recently raised $ 150 million for its Series C funding round. The company has secured the backing of major players such as Founders Fund and Index Ventures. Insider got an exclusive look at the pitch deck he was using to bring investors on board. Identity verification …
Read More »Huge news in the digital applications industry / C-store | 2021-10-07 | Invest News
The last time we met Liquid Avatar Technologies (CSE.LQID, OTCMKTS: LQAVF, Forum) in our video Q&A series in July, the company had just launched its new Liquid Avatar app on the Apple Store and Google Play, along with revolutionary non-fungible tokens and a enhanced augmented reality. Non-fungible tokens. Fast forward …
Read More »HireRight employee filter files to be made public
HireRight Holdings, a provider of identity verification and technology background checks, filed its IPO with the SEC on Wednesday. The value of the IPO and the projected share price were not disclosed in the record. With strong backing from private equity firms General Atlantic and Stone Point Capital, the HireRight …
Read More »Grape ID Uses LISNR To Enable One-Stop Proximity Identity Verification | New
CINCINNATI, October 6, 2021 / PRNewswire-PRWeb / – Today, LISNR, the global leader in ultrasonic contactless proximity verification, announced a partnership with Grape ID, an innovative digital passport that ensures the security of personal information. By teaming up, the two companies will be able to provide a frictionless identity verification …
Read More »Real Me crashes due to high traffic on vax certificates website
Users of the RealMe online identity verification portal have experienced outages following the launch of a new government website for Covid-19 vaccination certificates. RealMe is a government-run service that confirms user identity for many companies including BNZ, KiwiBank, ANZ, Westpac, as well as many government tools such as Study Link. …
Read More »Global Identity Verification Market by Product Type
Market Snapshot: A new report released by Pro Data Intelligence estimates the global identity verification market size market in terms of value from 2018 to 2028. In the report, year 2020 is taken as the base year and 2020 to 2028 is taken as the base year. considered as a …
Read More »IDology Wins Finovate Award for Best Identity Management Solution
Company recognized for its identity verification solutions that advance innovation Posted: October 4, 2021 at 9 a.m. EDT|Update: 3 hours ago ATLANTA, October 4, 2021 / PRNewswire / – IDology, a GBG company, announced today that it has been recognized as the industry’s best identity management solution by Finovate. This …
Read More »Sunday night Footbal Parlay insurance + Best bet
For more updates on the latest promotions and odds increases, check out our official BetMGM Sportsbook page. We’ve got you covered with all the information you need to create an account and start betting today! BetMGM Sportsbook market leader BetMGM Sportsbook is now available in several states including Michigan, Pennsylvania, …
Read More »Police isolated in Scotland to offer checks on their own identity | Police
Lone police officers in Scotland will offer a public check-up from Saturday to reassure that they are real cops, following widespread concern over the murder of Sarah Everard. The new process will allow the officer’s personal radio to be put on loudspeaker and an officer or police staff member in …
Read More »How important is KYC and user verification in the crypto industry?
Exchanges ask their potential clients to complete the KYC before they start trading on their platform The cryptocurrency industry has grown at an unprecedented rate over the past two years. Its rapid growth has attracted several investors. Given the digital nature of the industry, many hackers and people with the …
Read More »The start-up Unissey passes the biometric presentation attack detection test, first by the French laboratory CLR
The Cabinet Louis Reynaud Labs (CLR) group conducted its first assessment of ISO / IEC 30107, finding French biometric company Unissey Level 1 compliant for biometric presentation attack (PAD) detection, ensuring that a person is who they claim to be and is alive and present in front of the camera …
Read More »Scammers took almost 30% of unemployment benefits from Arizona virus
PHOENIX (AP) – Scammers were able to pocket nearly 30% of the $ 16 billion in unemployment insurance payments Arizona sent since the start of the coronavirus pandemic, the agency director said on Thursday. State supervising the program. Most of the fraud occurred in the first few months of the …
Read More »The AMF announces an escalation in the approach to applying AML / CFT
The Financial Markets Authority (FMA(AML / CFT) diet. In doing so, the FMA referred to its latest AML / CFT surveillance analysis report, for the period from July 2018 to June 2021 (Follow-up report). The FMA press release and follow-up report can be viewed on the FMA website. Who needs …
Read More »Upbit will require users to verify identity for crypto trading starting next month
Upbit, South Korea’s largest and first officially registered cryptocurrency exchange, requires users to verify their identities starting next month to comply with new, more stringent anti-money laundering regulations. ‘money. According to local financial authorities and industry sources, Upbit will begin verifying users from next month after receiving registration certification from …
Read More »Ping Identity buys Singular Key, promises smoother identity verification and access management
