“…previously, many economists believed that cryptocurrencies would act as shelter assets at times when other currencies and securities were plummeting in value.” In the midst of the COVID-19 pandemic and its terrible economic effects, cryptocurrencies are seeing increased adoption, even though the values of the cryptocurrencies themselves have plummeted, writes ZenGo in a new blog…
ZenGo is once again boasting about the strength of its face-based authentication technology after the CEO of a rival cryptocurrency wallet questioned the company’s security capabilities on Twitter. The original Tweet has since been deleted, but the exchange implied that ZenGo’s facial recognition could be spoofed with a high-quality image of the user. In its…
Jumio has received yet another award in recognition of its Jumio Authentication solution. The onboarding platform has been named the winner in the Best Use of Biometrics Category at the 2019 Payments Awards, which have recognized top achievements in the payments space for the past seven years. The Biometrics Category specifically recognizes a payments solution…
ZenGo has updated its cryptocurrency app to offer support for Ethereum’s ERC-20 tokens and other stablecoin currencies. Stablecoins are cryptocurrencies that have been tethered to a local currency, a precious metal, or some other commodity, which makes them less susceptible to the large price fluctuations that have been associated with other digital assets. According to…
The cryptocurrency specialist ZenGo has announced the formation of the MPC Alliance, an organization that will advocate for the more widespread use of multiparty computation (MPC) technology. ZenGo formed the MPC Alliance in conjunction with the MPC providers Unbound Tech and Sepior. In the announcement, ZenGo argues that MPC tech is particularly well-suited to blockchain…
“Our millions of users know ZoOm is already the best defense against digital identity fraud, but we believe it can become even stronger. We look forward to learning what new, imaginative ideas clever testers will employ to try to spoof ZoOm.” – Kevin Alan Tussy, CEO, FaceTec FaceTec is once again asserting its leadership in…
“The integration of FaceTec’s ZoOm, shown to be the most secure biometric authentication method available, provides a solid foundation of trust for the rest of our solution.” – Matthew Heuman, CEO, Neuvote Having developed one of the most sophisticated mobile biometric authentication solutions in play, FaceTec is now taking a big step into the world…
Having been live in the App Store for only a few weeks, ZenGo has updated its eponymous cryptocurrency app. Most of the enhancements concern the app’s redesigned user interface, with ZenGo calling it “the most handsome wallet you’ve ever seen” in its announcement. There’s a new “quick action” menu, and account balances can be upgraded…
“…ZenGo’s support for the Libra testnet paves the way for the integration of real funds once Libra goes live.” ZenGo has become the first consumer cryptocurrency wallet to support Libra, Facebook’s new offering in the growing digital currency market. To be clear, Libra hasn’t yet officially launched; what Facebook has made available at present is…
Looking back on this week’s most popular articles on Mobile ID World, it’s clear that money was the big theme. Breaking that broad theme down further, a major topic was digital wallets. Mezu and Mastercard announced a new digital debit card for mobile payments, and a cryptocurrency wallet revealed some hard evidence of the security…
“The lion’s share of credit for this achievement goes to FaceTec, which provided the ZoOm authentication software used by ZenGo.” Toward the end of June, cryptocurrency wallet provider ZenGo challenged its users — and any other interested hackers, really — to try to break into its wallet, offering a reward of one Bitcoin. And with…
FaceTec’s 3D face biometrics algorithm called “the best performing 1:1 face matching algorithm in history.” Biometric face authentication specialist FaceTec announced a major benchmarking breakthrough today, issuing a press release stating its ZoOm 3D FaceMap technology is is 668-percent better performing than the operating point of the National Institute of Standards and Technology (NIST) #1…
“It all helps to make the case for liveness detection, technology designed to ensure that a live user is present for every session of biometric authentication.” The OnePlus 7 Pro’s fingerprint sensor can easily be spoofed using basic materials including glue and tinfoil, as demonstrated by the YouTube channel Max Tech. The channel posted a…
Security exaggerations damage the industry’s reputation. They need to stop, says FaceTec. Recently in news that made it around the world, the latest flagship smartphone from Samsung was reported to be spoofed – again. As every hardware-based face and fingerprint biometric has been spoofed shortly after new phones were introduced, each highly visible incident casts…
Seeking to enhance the biometrics of its digital identity platform, Yoti has teamed up with 3D facial recognition specialist FaceTec. The companies have announced that the latter’s FaceTec ZoOm 3D Authentication solution is now part of the Yoti portfolio. A New Kind of ID At just about a year and a half after its launch,…
“The move is in keeping with Jumio’s recent push into Latin America…” Jumio is expanding its presence in Latin America with a new sales office in Brazil. The expansion effort will be led by newly appointed Regional Director Samer Atassi, who brings more than 25 years of strategic planning and international sales experience to the…
“With this technology now integrated into one of the most popular and successful mobile onboarding and authentication solution on the market, client organizations and end users will have access to a sophisticated authentication solution offering an unprecedented level of security.” Jumio has empowered its selfie-based authentication platform with the market’s only iBeta Level-1 and Level-2…
“FaceTec says that, all told, its Level-1 and Level-2 PAD testing involved over 3,300 spoofing attempts over a period of 12 days.” FaceTec has done it again. The company announced that it has now become the first and only company to attain Level-2 certification in the iBeta Presentation Attack Detection evaluation. The news comes after…
Every year, FindBiometrics’ Year in Review survey takes the pulse of the industry, gauging perceptions and attitudes across a range of topics. And while this year’s survey is as varied as ever, the topic of biometric testing is more important than ever. Standardized testing has long been an important component of the biometrics industry, particularly…
