Prelude Raises $8M to Combat SMS Verification Fraud with Smart Broker Technology
Paris-based SMS verification technology company Prelude has secured $8 million in seed funding led by Singular and Seedcamp. The company, founded in 2022 by Matias […]
fraud prevention
Nametag Introduces Deepfake Detection to Bolster Identity Verification Security
Nametag has launched Deepfake Defense, a new feature designed to detect and block deepfake attacks using generative AI technologies. Announced at the Oktane conference, this […]
New Partnerships Drive Growth in the Digital ID Ecosystem
The digital identity ecosystem is seeing rapid growth, marked by new partnerships focused on enhancing security, improving user experiences, and reducing fraud risks across industries. […]
New ISO/IEC Standard Expands Remote Identity Verification via Mobile Driver’s License
The recently published ISO/IEC TS 18013-7:2024 standard enables the remote use of mobile driver’s licenses (mDLs) for digital identity verification. Developed by the International Organization […]
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 […]
Somalia Plans to Integrate Biometric National ID with Banking Sector
The Somali government is preparing to launch a national digital identification system that will integrate the country’s biometric National ID with the banking sector. This […]
HyperVerge Achieves Full Compliance in DHS Remote Identity Validation Technology Demonstration
Bengaluru-based HyperVerge has successfully met all benchmarks in the U.S. Department of Homeland Security Science and Technology Directorate’s (DHS S&T) Remote Identity Validation Technology Demonstration […]
Socure Joins Effort to Upgrade Login.gov Identity Verification
Socure is getting involved in America’s most high-profile project to establish secure access to government e-services. The company has announced that it will work with […]
NatWest Leverages Digital ID Tech to Smooth Business Transactions in Scandinavia
NatWest, the prominent United Kingdom bank, has announced plans to use OneID’s digital identity system for its Structured Finance business in Finland, Norway, and Sweden. […]
ITRC Annual Report Tracks AI-fuelled Fraud Trends
The Identity Theft Resource Center has published its latest annual report, highlighting significant trends and changes observed in 2023, and underscoring the evolving tactics of […]
Vietnamese ‘FaceID’ System Gets ISO 30107-3 Certification
Viettel’s electronic Know Your Customer (eKYC) system has achieved the ISO 30107-3 certification for facial recognition (FaceID) at level 2, making it the first and […]
Startup waIt.id Offers ‘Decentralized Identity Playbook’
Vienna-based digital ID startup waIt.id has some ideas about organizations should go about designing and implementing decentralized identity systems and digital wallets. The “Decentralized Identity […]
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