The purchase of Singular Key will complement Ping’s Identity and Access Management service with a no-code method of creating workflows for identity verification for businesses. Image: Getty Images / iStockphoto Authenticating your users and managing access to different networks, services, data, and other assets is one of the most difficult …
Read More »Types of Regtech Companies and What Problems They Help Solve
Global authorities have imposed $ 13.74 billion in anti-money laundering (AML) fines according to Finbold’s Bank Fines 2020 report. This shows that financial organizations find it difficult to follow AML regulations. One reason is that there are many AML guidelines, locally and globally. This has resulted in the emergence of …
Read More »Australia accredits eftpos for digital identity exchange
Eftpos announced that its ConnectID digital identity solution business has gained Australian government accreditation as the first non-government operator to provide digital identity exchange services in the country. According to a statement, the accreditation, which has been granted under the Trusted Digital Identity Framework set up by the Australian government, …
Read More »The biggest problem with ransomware is not the encryption, but the credentials
With each passing day, the threat of ransomware increases in frequency, sophistication and effectiveness. What started as a simple annoyance plan to collect a ransom has evolved into a mature ecosystem of Ransomware-as-a-Service (RaaS) vendors leveraging double and even triple threat extortion tactics for s ‘ensure that their demands are …
Read More »Ping Identity Acquires Singular Key to Accelerate Codeless Identity Security Integration and Orchestration
DENVER – (COMMERCIAL THREAD) – Ping Identity Holding Corp., (NYSE: PING) (“Ping Identity”), the intelligent identity solution for the enterprise, acquired Singular Key, a leader in codeless identity and orchestration of security. Singular Key streamlines identity service integration, providing a codeless method to create workflows across multiple identity technologies and …
Read More »Quantum Resistant Protocols For Zero-Knowledge Evidence To Boost Blockchain Security
Blockchain security Institute of technological innovation Improved code-based zero-knowledge evidence using ranking metric We are in the early stages of understanding and the safest approach is to build the quantum resistance scheme based on many different problems, so if any one of them is broken you still have the problem. …
Read More »Michael Swan, Former Vice President of Goldman Sachs, Joins Hypersign as CSO
Hypersign, a decentralized identity start-up, appoints Michael Swan as director of strategy to strengthen its vision of access management infrastructure and cross-chain DID. Bangalore (PRWEB) September 26, 2021 Hypersign has named Michael Swan, former vice president of Goldman Sachs, as chief strategy officer, announced the blockchain-powered decentralized identity project today. …
Read More »Can Decentralized Finance become the new digital economy of tomorrow?
Over the past couple of years, DeFi has perhaps become the most defining event in the cryptocurrency reality. The rise of this new star is closely tied to Ethereum, the second largest cryptocurrency network by market capitalization, on which almost all existing DeFi applications run. The point is, Ethereum is …
Read More »The Identity Verification Market to Experience Amazing Growth
The identity verification market was valued at USD 4.95 billion in 2021 and is expected to reach USD 15.49 billion by 2029, growing at a CAGR of + 15% from 2021 to 2029. The Identity Verification Market The intelligence study includes a brief overview of the research report, a graphical …
Read More »Scott Slipy joins Socure as Chief People Officer
Socure has announced the arrival of Scott Slipy as Director of Human Resources. In this leadership role, Slipy will support Socure’s hyper-growth by intensifying strategies to attract, retain and develop innovative and high-performing teams while promoting the impact-driven culture at Socure. Slipy has held leadership roles in leading global organizations …
Read More »Novibet partners with GBG to optimize player onboarding experience
Novibet associated with GBG, digital identity experts, to optimize the overall onboarding experience of the brand’s customers, for the UK market. The partnership will see the improvement of the player experience, reducing friction by not having to request documents at the drop-off point for all customers. To achieve this, Novibet …
Read More »The e-commerce challenges faced by retailers during the holiday season and how to overcome them
Over the past year, retailers around the world have experienced tremendous growth during the holiday season. Global digital revenues grew 50% year-on-year to reach US $ 1.1 million (S $ 1.48 million) in November and December 2020. The outlook for the upcoming end-of-year sale season is bright as the upward …
Read More »Google allows users to view advertiser history with new page
Google doubles transparency by improving ad disclosures with new advertiser pages. The tech giant said in a blog post that users can access this information in its new “About This Ad” menu to see the ads that a specific verified advertiser has served in the past 30 days. For example, …
Read More »DOJ resolves Form I-9 discrimination case
Written by Thomas Ahearn, editor-in-chief of the ESR News blog On September 15, 2021, the United States Department of Justice (DOJ) reached a settlement to resolve allegations that a company discriminated against workers during the Form I-9 process. by requiring them to present specific work authorization documents based on their …
