Worldcoin Faces Scrutiny in Singapore Over Account Sales and Data Privacy Concerns
Worldcoin, the cryptocurrency project led by Sam Altman, is under scrutiny in Singapore due to concerns about account sales and the use of biometric data […]
FinTech
Big Names Join UK Coalition for Corporate Digital ID Research
The UK government-backed Centre for Finance, Innovation and Technology (CFIT) has partnered with leading banks and technology firms to test the use of corporate digital […]
Mobile Biometrics Pioneer Names New Strategy, Tech Officer
Swedish biometrics firm Fingerprint Cards (FPC) has announced the appointment of David Eastaugh as its new Chief Strategy and Technology Officer (CSTO), effective August 19, […]
NZ Academics Warn of Risks in Tying Digital ID to Currency
New Zealand’s central bank has opened a consultation on Central Bank Digital Currencies (CBDCs), and a group of academics is warning that its links to […]
Passkeys Come to Payments via New Visa Service
Visa has brought passkeys to payments, announcing that customers can now authorize payments through a biometric scan on their smartphone or computer when making a […]
CLEAR Acquires Reusable Credential Specialist, Enters Financial Services Market
CLEAR, known for its biometric airport screening and venue access program, has marked its entry into the financial services sector with the acquisition of Sora […]
£10M Lloyds Investment to Fuel Development of New Yoti Solution
Lloyds Banking Group has made a £10 million investment in digital identity specialist Yoti, a fellow United Kingdom-based firm. The investment comes as Yoti enjoys […]
Selfie Onboarding Pioneer Saw Best Year to Date in 2022
“The figures obtained in 2022 endorse our business strategy, focused on offering a more flexible product that can be adapted to the needs of the […]
Daon, Veriff, and FacePhi Developments Show Ascent and Expansion of Selfie Onboarding
A trio of announcements concerning selfie-based onboarding suggest the technology continues to enjoy substantial momentum and expand into newer application areas. The facial recognition-based approach […]
Daon Delivers Selfie Onboarding for Philippines’ GoTyme
GoTyme Bank, a newly-launched digital bank serving the Philippines, is using Daon‘s IdentityX platform for customer onboarding. While IdentityX supports multiple biometric modalities, GoTyme has […]
Kash Money Transfer App Secures High-Value Transactions With Selfie Biometrics
Namutek, a Costa Rica-based FinTech startup, is now using FacePhi technology for customer onboarding on its Kash app. The mobile app offers free peer-to-peer transactions […]
NXP and Samsung Move Forward With UWB Payment Trial
Samsung and NXP Semiconductors are once again trying to demonstrate the potential of Ultra-Wide Band (UWB) technology. To that end, the two companies are participating […]
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