Welcome to ID Tech’s digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today:
Credence ID Joins MOSIP Marketplace as Qualified System Integrator
Credence ID has officially joined the MOSIP Marketplace as a qualified System Integrator, enabling it to support open-source digital ID deployments around the world. The company completed a technical evaluation and will collaborate on national ID projects in countries including Sri Lanka, Zambia, Nigeria, and Burkina Faso.
South Korea Approves Lotte Card’s Facial Recognition Payment System
South Korea’s Financial Services Commission has approved Lotte Card’s facial recognition payment service for pilot use at airports and duty-free stores. The system enables cardless, contactless payments using facial biometrics and operates under the country’s financial innovation sandbox. Nationwide rollout remains pending.
Federal Bank Launches India’s First Biometric Authentication for E-Commerce Card Payments
Federal Bank has introduced India’s first biometric checkout system for online card payments. Built with M2P and MinkasuPay, the system uses fingerprint or Face ID and meets RBI’s two-factor authentication standards. It’s live on select merchant apps and designed to speed up secure transactions.
OpenID4VCI Interoperability Tests Show 87 Percent Success Rate
The OpenID Foundation says its OpenID for Verifiable Credential Issuance (OpenID4VCI) spec achieved 87 percent success in global interoperability testing involving seven issuers and five wallet providers. The results are being shared with international standards bodies and digital ID programs such as the EU’s EUDI Wallet.
Yoti Boosts Teen Accuracy in Facial Age Estimation Ahead of UK Safety Law
Yoti has improved the accuracy of its facial age estimation technology for teenagers aged 13–17, achieving a mean absolute error of 1.1 years. The update comes as the UK’s Online Safety Act takes effect. Yoti’s system is now in use across online platforms and in-store age verification pilots.
Google to Pay $8.75M in Biometric Privacy Settlement Over Student Data
Google has agreed to pay $8.75 million to settle a BIPA class action over its alleged collection of biometric data from Illinois students using Google Workspace for Education. Eligible class members may receive between $30 and $100. Final approval is expected in October 2025.
Crypto Startup Uses Iris Scans to Issue 30,000 Microloans
Divine Research, a fintech startup, has issued around 30,000 microloans since December 2024 using iris-based identity verification from World ID. Loans are under $1,000 and paid in USDC. The platform targets underbanked borrowers and operates on a decentralized peer-to-peer investment model.
BSF Deploys 5,000 Body Cameras and Biometrics at India-Bangladesh Border
India’s Border Security Force has rolled out over 5,000 body-worn cameras and new biometric capture systems along the Bangladesh border. The cameras record arrests and encounters, while biometric devices capture fingerprints and iris scans for interagency identity checks via the Foreigners Registration Office.
By the ID Tech Editorial Team