Read More »Jennifer N. Harris Joins Jumio Board of Directors
Jumio announced the appointment of Jennifer N. Harris to the company’s board of directors. Most recently, Harris was CFO of Q2 Holdings, Inc., a provider of secure, cloud-based digital solutions in financial services, where she took the company to its initial public offering on the Stock Exchange of New York …
Read More »The User Line of Defense: 5 Best Practices to Avoid Cyber Attacks
© Charnchai Guoy / iStock / Getty Images Plus The pandemic caused businesses to move their online operations virtually overnight, which included adopting digital and modern payment solutions for businesses and small businesses. While digital transformation remains prevalent in this modernized landscape, cybercrimes have made strides in these digitized frameworks. …
Read More »‘VU’ creates digital solution for fraud prevention and identity protection
Credit: Michael Traitov / Shutterstock Concept: Argentina-based cybersecurity company “VU” has created a fraud prevention and identity protection solution for businesses and citizens. It aims to deliver frictionless and secure digital experiences that digitally transform and improve business, raising the level of security for businesses across the globe. Nature of …
Read More »Beyond Broadband: Equity, Access and Benefits of Audio-Only Telehealth
Telehealth has remained a salient topic this year, as policymakers have considered both infrastructure investments and lessons learned during the COVID-19 pandemic. The infrastructure bill would invest billions of dollars to expand broadband access, potentially paving the way for greater adoption of two-way synchronous telehealth services. However, those without broadband …
Read More »School devoured by floods, built overnight
Our correspondent, Nilphamari Mon Sep 20, 2021 12:00 AM Teachers, tutors and locals voluntarily built this makeshift school of Purba Satunama Aminpara Public Primary School on the right bank of the Teesta River on September 11. Photo: Star “> Teachers, tutors and locals voluntarily built this makeshift school of Purba …
Read More »5 game-changing stocks that can turn $ 200,000 into $ 1 million (or more) in 10 years
Although the stock market is completely unpredictable in the short term, history has shown time and time again that patience pays off in the long term. Despite 38 double-digit percentage corrections in the S&P 500 Over the past 71 years, the benchmark has finally hit new all-time highs every time. …
Read More »Socure presents a predictive document and identity verification solution with high precision and multidimensional risk information
Safe, an established provider of digital identity and fraud verification solutions, introduced the “first” predictive document and identity verification solution with native signals and intelligence on fraud risks. Socure’s predictive document verification aims to go beyond simply authenticating a government-issued ID and matching a selfie with the photo on the …
Read More »TSA Installs Credentials Authentication Technology at Capital Region International Airport
A Credentials Authentication Technology (CAT) unit has been installed and is in use at the Transportation Security Administration checkpoint at the Capital Region International Airport (LAN). “The new Credentials Authentication Technology Unit improves our detection capabilities to identify fraudulent identity documents and improves the passenger experience by increasing efficiency during …
Read More »Socure combines selfie and risk scouting with new predictive document verification solution
Socure has released a new integration solution that combines biometric identity verification and risk screening in a single package. In concept, predictive document verification works like any other face-based integration tool. Guests are encouraged to take a selfie and photo of government ID. Socure will verify the authenticity of the …
Read More »FAFSA overtime work after deadline for some
These are common misconceptions about FAFSA, straight from the experts Lisa Laug, University and Career Director at Greenwood Community High School, shares common misconceptions about FAFSA at an open support evening. Indianapolis star Jenna Watson Normally, on the first day of class, students rush to the University of Nebraska-Lincoln financial …
Read More »New biometrics selfie clients for GetID and Trueface, solutions from Socure and Equifax
Europe’s largest airline group, Ryanair, selected Checkin.com’s GetID for image recognition and facial biometrics to allow passengers to perform identity verification remotely. GetID was acquired by Checkin.com just a few weeks ago for around $ 9.5 million to integrate the digital identity company’s selfie biometrics into the company’s software-as-a-service portfolio. …
Read More »CAV Solution Sold World’s First NFT Token Share | New
TALLINN from Estonia, September 15, 2021 / PRNewswire / – CAV Solution Ltd and Curitas Ventures AB have signed a very first contract note in which the subject of the transfer is NFT token # 00001 representing an undisclosed amount of shares in the start-up CAV Solution Ltd . The …
Read More »Impressive growth in the customer identity verification market
Outlook for the Client Identity Verification Market by 2028 The Insight Partners has released a latest market research report on the Client Identity Verification Market. The global report is prepared in collaboration with leading industry experts and a team of dedicated research analysts to provide a company with in-depth market …
