Tagged: digital identity

Global ID Verification Firm Onfido to Help E-Scooter Provider Voi with Verifying Customers’ Documents

Onfido, a global ID verification solution provider, will be working with Voi, an e-scooter rental operator The UK has opened up to e-scooters and companies like Voi have been running trial rental services in the West Midlands, Cambridge, Northampton, Liverpool, Bath, and Bristol areas. Voi… Read More

UK Fintech Nuggets Partners LexisNexis Risk Solutions to Support Implementation of Digital Identity Solutions

LexisNexis Risk Solutions and UK-based Fintech firm Nuggets will be working together to support the implementation of self-sovereign digital identity (SSI) solutions. According to a release shared with CI, SSI solutions are one of several emerging technology-led innovations that are beginning to transform how businesses… Read More

Mastercard, Lumedic Exchange, Providence, Cambia Health to Support Secure Digital Identity Principles for Healthcare

Ajay Bhalla, President, Cyber and Intelligence Solutions, Mastercard (NYSE:MC), has confirmed that the payments giant has joined the Lumedic Exchange in order to lay the foundation for a “trusted, more secure, and patient-centric way” for interacting with healthcare providers. Bhalia noted: “Mastercard has come together with… Read More

Global ID Verification Firm Trulioo Recognized as One of Canada’s Top Growing Companies, after Recording 503% Growth in 3 Years

Trulioo, an on-demand global identity verification company, has been recognized on The Globe and Mail’s second-annual ranking of Canada’s 2020 Top Growing Companies – which ranks companies based on their three-year revenue growth. As mentioned in a release shared with CI, Trulioo recorded three-year growth… Read More

Global ID Verification Provider, Onfido, to Offer Authentication Services to Malaysia’s MyCash Money

Onfido, a global ID verification provider, will be offering its user authentication services to Malaysia’s MyCash Money. Onfido has also been providing similar services to other Fintech firms in the region, including BigPay and MoneyMatch. MyCash Money is a digital marketplace that’s focused on serving… Read More

Hungarian Firm PeasyPay Launches Biometric Digital Payment System that Uses Facial, Palm Recognition to Verify Users

Hungarian firm PeasyPay has launched a biometric digital payment system that uses facial and palm recognition to verify customers’ IDs and settle transactions. The Fintech company stated that it will be introducing its biometrics-enabled point-of-sale payments technology in Spain and the UK. Consumers can download… Read More

Mobile Banking App Offered by South Korea’s Shinhan Bank Now Uses Blockchain based Decentralized ID Authentication

Blockchain-based decentralized identity authentication services (DID) could potentially replace public certificates that are used for financial services, which may include those for mobile banking. This particular use case was recently commercialized for the very first time by South Korea’s Shinhan Bank. As mentioned in a… Read More

Blockchain Platform Ontology (ONT) Aims to Establish Trust in the Automotive Sector with Decentralized Digital ID Solutions

The developers of Ontology (ONT) have noted that they’re focused on establishing trust in the automotive industry through the implementation of a blockchain-enabled, decentralized digital identity solution that allows driving data to be recorded, stored, and verified in “a safe and secure” manner. The developers… Read More

IRISnet’s “Internet of Blockchains” to Use MKEY’s Smart Wallet and Digital Identity Solutions

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, has teamed up with MYKEY, in order to bring MYKEY’s core technologies, including its Smart Wallet and digital identity, and also MYKEY’s ecosystem to IRISnet’s “internet of blockchains.” Through the partnership,… Read More

ID Verification Solutions Provider Trulioo has Developed New Facial Recognition and Document Authentication Software

Trulioo, a provider of global identity verification solutions, revealed on July 8, 2020 that it has developed  new document verification and facial recognition software. The new features will be added to EmbedID, a low-code developer tool that can work with the GlobalGateway API – which… Read More

Consulting Firm deVere Group Launches Digital ID Verification System, CEO Nigel Green Says there’s “Soaring Global Demand” for Fintech

The deVere Group, a global financial consultancy providing advice to expatriate clients and investors, has introduced a customer onboarding verification app. The company’s Ident Me app aims to offer a secure identity verification system, which could serve as an alternative to traditional customer onboarding solutions…. Read More

AhnLab, a Leading South Korean Software Security Firm and Several Others Join MyIDAlliance, an Organization Establishing a Blockchain based Digital ID Ecosystem

Six new partners have joined South Korea’s MyIDAlliance, a leading collaborative organization focused on establishing a blockchain-based digital ID ecosystem that places “MyID” at the center. Leading security firm “AhnLab”, payments provider “NHN KCP”, electronic trade and logistics firm “KTnet”, exchange lending Delio, AI and… Read More

Australia’s Digital Transformation Agency Says its New Digital Identity System will Verify Users to Access Wide Range of Online Services

The Digital Transformation Agency (DTA) has been focused on developing the Australian digital identity system, so that locals can access essential government services in a simple and secure manner. The new digital identity platform will allow individuals and Australian companies to verify their identities through… Read More

Blockchain Platform Ontology Teams Up with Spherity to Advance Digital Identity Solutions

Ontology (ONT), a “high-performance” public blockchain network that aims to provide a “distributed trust” platform, announced on Friday it has joined forces with German decentralized digital identity specialist Spherity to advance digital identity solutions. The platform reported that the partnership will see the integration of… Read More

Digital Identity: Eftpos Australia to Begin Testing its Mass-Market Online Customer ID Service, backed by Leading Banks, Merchants

Eftpos (electronic funds transfer at point of sale) Australia confirmed that it will begin running pilots of a mass-market digital identity service, which is reportedly backed by the nation’s leading banks and merchants. According to a document submitted to the Australian government’s Select Committee on… Read More

OurCrowd backed Biometrics Firm BioCatch Secures $145 Million via Series C Round led by Bain Capital

Israel-based BioCatch, a behavioral biometrics firm, has secured $145 million in capital through a Series C investment round, which was led by Bain Capital Tech Opportunities. BioCatch is an OurCrowd portfolio company and the crowdfunding platform took part in this most recent round. Existing investors… Read More

Mastercard Invests Undisclosed Amount in AI-enhanced Identity Authentication Firm, Trust Stamp

Payments giant Mastercard has reportedly invested in artificial intelligence (AI)-enhanced identity authentication firm, Trust Stamp. Trust Stamp is a graduate of Mastercard’s 2018 Start Path accelerator program. The two firms announced their first collaborative effort involving a secure non-PII authentication network for offline and internet-based… Read More

Mastercard Announces Expansion of Digital Identity Commitment With Samsung

Mastercard (NYSE: MA) announced on Tuesday it will team up with Samsung to explore and offer a new way for consumers to conveniently and securely verify their digital identity on mobile devices. While sharing more details about the collaboration, Ajay Bhalla, president of cyber &… Read More

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