Search Results for “Finance”

Pakistan’s Sindh Province Mandates Biometric Vehicle Registration

September 16, 2024 by Alex Perala

The Sindh government in Pakistan has introduced a new policy requiring mandatory biometric verification for vehicle registrations and transfers across the province. Led by Sindh Excise Minister Sharjeel Inam Memon, the policy aims to enhance … [Read more...] about Pakistan’s Sindh Province Mandates Biometric Vehicle Registration

Congo Cancels $1.2B Biometric ID Contract

September 4, 2024 by Alex Perala

The Democratic Republic of Congo (DRC) has canceled a $1.2 billion contract aimed at establishing a national biometric ID system. The project was meant to be handled by IDEMIA in partnership with the intermediary Afritech, but was called off on … [Read more...] about Congo Cancels $1.2B Biometric ID Contract

Academics Weigh In on Ethics and Risks of Biometric Tech

August 31, 2024 by Tony Bitzionis

With biometric technologies becoming increasingly commonplace, more academic experts are weighing in on their ethical and regulatory implications. In a lecture at The New York Academy of Science's, Harvard's Becerra Sandoval recently explored the … [Read more...] about Academics Weigh In on Ethics and Risks of Biometric Tech

Romania Now Requires Biometric Data from Citizenship Applicants

August 30, 2024 by Alex Perala

The Romanian government has implemented new measures regarding the use of biometrics in citizenship. Starting from September 1, 2024, applicants seeking to obtain or reacquire Romanian citizenship will be required to provide biometric data, which … [Read more...] about Romania Now Requires Biometric Data from Citizenship Applicants

Identity News Digest – August 22, 2024

August 22, 2024 by Tony Bitzionis

Welcome to FindBiometrics’ digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: India’s Airtel Bank Launches Biometric Anti-fraud System Airtel Payments Bank has introduced a … [Read more...] about Identity News Digest – August 22, 2024

Identity News Digest – July 25 2024

July 25, 2024 by Tony Bitzionis

Welcome to FindBiometrics’ digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: NIST Updates PIV Standard, Seeking FIPS 201 Alignment The National Institute of Standards and … [Read more...] about Identity News Digest – July 25 2024

Thailand Launches Selfie-based Digital Wallet Registration

July 25, 2024 by Tony Bitzionis

Starting July 25, the Thai government is launching a digital wallet initiative allowing citizens to receive 10,000 baht (approximately $275 USD). Managed by the Ministry of Finance, this program aims to boost the economy in the fourth quarter of the … [Read more...] about Thailand Launches Selfie-based Digital Wallet Registration

NatWest, OneID Seeks to Streamline Digital Business in Scandinavia

July 15, 2024 by Alex Perala

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. The move means that anyone with an online banking account in any of these … [Read more...] about NatWest, OneID Seeks to Streamline Digital Business in Scandinavia

Identity News Digest – July 10, 2024

July 10, 2024 by Tony Bitzionis

Welcome to FindBiometrics’ digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Worldcoin Launches Dev Preview for Digital ID Blockchain Worldcoin has launched the developer … [Read more...] about Identity News Digest – July 10, 2024

Worldcoin Launches Dev Preview for Digital ID Blockchain

July 9, 2024 by Alex Perala

Worldcoin has officially launched the developer preview of its World Chain blockchain, setting an important milestone as it seeks to build a global digital identity platform. The aim is to give developers an opportunity to play around with the … [Read more...] about Worldcoin Launches Dev Preview for Digital ID Blockchain

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Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/

Anonybit is a privacy-focused technology platform that provides decentralized solutions for securing personal data, particularly biometric information. Rather than storing sensitive data in centralized repositories, which are vulnerable to breaches, Anonybit uses a distributed architecture that breaks data into smaller encrypted bits and stores them across a network of decentralized nodes. This approach ensures that no single entity has access to the full dataset, enhancing privacy and security, even preventing insider threats. Anonybit is used by leading banks, fintechs and other enterprises for critical biometric identity functions like deduplication and blocklist checks, step up authentication, passwordless login and account recovery https://anonybit.io/

Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai

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