Read More »Governments make greater use of biometrics in the fight against money laundering
A new biometrics service has been launched by the Pakistani government, as Taiwanese regulators update their rules to include the use of biometrics in online banking, as part of the global fight against money laundering. money. ComplyCube is targeting the Anti-Money Laundering (AML) market with a new biometric solution, while …
Read More »ADVANCE.AI Partners with Dow Jones to Strengthen Risk and Compliance Solutions in South & Southeast Asia
Copyright 2021 PR Newswire. All rights reserved2021-09-08 SINGAPORE, September 8, 2021 / PRNewswire / – ADVANCE.AI, a Singaporecompany based on artificial intelligence (AI) and big data in Asia, has partnered with Dow jones, a global provider of business news and information, to strengthen its core B2B risk and compliance product …
Read More »iSignthis Ltd (ASX: ISX) Separation of European companies
Separation of European companies Melbourne, Sep 1, 2021 AEST (ABN Newswire) – iSignthis Limited (ASX: ISX) (FRA: TA8) is pleased to announce that it is studying a plan to split off the subsidiary ISX Financial EU Ltd (ISXFEU), through a reduction in the capital of ISX. The proposed spin-off would …
Read More »Mitek Systems (MITK) gains 3.87% on moderate volume August 27
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange MITK – Market data and news To exchange Mitek Systems Inc (NASDAQ: MITK), …
Read More »Is your Aadhaar genuine or fake? Check with these steps online, offline
zeenews.india.com understands that your privacy is important to you and we are committed to being transparent about the technologies we use. This Cookie Policy explains how and why cookies and other similar technologies may be stored on and accessed on your device when you use or visit zeenews.india.com websites that …
Read More »NADRA launches new identity card verification system
File illustration showing a computerized national identity card. The new system can verify or identify the registration of any irrelevant person in the family system. An operation was launched with the help of the new system against foreigners living illegally in Pakistan. New technology will be used to identify a …
Read More »Step by step guide to find out if your Aadhaar is genuine or fake
The Unique Identification Authority of India (UIDAI) previously posted a tweet on its official Twitter account. In it, the Aadhaar card issuing entity warned people to be diligent and verify Aadhaar cards before accepting them as proof of identity. In the tweet, the UIDAI said not all 12-digit numbers are …
Read More »Of the. Unemployment office fights fraud attack
(TNS) – Almost a year and a half since businesses in Delaware began shutting down due to the COVID-19 pandemic, residents of the state are still struggling to get their unemployment benefits due. Reports of fraudulent activity on unemployment claims have swamped the Delaware Department of Labor in recent months, …
Read More »SentiLink Raises $ 70 Million in Series B Funding
SentiLink, an identity verification technology company based in San Francisco, Calif., has raised $ 70 million in Series B funding. The round, which has brought the total funding raised to date to $ 85 million, has been led by David Sacks of Craft Ventures with participation from Felicis Ventures, Andreessen …
Read More »How to set up two-step verification in Skype
Skype is a popular video conferencing tool for internet and video calling, messaging, and file sharing. You can do a lot with Skype, but one important thing that you need to do is set up two-step verification to make your account more secure. Here we are going to see how …
Read More »Connecticut Moves Forward in IT Modernization
After deciding earlier this year to create a centralized state IT agency, Connecticut Gov. Ned Lamont recently signed legislation to push the state forward in technological modernization. In mid-July, the governor signed Public Law 21-76, “Law Concerning the Modernization of State Services and the Composition of the Commission for Educational …
Read More »Veriff and Joyride join forces to fight mobility fraud
Estonia-based identity verification company Veriff has teamed up with Canadian-headquartered micromobility operator Joyride to improve the latter’s fraud prevention system. According to the press release, the aim of the partnership is to provide customers of the Joyride micromobility platform with better integration, as well as to combat growing fraud threats …
Read More »Thales and Iris ID each sign biometrics distribution agreements for Latin America
Digital systems integrator Sistemas Integrales de Automatización (SIASA) has separate distribution agreements for Mexico and Latin America with Thales and Iris ID. SIASA specializes in security technologies for businesses, including access control, time and attendance, secure card issuance, biometric and identity verification systems. The distributor will sell Thales digital identity …
Read More »CIBC launches digital identity verification
Today, CIBC announced a new digital identity verification option, allowing potential CIBC clients in Canada to verify their identity in minutes, without the need to visit the branch or speak to a representative. customer service to open new online accounts. Using machine learning algorithms, digital verification technology offers fast, easy …
Read More »What is digital identity?
