Tagged: identity verification

November 11, 2023 @ 6:43 am By Omar Faridi  |  

Veriff, a global identity verification (IDV) provider, announced significant updates to its fully automated IDV product. The solution uses advanced machine learning “to enable a 100% automated identity verification process with zero human involvement.” With the enhanced IDV solution, customers “have access to a fast… Read More

November 6, 2023 @ 9:29 am By Omar Faridi  |  

Onfido, the global automated identity verification, released the results of a study surveying over 1,500 business leaders, examining perceptions, challenges and usages of artificial intelligence (AI). Respondents were from financial services, gaming, retail, healthcare, transportation, legal and telecom industries, “across the US, UK, and Italy.”… Read More

November 1, 2023 @ 6:07 pm By Omar Faridi  |  

AU10TIX, a global technology leader in identity verification and management, announced the availability of its ID Document & Biometric Verification platform and Reusable Digital ID solution in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. AU10TIX’s fully automated… Read More

October 30, 2023 @ 9:02 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, introduced its first-party fraud solution, Sigma First-Party Fraud, powered by the concurrent launch of its First-Party Fraud Consortium (FPFC). The consortium is unifying companies “to tackle the complicated, multi-industry issue of first-party fraud by pooling… Read More

October 29, 2023 @ 11:22 pm By Omar Faridi  |  

Onfido, the global firm focused on automated identity verification, announced a partnership with Job&Talent, a marketplace headquartered in Spain, for essential work. Together, they will automate remote identity verification “for new candidate onboarding, eliminating the need for in-branch visits.” Onfido’s technology helps Job&Talent accelerate customer… Read More

October 24, 2023 @ 10:09 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity verification, risk assessment and compliance solutions, today unveiled at Money20/20 USA Jumio 360° Fraud Analytics, its new fraud-fighting technology that uses AI-driven predictive analytics to identify fraud patterns with more sophistication and accuracy than ever before. According to… Read More

October 19, 2023 @ 3:04 pm By JD Alois  |  

Trulioo has been selected by JP Morgan (NYSE:JPM) to provide identity verification for payments globally. This is for both individual and business validation. Trulioo did not shed light on the agreement but working with JPM is quite a validation of their services and the contract… Read More

October 18, 2023 @ 10:01 pm By Omar Faridi  |  

Prove Identity, Inc., a global firm focused on digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The new funding from the investment round, “supported by over 40% new international customer growth year to date, reinforces… Read More

October 18, 2023 @ 7:25 pm By Omar Faridi  |  

AU10TIX, a global technology firm focused on identity verification and management, today released its Q2 2023 Global Identity Fraud Report. Drawing insights from millions of transactions processed in 249 countries from April to June 2023, the report “identifies emerging regional and industry-specific patterns of ID… Read More

October 11, 2023 @ 6:11 am By Omar Faridi  |  

Onfido, the global firm focused on automated identity verification, announced the results of its partnership with umob, a Mobility as a Service (MaaS) platform that is “transforming the shared mobility and public transportation experience.” Since integrating Onfido’s technology, umob can verify new users “in under… Read More

October 10, 2023 @ 9:33 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity verification, risk assessment and compliance solutions, announced the expansion of its strategic partnership with NextWealth, a pure play data services provider. Jumio’s AI-powered solutions have “reached record-breaking high automation and quality rates.” With this enhanced partnership, NextWealth will… Read More

October 9, 2023 @ 9:07 am By Tony Zerucha  |  

This week, Trulioo, a global identity verification platform, announced new research revealing that 79% of responding organizations have experienced business identity theft, which involves defrauding, extorting or stealing money from a company. The findings stem from the Trulioo September 2023 Global Know Your Business (KYB)… Read More

October 8, 2023 @ 6:26 pm By Omar Faridi  |  

Digital identity verification is a term that is rapidly evolving and often is given different definitions. Juniper Research considers digital identity to be: ‘A digital representation of an entity; this can be one or more individual pieces of identifying data, an event, or a signal… Read More

October 8, 2023 @ 3:42 pm By Omar Faridi  |  

Veriff, a global identity verification (IDV) provider, launched its new Fraud Protect & Fraud Intelligence packages. These offerings aims to “provide organizations powerful tools and expertise to mitigate fraud attempts and verify more genuine users efficiently.” Each package is tailored “towards meeting the specific needs… Read More

October 5, 2023 @ 6:58 am By Omar Faridi  |  

Building upon its passwordless authentication expertise, HYPR announced the unified solution for securing the modern identity lifecycle, providing organizations with complete confidence that an individual is who they claim to be at all times. The new solution reportedly “combines the strongest modern authentication capabilities with… Read More

September 22, 2023 @ 5:22 am By Tony Zerucha  |  

iProov, a global provider of facial biometric solutions, this week announced a new integration with Ping Identity, a provider of seamless and secure digital experiences. The former will leverage PingOne DaVinci, a no-code identity orchestration service. The union allows joint customers to bring iProov’s biometrics… Read More

September 21, 2023 @ 12:11 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has achieved 376% revenue growth from 2019 to 2022 and appointed seasoned technology professional Aaron Barfoot as the company’s new Chief Financial Officer to help drive Socure’s next phase of growth. Barfoot reportedly “brings over… Read More

September 20, 2023 @ 12:55 pm By Omar Faridi  |  

AU10TIX, a global technology firm focused on identity verification and management, today announced that Guesty, the property management platform for the short-term rental and hospitality industry, has selected AU10TIX’s fully automated identity verification (IDV) solution to help meet global regulatory requirements and minimize fraud risk…. Read More

September 17, 2023 @ 11:14 am By Omar Faridi  |  

State Bank of India (SBI), India’s largest bank, announced reduced customer verification time from 24 hours to just minutes in a partnership with Onfido, the global provider of automated identity verification and authentication solutions. SBI (UK) Ltd, the subsidiary of SBI in the UK, is… Read More

September 15, 2023 @ 4:30 pm By Omar Faridi  |  

A “top 60” law firm chooses Onfido to enable automated identity verification, reducing client verification time from days to minutes. Onfido, the global leader in automated identity verification, announced a partnership with Taylor Rose MW, a top 60 independent law firm, “to provide automated and… Read More