Search Results for “Finance”

Identity News Digest – June 28, 2024

July 1, 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: ITRC Research Charts Slight Decline in Identity Fraud, and Increase in Severity of Cases The … [Read more...] about Identity News Digest – June 28, 2024

With World Bank Funding in Place, Nigeria Pursues National ID Program

July 1, 2024 by Alex Perala

The World Bank has now provided $45.5 million to Nigeria's National Identity Management Commission (NIMC) as part of the Digital Identification for Development (ID4D) project, and the NIMC has now re-engaged with Idemia to upgrade its biometric … [Read more...] about With World Bank Funding in Place, Nigeria Pursues National ID Program

Identity News Digest – June 27, 2024

June 27, 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: ID R&D Gets US Patent for Tech to Fight Voice Deepfake Threat ID R&D has been granted … [Read more...] about Identity News Digest – June 27, 2024

Fraud Allegations Imperil Congo’s Biometric ID Project

June 21, 2024 by Tony Bitzionis

The biometric national ID card project in the Democratic Republic of Congo (DR Congo) is facing possible cancellation due to allegations of financial irregularities. The $697 million contract, awarded to a consortium including Afritech and the … [Read more...] about Fraud Allegations Imperil Congo’s Biometric ID Project

Arritech Launches KYC Risk Management Platform

May 17, 2024 by Alex Perala

Arritech has unveiled QGen Online 2.0, an AI-powered risk management platform designed to simplify and enhance Know Your Customer (KYC) processes for regulated industries, including finance, real estate, gaming, and cryptocurrency. QGen Online … [Read more...] about Arritech Launches KYC Risk Management Platform

Identity News Digest – May 14, 2024

May 14, 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: Niobium Raises $5.5M to Advance Biometric Data Security with FHE Chip Niobium, a company … [Read more...] about Identity News Digest – May 14, 2024

Encryption Startup Niobium Raises $5.5M

May 13, 2024 by Alex Perala

Niobium, a custom silicon provider specializing in Zero Trust Computing, has secured $5.5 million in seed funding to further develop and commercialize its fully homomorphic encryption (FHE) accelerator chip. FHE is a type of encryption that … [Read more...] about Encryption Startup Niobium Raises $5.5M

Identity News Digest – April 30, 2024

April 30, 2024 by Alex Perala

Welcome to FindBiometrics’ digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Hong Kong Tech Boffins Look to Biometrics, AI for ‘Smart City’ Boost The Hong Kong Applied … [Read more...] about Identity News Digest – April 30, 2024

Tunisia to Get Biometric IDs in H1 of 2025

April 23, 2024 by Alex Perala

Tunisia is moving to adopt biometric ID cards and passports in line with International Civil Aviation Organisation (ICAO) recommendations, with the new system to be implemented in the first half of 2025. A ministerial working session has set a … [Read more...] about Tunisia to Get Biometric IDs in H1 of 2025

Russian Delegation to Showcase FRT in Dubai

April 22, 2024 by Alex Perala

Facial recognition technology will be among the products and services that Russian delegates will pitch to the Middle Eastern business community at an event in Dubai this week. Organized by the "Russian Export Center", the event will run at the … [Read more...] about Russian Delegation to Showcase FRT in Dubai

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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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