As more and more of our daily activities move online, from grocery shopping and mortgage applications to school exams, the ability to trust the digital identities of others is essential. But unfortunately, it’s getting harder and harder to make sure that people online are who they say they are. Online …
Read More »Police should be excluded from digital ID system
Former Australian Privacy Commissioner Malcolm Crompton recommended that law enforcement agencies be explicitly barred from accessing data from the government’s digital identity program, which is being prepared for economy-wide expansion. The program currently allows users of federal government services to verify their identity for use in multiple services by accessing …
Read More »Child tax credit 2021: Create an ID.me account to manage your monthly payments
You will need an ID.me account to manage your upcoming child tax credit payments. Angela Lang / CNET I’m still waiting for your July payment of the child tax credit? Want to keep an eye on future checks? If this is the case, the first thing to do is to …
Read More »Fighting deepfakes: how to perpetuate our biometric identities
How much should we be worried about deepfakes? What sort of threat do they pose to digital identity verification and the biometric technology we so depend on, and are there ways to combat this threat? The deepfake threat Deepfakes refer to manipulated videos or other digital representations produced by sophisticated …
Read More »Liz Weston: We deserve a better credit reporting system
In some ways, the American credit reporting system has improved. Credit freezes, which lock our credit information to deter identity theft, are now free and fast. We have free weekly access to our credit reports, courtesy of Equifax, Experian and TransUnion credit bureaus, until April 20, 2022. Free credit scores …
Read More »After an identity check, they walked the road to marriage
It took two recommendations, a nudge and an ID check for Daniel Kirkpatrick to have a date with Barbara Brabston. He first heard about her from his friend’s wife, who was Barbara’s church minister. âShe said, ‘There’s a woman in my church that’s single, and you’re single and we think …
Read More »Facial recognition in China and biometric immigration policy in Canada
In this week’s recap of top FindBiometrics stories, we take a closer look at the different approaches to biometric technology in Canada and the United States. Other topics include health passports, digital integration, and facial recognition controversies in China. First, the Canadian government issued a Information request as it seeks …
Read More »Trulioo and One World Identity explain the rise in demand for biometric integration
The average consumer transacted with six new brands last year, according to a new report from Trulioo, pressuring companies to make their services digitally available and generating a wave of demand for remote biometric integration. The launch of the report comes as a new AML feature has been added to …
Read More »Hong Kong “explores collaboration” with mainland digital identity systems
Hong Kong is investigating how its digital identity platform could work with systems in mainland China, as revealed written responses by Innovation and Technology Secretary Alfred Sit. Sit’s response to Legislative Council member Lo Wai-kwok states that the Office of the Government Chief Information Officer (OGCIO) “is exploring with relevant …
Read More »Oracle Unit Partners With Everest To Bring Blockchain To Banks Around The World
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Oracle Financial Services Software Ltd, a unit of Oracle Corp, has partnered with financial technology provider Everest to bring blockchain to banks around the world to enhance their product offerings, said the Everest Managing Director and Co-Founder Bob Reid. FILE PHOTO: The Oracle …
Read More »Electronic identification targets digital integration
Electronic IDentification, a qualified company in electronic signature and identity verification solutions, launches HelloID, a solution intended mainly for the financial and government sectors, which allows to build any digital integration process in a few hours. Digital customer onboarding: from a few months to a few hours Given the importance …
Read More »GOP Bill to Add Identification Component to Absentee Voting Applications is Dead | Michigan News
By DAVID EGGERT, Associated Press LANSING, Mich. (AP) – Attempts by Michigan Republicans to add an identifying feature to postal ballot requests and institute signature verification at polling stations failed in the Legislative Assembly led by the GOP, amid reluctance from election clerks and voting rights advocates. Representative Ann Bollin, …
Read More »Watch out for fraudsters! UIDAI Warns of Aadhaar Card Verification Scam | Personal finance news
