Tagged: id verification

January 24, 2026 @ 7:30 am By Omar Faridi  |  

TransUnion (NYSE: TRU) pointed out that in today’s gig economy, where side hustles like ride-sharing, food delivery, freelance tasks, and caregiving provide essential income streams, a concerning trend is emerging among younger participants. A recent study reveals that almost one-third of Millennials and Generation Z… Read More

November 22, 2025 @ 7:35 pm By Omar Faridi  |  

ID-Pal, a provider of AI-enhanced identity verification, announced an update to its document-fraud detection feature, ID-Detect, enabling defenses against digital manipulation generated by AI. This kind of manipulation is reportedly one of the “fastest-growing” threats facing financially regulated enterprises and payments providers. AI-fraud remains a… Read More

November 15, 2025 @ 11:44 am By Omar Faridi  |  

Regtech HYPR and Yubico have been focused on the mission to eliminate passwords and enhance identity security. Yubico’s push for FIDO-certified hardware authenticators and HYPR’s role as part of the FIDO Alliance mission to reduce the reliance on passwords have brought workers and clients into… Read More

July 29, 2025 @ 10:23 am By Omar Faridi  |  

In the evolving ecosystem of digital identity verification, Regtech Prove continues to focus on developing solutions that address critical challenges in fraud prevention, system integration, and regulatory compliance. Recent insights from Prove highlight the company’s commitment to tackling emerging risks and streamlining onboarding processes. Together,… Read More

July 24, 2025 @ 9:19 am By Omar Faridi  |  

Jumio has released its findings from its 2025 Online Identity Study. As consumers set out for summer activities, digital identity protection may be taking a more significant spot on the packing checklist, with almost half of global consumers (44%) not having confidence in the travel… Read More

July 5, 2025 @ 11:14 am By Omar Faridi  |  

In an era where digital transformation is reshaping financial services, sponsor banks and fintech companies face mounting challenges, from regulatory scrutiny to sophisticated fraud schemes. This, according to an update from Regtech Prove. Two recent developments highlight innovative approaches to these issues: strategies for sponsor… Read More

May 25, 2025 @ 4:11 pm By Omar Faridi  |  

Vouched, the enabler of AI-powered identity verification, announced the launch of several initiatives to ensure the coming ecosystem of AI Software Agents is built on “a foundation of strong identity and trust.” These include Agent Reputation Directory, a solution designed “to address the gap in… Read More

May 14, 2025 @ 8:32 am By Omar Faridi  |  

Prove Identity, a global enabler of digital identity solutions, is providing tools to enhance security, streamline user experiences, and ensure compliance across borders. Recent updates from Prove highlight their partnerships, advancements in passwordless authentication, and expertise in navigating global compliance, positioning them as a partner… Read More

May 3, 2025 @ 10:56 am By Omar Faridi  |  

World Network—formerly Worldcoin—has unveiled several updates that signal a new era for digital identity, finance, and online trust. With its recent U.S. launch, the introduction of the World Card, and a renewed focus on distinguishing humans from bots in an AI-driven world, World Network is… Read More

April 20, 2025 @ 6:47 pm By Omar Faridi  |  

Veriff, a global identity verification platform, has seen verification volumes grow by 335% in the past year. The company continues to report more than “80% year-over-year profitable revenue growth, as businesses across industries battle sophisticated online fraud.” To support this global market demand, Veriff appointed… Read More

January 6, 2025 @ 9:29 am By Omar Faridi  |  

Amsterdam headquartered Ver.iD has reportedly finalized a $2 million angel round for its digital identity verification SaaS platform. Amsterdam‘s VeriD, a digital identity verification SaaS platform that has been founded in 2022 by Robert Van Altena, confirmed that it raised €2 million in funding to… Read More

December 20, 2024 @ 7:31 am By Omar Faridi  |  

Trulioo, an identity platform with global coverage for person and business verification, announced a 34% increase in marketplace transactions and 21% in payments in the past year as digital commerce adoption increases. The surge in transaction volume reflects how payments and marketplace platforms are responding… Read More

November 18, 2024 @ 4:08 am By Omar Faridi  |  

Socure, the provider of AI for digital ID verification, sanction screening, and fraud prevention announced the launch of Graph Intelligence, an addition to its Sigma Identity Fraud suite. This module provides fraud, compliance, and data science teams exclusive access to unique, “deterministic” signals that reveal… Read More

March 1, 2024 @ 8:50 am By Omar Faridi  |  

Socure, a provider of artificial intelligence [AI] for digital identity verification,  and Trustly, an Open Banking payments provider, today announced a partnership to offer merchants and Fintechs a streamlined onboarding and guaranteed Pay by Bank solution. This integration allows merchants, especially in industries “that require… Read More

February 15, 2024 @ 8:19 am By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, joins a consortium of five partners, including the IOTA Foundation and Walt.id, SPYCE.5, and Bloom Labs with the goal of making Crypto Asset Service Providers (CASPs) and self-hosted wallets compliant with the European Anti-Money-Laundering Regulation and the… Read More

February 6, 2024 @ 11:37 am By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity verification, risk assessment and compliance solutions, has partnered with Kaizen Gaming, the global GameTech firm, to streamline its verification processes. Kaizen Gaming is committed to “providing a great user experience based on all regulatory requirements across markets, and… Read More

January 22, 2024 @ 2:31 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, launched a fully integrated, internally developed, identity fraud solution suite that fuses personal identifiable information (PII) validated by thousands of data sources, real-time network and anomaly detection, “with digital and… Read More

January 3, 2024 @ 4:57 pm By Omar Faridi  |  

Credas Technologies, the identity verification checks provider, has announced the launch of its material information function, helping estate agents “to get ahead of the latest rule changes announced by Trading Standards at the end of last year.” The Parts B and C of The National… Read More

December 28, 2023 @ 6:28 pm By Omar Faridi  |  

After the launch of World ID 2.0 and the open sourcing of the Worldcoin iris recognition pipeline in mid December, World ID verifications are now “available in Singapore via the Orb, the project’s custom hardware device.” A full list of verification locations is available on… Read More

December 20, 2023 @ 11:42 am By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced a “significant” increase in the adoption of its platform in the past year. The company, which opened a new international headquarters in Vancouver this year, also earned industry recognition “following the… Read More