Mastercard is moving forward with a pilot of a new digital identity service that would facilitate secure identity checks in digital and real-world settings. The first tests will be carried out in Australia, and specifically at the Australia Post and Deakin University. The new solution was designed as a replacement for physical ID documents. To…
Simeio Solutions has released a new identity verification app that utilizes facial recognition to confirm the validity of an official government ID. The app has been dubbed the Simeio Identity Vault, and it is available for iOS and Android devices and through the web. Identity Vault was designed to lower the cost of identity proofing…
The Swiss company b-sharpe has turned to Onfido for secure onboarding and identity verification. b-sharpe is an online currency exchange platform that provides individuals and businesses with transparent pricing for currency exchanges. The company has cleared 1 billion Swiss Francs in transactions for 14,000 customers, and claims to save those customers around 70 percent when…
GetID, a new Estonian-based Know Your Customer (KYC) identity verification company is featured at this year’s Slush Helsinki 2019 tech startup and investor conference. The main focus of GetID’s KYC platform is fraud prevention, with their goal being to make identity spoofing and money laundering using fake documents impossible. They are also currently working on…
In anticipation of an approaching holiday shopping season in which the vast majority of consumers plan to do their shopping online, American consumer credit reporting agency TransUnion has released its 2019 Holiday Retail Fraud Survey. A key finding of the survey of 2,593 American adults conducted in October by TransUnion centred around the threat of…
Veriff Station has completed its closed beta and is now available to the general public. The digital identity and verification platform formally launched in October. Developed by Veriff, Veriff Station was built with an eye towards smaller enterprises, and was designed to be an affordable and accessible anti-fraud solution. Veriff has continued to improve the…
Citizens of New South Wales can now use their smartphones as valid photo identification several years after the program was initially proposed by the state government. NSW joins South Australia, which launched a similar program in 2017, making them among the only places in the world where citizens can have a license issued in a…
Signicat’s identity verification services are now available in more than 208 countries around the world. The company has also rebuilt its API to make it easier to integrate new digital identity verification methods into its flagship Signicat Digital Identity Platform. The news suggests that Signicat is already seeing a return after its recent acquisition of…
Veratad will be in attendance at this year’s Money20/20 USA event, and what’s more, the company is acting as a sponsor. Veratad is best known for its IDresponse platform, a suite of solutions including age and identity verification along with knowledge-based authentication and identity document verification with biometrics. These solutions offer a range of applications,…
Jumio has been recognized as a Representative Vendor by Gartner’s Market Guide for Identity Proofing and Corroboration for the second straight year. Jumio, a provider of biometric and artificial intelligence-enabled trusted identity as a service was recognized by the report from a field of several other providers of identity proofing and corroboration. The Guide states…
Yoti and LedgerState recently paid a visit to the Concordia Summit at the UN Assembly in New York to showcase a new digital identity solution designed for governments and developing economies. The solution blends Yoti’s Doc Scan identity and document verification platform with LedgerState’s blockchain tech to deliver a secure, decentralized form of identity. According…
Another digital service is making use of Yoti’s secure identity verification technology. Student Nannies is a site that connects students looking for extra work to working parents looking for affordable childcare. The site allows the students to sign up for free and set their rates and availability, and allows busy parents to select a babysitter…
Yoti is teaming up with RefNow in an effort to make the hiring process less of a hassle for employers and candidates alike. RefNow is a London-based human resources company that tracks down and contacts people’s employment references, which saves companies the trouble of doing it themselves. To use the platform, employers submit the name…
Yoti has announced that its services will once again be available to public organizations in the UK as part of the country’s Crown Commercial Services G-Cloud framework. G-Cloud is a list of approved cloud services that was created to make it easier for public entities to purchase those services without the need for a lengthy…
Yoti will be making an appearance at this week’s Sparkle Weekend event in an effort to learn more about the unique identity issues facing the transgender community. Organized by the UK transgender charity Sparkle, the Sparkle Weekend is a free-to-attend festival that promotes positive representation and celebrates gender diversity. Yoti will be setting up in…
Ipsidy is trying to simplify identity verification and authentication with a new web browser interface that does not require any back-end coding or software integration. Dubbed the Identity Portal, the new platform combines Ipsidy’s flagship Proof and Verified services to enable mobile identity verification and authentication with minimal technical expertise. Proof is a mobile document…
“The integration will drastically speed up the onboarding process for mobile banking, which can ordinarily take up to two weeks with a digital account.” Bahrain’s Bank ABC is rolling out a new mobile-only banking service, and is asking Jumio to help make it happen. Specifically, the bank will be integrating Jumio’s Identity Verification platform, which…
Signicat has integrated the Yes open identity scheme into its Digital Identity Platform. Yes’s scheme essentially functions like a more secure version of Facebook, allowing users to perform a single sign-in to gain access to a range of digital services from participating businesses. The difference is that Yes customers log in through their bank rather…
The demand for digital identity and document verification services is expected to skyrocket as the technology continues to improve. At least, that’s the takeaway from a new report from Goode Intelligence, which predicts that the market for such tech will hit $15 billion by 2024. According to the report, identity and document verification is so…