There are several frauds related to Aadhaar cards. Scammers seek to steal Aadhaar card credentials to extract money or to take advantage of so many services that can be used on this basis. To stay safe, it is important to verify their Aadhaar card immediately and furthermore, they should not …
Read More »The biometric point of sale market is expected to grow at over 35% CAGR; Telpo updates the terminal
The global biometric point-of-sale (POS) terminal market could grow by $ 1.17 billion between 2020 and 2025, according to a new report from Technavio, at a spectacular compound annual growth rate of 35.77%. The report breaks down the market by technology and geography, and indicates that the COVID-19 pandemic has …
Read More »3 ETFs that will make you richer in the second half of 2021 (and beyond)
After a period of historic stock market volatility, long-term investors have once again learned the value of patience. Since the very followed S&P 500 Hit rock bottom during the coronavirus pandemic, the index has catapulted higher by 95%. However, investors should also be aware that rebounds from bear market lows …
Read More »KNOWLEDGE DOESN’T EQUAL SAFETY
Airlines, banks, exchanges and trading platforms suffered brief website outages this week1 after the failure of a key piece of Internet infrastructure, causing the second major disruption in the past two weeks. The breakdowns occur a little over a week later countless websites and apps around the world went down …
Read More »Update this IRS information now or you may need to repay part of the child tax credit
Are you still waiting for your third raise check? If your payment is still among those missing, don’t panic. The IRS continues to issue $ 1,400 stimulus checks and additional payments to those who qualify, and will continue to do so for the near future. In early July, the IRS …
Read More »Latest EDD scam targeting out-of-state residents via text message – CBS Los Angeles
LOS ANGELES (CBSLA) – Carolyn thought it was her lucky day when she received a series of text messages saying she had been selected to receive money from ESD, the California Department of Employment Development. Scammers’ texts target people living out of state. (CBSLA) âI filled in my name and …
Read More »Complaints about money apps on the rise, says NC group – WSOC TV
CHARLOTTE – The North Carolina Public Interest Research Group has combed through the files of the Consumer Financial Protection Bureau. The NCPIRG said the office created a category of mobile / digital wallet in 2017. He says: âSince then, there have been around 9,300 complaints across the country, more than …
Read More »House of Commons Financial Services Committee examines fair credit reporting legislation – Finance and Banking
United States: House Financial Services Committee Examines Fair Credit Reporting Legislation July 02, 2021 Cadwalader, Wickersham & Taft LLP To print this article, simply register or connect to Mondaq.com. The United States House Committee on Financial Services took into consideration legislation that would amend the Fair Credit Reporting Act to …
Read More »July 1, 2021 – FCW
FCW Insider: July 1, 2021 Unions seek new SSA contract, urge Biden to fire Trump leftovers President Joe Biden canceled much of his predecessor’s workforce program in the early days of his administration by executive order, but Social Security Administration unions are unhappy with the pace of implementation of the …
Read More »CBP’s streamlined arrival system reaches Guam
US Customs and Border Protection (CBP) continues to expand its simplified arrival system. The agency has now deployed its facial recognition technology at Antonio B. Won Pat International Airport in Guam, located in the Commonwealth of the Northern Mariana Islands. The project is carried out in collaboration with the Guam …
Read More »6 Most Popular Thai Dating Sites To Meet Single Thai Women and Men
More and more people around the world are looking for partners from other countries, but the chance of meeting a compatible Thai single in your area is often close to zero. The good news is that online dating is the solution to the problem. But how do you find the …
Read More »5 Steps To Securely Buy Stablecoins
Stablecoins allow you to turn your money into crypto without the volatility. This type of cryptocurrency is attached to another asset and generally reflects the value of that asset. For example, several stable coins are pegged to the US dollar and are each worth $ 1. If you are interested …
Read More »Prove integrates TransUnion TruValidate identity verification so it can serve Hong Kong residents
To prove, which offers an innovative way to prove its identity by requiring only a phone number, reveals to have integrated TransUnion‘s TruValidate identity verification solution in its product offering so that it can offer a new instant digital identity service in Hong Kong. The launch of the new Numeric …
Read More »Will the opening of the Unemployment Insurance Agency offices help those struggling to get benefits?
