Tagged: identity verification

Dfns, Concordium Announce Wallet, Identity Partnership

Dfns, a Wallet-as-a-Service (WaaS) provider, this week announced a strategic integration with Concordium, the Layer-1 blockchain that embeds privacy-preserving identity directly into its protocol. The integration enables financial institutions, fintechs, and consumer platforms to programmatically create Concordium wallets and verified onchain identities for users This… Read More

Microblink’s Fraud Lab: AI-Generated Fake ID Use Surging

Microblink, a provider of AI-powered identity verification, released new findings from its Fraud Lab showing a sharp escalation in AI-generated fake IDs and deepfake documents used to commit fraud across banking, hospitality, and digital onboarding. Microblink’s Fraud Lab, an internal research and simulation team, actively… Read More

ProveX Digital Trust Exchange Launches

Prove, a digital identity services provider, has launched ProveX, a digital trust exchange that enables enterprises to instantly access verified data and credentials from partners, while preserving trust through every interaction. Built on Prove’s tokenized identity framework, ProveX enables businesses to create personalized, intelligent customer… Read More

Regtech Jumio Introduces Reusable Digital Identity Solution to Enhance UX

Jumio, the provider of AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, announced the launch of selfie.DONE, a solution that delivers on the regulatory technology firm’s vision for reusable identity. selfie.DONE enables trusted users to be recognized right away and reverified with… Read More

Experian Enhances Fraud Fighting Capabilities with Mastercard Identity Insights

Experian announced the integration of Mastercard’s identity verification and fraud prevention technology into the Experian Ascend Platform. This collaboration will enable “efficient identity verification for the company’s more than 1,800 global clients across industries such as financial services, automotive, health, and digital marketing, helping to… Read More

Regtech HYPR Advances Mission to Bring Workforce Identification to Scale

HYPR, the Identity Assurance Company, announced at Identiverse, the next phase in its market role, unveiling initiatives to deliver phishing-resistant identity assurance across all devices and applications. Headlining these developments are the “public launches of the HYPR Affirm identity verification solution trial and HYPR’s Workforce… Read More

Identity Verification Firm Veratad Technologies Announces Completion of SOC 2 Type 2 Examination

Veratad Technologies, a global enabler of identity verification, age verification, fraud prevention, and compliance solutions, is pleased to announce the completion of its SOC 2 Type 2 examination. This milestone reinforces Veratad’s dedication “to earning and maintaining the trust of its global clients through rigorous… Read More

European Regtech Fourthline Selected by Riverty to Provide KYC Tech

Fourthline, a pan-European fintech, has been chosen by Riverty to provide customer verification (KYC) technology, now live in both Germany and the Netherlands. Riverty, stands as an international financial services provider within the Bertelsmann Group. With over 50 years of industry experience, Riverty supports “more… Read More

Regtech HYPR Continues Business Expansion with Belgrade Office Amid Shift to Passkeys, Rising Deepfakes Threats

Regtech HYPR, the Identity Assurance Company, announced a significant acceleration of its global growth strategy with the opening of a new European Center of Excellence in Belgrade, Serbia. This second physical office will amplify the company’s capacity to serve its rapidly expanding worldwide customer base… Read More

Entrust, DocuSign Report Shows Higher Fraud Costs, Security/CX Tradeoff

This week, Entrust, a provider of identity-centric security solutions, and DocuSign (Nasdaq: DOCU) released the results of a joint global study examining the escalating costs of identity fraud and the trade-offs enterprises face between security and customer experience. The Future of Global Identity Verification research… Read More

European Regtech IDnow Announces Majority Investment from Corsair Capital

IDnow, an identity verification platform provider in Europe, today announced a new strategic investment from Corsair Capital, a specialist investment firm targeting payments, software, and business services investments in the financial services sector. With this transaction, Corsair will now reportedly acquire a majority stake in… Read More

Algebrik AI and Plaid to Streamline Loan Approvals with Enhanced Data Connectivity

Algebrik AI, a cloud-native, AI-powered loan origination platform, has announced a partnership with Plaid, a data network powering the digital financial ecosystem. This collaboration aims to transform the loan origination process for credit unions and financial institutions by integrating Plaid’s consumer-permissioned data with Algebrik’s platform…. Read More

Entrust Adds AI-Powered ID Verification

Entrust, a provider of trusted payments, identities, and data security, this week introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. In 2024, US businesses lost an estimated $112 billion to fraud, the equivalent of nearly 7% of their revenue. Modern attacks,… Read More

Regtech Prove Explains How to Implement Effective Identity Verification Framework

Identity verification APIs play a vital role in integrating applications in a way that establishes security, improves compliance, and streamlines user onboarding. This, according to an update from Prove. Prove explained that these tools are necessary for creating trustworthy digital ecosystems, as they address everything… Read More

Regtech: Biometric Authentication Provider authID Joins Accountable Digital Identity Association

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, announced it has become a member of the Accountable Digital Identity Association (ADIA), an open industry association created to drive the development of a standardized, interoperable framework for decentralized identity services to “ensure… Read More

Entrust Onfido Identify Verification Selected By PetProov to Enhance Transparency

Entrust, a global enabler of trusted payments, identities, and data security, announces a partnership with PetProov, an online platform that verifies pet buyers, breeders, and adopters. The collab will equip the PetProov platform with the Entrust Onfido identity verification (IDV) to bring “transparency, accountability, and… Read More

Regtech Trulioo Instant Results Capability Improves Identity Matching by Nearly 60%

Trulioo, an identity platform with worldwide coverage for person and business verification, announced its instant results capability helped an enterprise organization increase verification speed by 56%. Trulioo claims in its latest update that instant results has reduced the organization’s average onboarding time by “two seconds… Read More

Regtech Trulioo Expands Partnership with Global Payments Fintech Airwallex

Trulioo, an identity platform with proven global coverage for person and business verification, announced its partnership expansion with Airwallex, a global payments and financial platform for modern businesses. Since the two joined forces in 2017, Airwallex has integrated Trulioo Identity Document Verification, Business Verification and… Read More

World ID Introduced in Guatemala, Malaysia, Poland, Launch Comes at Key Moment for AI

New World ID has reportedly launched now in Guatemala, Malaysia and Poland come at pivotal moment for AI. As explained in a blog post by WorldCoin, World ID orb verifications have been officially introduced across three new countries this week: Guatemala, Malaysia and Poland. The… Read More

AuthenticID Launches Enhanced Smart ReAuth for Biometric Reauthentication

AuthenticID, a global company focused on identity verification and fraud prevention solutions, announced the newest release of Smart ReAuth. Smart ReAuth is a reauthentication solution “that leverages a selfie to re-confirm an identity. First released in 2021, this enhanced version offers verifications in less than… Read More

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