Search Results for “Government”

Credence ID Strengthens IP Portfolio with Two Patent Awards

November 12, 2024 by ID Tech Editorial Team

Credence ID has been awarded two patents from the U.S. Patent and Trademark Office. The patents—No. 12107957, granted in October 2024, and No. 12013924, issued in June 2024—focus on digital identity authentication technology. They cover innovations … [Read more...] about Credence ID Strengthens IP Portfolio with Two Patent Awards

iDenfy Launches ‘Data Crossmatch’ Tool for KYB

November 12, 2024 by ID Tech Editorial Team

iDenfy, a Lithuania-based identity verification and fraud prevention company, has introduced a new Data Crossmatch feature powered by AI to streamline the Know Your Business (KYB) onboarding process. This latest addition to iDenfy's RegTech suite … [Read more...] about iDenfy Launches ‘Data Crossmatch’ Tool for KYB

ID Tech Digest – November 11, 2024

November 11, 2024 by Tony Bitzionis

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: UK Government Launches Digital Veteran Card System to Streamline Support Services The UK government … [Read more...] about ID Tech Digest – November 11, 2024

Commonwealth Bank of Australia Launches ‘NameCheck’ as Part of National Digital Identity Push

November 11, 2024 by ID Tech Editorial Team

Australia is taking significant strides in modernizing its digital identity verification landscape, with the Commonwealth Bank of Australia (CBA) and Minister Bill Shorten leading new initiatives to enhance security and efficiency in financial … [Read more...] about Commonwealth Bank of Australia Launches ‘NameCheck’ as Part of National Digital Identity Push

Hong Kong Launches Anonymous KYC Trial for Chinese Residents’ Stablecoin Access

November 11, 2024 by Ali Nassar-Smith

Hong Kong has launched a trial of an anonymous Know-Your-Customer (KYC) system designed to allow mainland Chinese residents to access stablecoin services while maintaining their data privacy. This initiative builds upon Hong Kong's existing digital … [Read more...] about Hong Kong Launches Anonymous KYC Trial for Chinese Residents’ Stablecoin Access

AI Update: The Physical World Awaits

November 8, 2024 by Alex Perala

Welcome to the newest edition of ID Tech’s AI update. Here’s the latest big news on the shifting landscape of AI and identity technology: Amazon is in talks for another multi-billion dollar investment in Anthropic, following a $4 billion deal … [Read more...] about AI Update: The Physical World Awaits

ID Tech Digest – November 8, 2024

November 8, 2024 by Tony Bitzionis

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: ActorShield Raises $3M to Protect Actors from AI Deepfakes ActorShield, a digital identity … [Read more...] about ID Tech Digest – November 8, 2024

ICE Seeks Partner for Biometric-Based Non-Citizen Supervision Program

November 8, 2024 by Cass Kennedy

U.S. Immigration and Customs Enforcement (ICE) is seeking an industry partner to implement a comprehensive non-citizen supervision program that will heavily rely on biometric identification and digital identity verification systems. The initiative, … [Read more...] about ICE Seeks Partner for Biometric-Based Non-Citizen Supervision Program

ID Tech Digest – November 7, 2024

November 7, 2024 by Tony Bitzionis

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: SITA and IDEMIA Partner to Enhance Digital Identity Security in Air Travel SITA and IDEMIA Public … [Read more...] about ID Tech Digest – November 7, 2024

Malaysia’s Targeted Fuel Subsidy Overhaul Would Use MyKad Biometric ID

November 7, 2024 by ID Tech Editorial Team

Malaysia's government is proposing a significant overhaul of its fuel subsidy system using MyKad, the national biometric identity card that has been in use since 2001. The proposal, announced by Economy Minister Rafizi Ramli, aims to implement a … [Read more...] about Malaysia’s Targeted Fuel Subsidy Overhaul Would Use MyKad Biometric ID

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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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