(W X Y Z) – We heard from thousands of people during the pandemic who fought for the unemployment benefits they are entitled to. Starting June 30, they will have the opportunity to try to get help in person (click here to make an appointment). Related: But is it enough …
Read More »Korea’s brilliant decentralized identity approach to identity management
The Korean government’s decentralized identity approach promises to transform the lives of citizens, especially during the pandemic period. (Photo of Seoul city skyline by Ed JONES / AFP) Decentralized identity as a form of identity management by a country? It sounds strange, but it should actually be the future of …
Read More »What We Know About Alaskan Cyber Security After Hackers Enter Multiple State Agencies This Year
A screenshot shows how the Alaska Department of Health and Human Services website goes offline a month after hackers first targeted the agency’s networks. For weeks this spring, hackers forced authorities to shut down Alaska’s Courtview system, making state court records inaccessible to lawyers, those accused of crimes, and residents …
Read More »Harnessing behavioral analysis for safety
Share Tweeter Share Share Share E-mail Cities and states are finally starting to reopen after more than a year of social distancing restrictions, but the digital habits customers have developed over the past 18 months are here to stay. More than half of current digital banking users plan to continue …
Read More »Trulioo Expands Identity Verification Services in Africa
Trulioo GlobalGateway now offers support for Kenya and improved coverage for Ghana, Nigeria and South Africa VANCOUVER, BC (PRWEB) June 22, 2021 Trulioo today announced that Kenya is the latest addition to its growing list of African countries supported by GlobalGateway, the market-leading global identity verification platform. Trulioo helps companies …
Read More »The new face of the fraudster
By Ro Paddock, Head of Financial Crime at Fourth row The past 12 months have seen changes in all aspects of our lives. Consumer behavior has been constantly reshaped and expectations have changed in everything from commerce and entertainment to banking. The adoption of digital wallets and mobile banking has …
Read More »Stripe goes beyond online payments with the Stripe identity verification tool
Stipe launches Stripe Identity, an augmented reality-powered self-service tool that developers can integrate into their platforms to verify user identities. The new tool will see Bandaged manage encrypted customer data, using computer vision and machine learning to “Lily” government identities and link them to live selfies in under 15 seconds. …
Read More »Flurry of biometric deployments and partnerships, from payment cards to contactless access control
The markets for fingerprint biometrics in cards, facial recognition for physical access control systems and both in mobile devices are growing. Fingerprint Cards leads the week with a US patent and deployment related to biometric payment cards, while Thales makes the news for payment and national identity cards and Idemia …
Read More »Facial recognition failures exclude people from unemployment systems
People across the country are furious after being refused their unemployment benefits due to apparent issues with facial recognition technology that claims to prevent fraud. Unemployment beneficiaries has been complaining for months about the ID.me identity verification service, which uses a combination of biometric information and official documents to confirm …
Read More »U.S. Cyber Security Executive Order and Derivative PIV Credential Issuance with YubiKeys
The U.S. Federal Government’s Personal Identity Verification (PIV) program, based on FIPS 201-2, requires smart card authentication for employees to access government computers and networks. While offering the highest level of security, physical PIV cards present many operational challenges. For example, because they require access to a smart card reader, …
Read More »Fintechs rush to adopt biometrics for remote KYC
More than three in four millennials are “very satisfied” with the use of facial biometrics based on mobile devices for authentication, according to a new report by PYMNTS. The report comes as a string of customer wins have been announced by Trunarrative, Veriff, Sumsub and iDenfy, along with a mysterious …
Read More »Significantly Exaggerated TurboTax Violation Reports | Cyber security
Reports of a TurboTax data breach have been exaggerated, according to Intuit, owner of the tax preparation platform. Several news outlets recently reported that an unknown number of TurboTax accounts were compromised in a wave of credential stuffing attacks. These types of attacks exploit credentials stolen from other websites and …
Read More »TruNarrative provides integration and risk management services for MoneeMint
Another challenger bank turns to TruNarrative for digital integration and risk management. MoneeMint is a UK-based financial startup and promotes itself as the country’s premier ethical digital banking platform. The company is partnering with TruNarrative to keep this promise. In this regard, TruNarrative will provide MoneeMint with automated identity verification …
Read More »IDnow introduces NFC-based verification for digital IDs
The German platform provider adds Near Field Communication technology to its existing verification process. June 15, 2021german company IDnow, which offers a platform-as-a-service identity verification solution, announced the addition of Near Field Communication (NFC) read capability to its IDnow AutoIdent offering. This, the company reports, will provide users with a …
Read More »Identity Authentication Access Market Expected to Reach $ 28.5 Billion in 2021
LONDON–(COMMERCIAL THREAD) – The Identity Authentication Access Market is expected to grow 13.4% of revenue in 2021 to $ 28.5 billion, according to the latest Access to Internet Market Tracker. Omdia identity authentication. By 2025, the IAA market is expected to reach $ 49.5 billion, a CAGR of 14.9%. In …
Read More »It’s time to refocus the customer experience in the age of risk
In this guest post, Andy Mellor, Regional Vice President, ANZ at Kofax, asks what the customer experience looks like in this age of privacy and risk? âYou never get a second chance to make a first impression. If only you had a dollar for every time you heard that saying, …
Read More »Petition calls on states to stop requiring facial recognition for unemployment benefits
TAMPA, Florida – A national petition is circulating, calling on states to stop requiring facial recognition for unemployment benefits. The petition of Fight for the future, a non-profit organization working to ban facial recognition, obtained 6,000 signatures within three weeks of launch – more than 250 of those signatures are …
Read More »Mastercard completes the acquisition of Ekata
Mastercard (NYSE: MA) today announced that it has completed the acquisition of Ekata, a leading provider of identity verification services that help businesses make more informed decisions when opening an account online, payments and various other digital interactions. âWe are delighted to welcome the Ekata team to Mastercard,â said Ajay …
Read More »States require tenants to make efforts to obtain rental assistance
Allilsa Fernandez was about to start a full-time job as a home helper when New York City went into custody in March 2020. She had to drop out due to health issues like asthma. Fernandez still had a part-time helping job that she could do remotely, but the finances quickly …
Read More »Bitcoin is actually traceable, pipeline investigation shows
When Bitcoin burst onto the scene in 2009, fans announced cryptocurrency as a secure, decentralized, and anonymous way to transact outside of the traditional financial system. Criminals, often operating in hidden areas of the internet, have flocked to Bitcoin to conduct illicit business without revealing their names or locations. Digital …
Read More »New Email Intelligence Solution Helps Insurers Strengthen Protection Against Online Fraud
ATLANTA, June 9, 2021 / PRNewswire / – LexisNexis® Risk Solutions, a leading provider of data, analytics and technology, today announced the availability in the United States of LexisNexis® Emailage® for the insurance market. Emailage is a powerful email intelligence-driven risk assessment solution to help verify and assess risk on …
Read More »5 essential checks to create a secure password
Creating a secure password is more and more important today as we rely heavily on online services in our daily life. The method of creating a secure password is not very difficult. All it takes is following a few simple rules, and you should be creating a reasonably secure password …
Read More »YinzCam and CLEAR Announce Strategic Partnership Bringing YinzCam Mobile Technology and CLEAR Identity Platform
NEW YORK, June 4, 2021 / PRNewswire / – YinzCam, the industry leader in mobile applications for professional sports and entertainment events, and CLEAR, the secure identity company, today announced a strategic partnership. This partnership will bring together YinzCam’s mobile technology and CLEAR’s secure identity platform to deliver innovative new …
Read More »Identity verification delays unemployment benefits in Ky.
BOWLING GREEN, Ky. – Bob Waldren has not received unemployment assistance for several weeks. âWe’re stretching it, really stretching it, so that everything gets paid for, the food and everything,â Waldren said. What would you like to know Unemployed tax filers face another headache when claiming relief: With Kentucky’s new …
Read More »Jumio partners with National Crime Check
Identity verification solutions provider Jumio has announced its new partnership with National Crime Check (NCC), an Australian Criminal Intelligence Commission (ACIC) accredited agency that performs police checks and job screening. NCC was previously a client of Jumio – now, with a new business partnership forged between the two, NCC has …
Read More »