Kuwait Orders Two-Factor Authentication on Low-Wage Salary Accounts to Curb Fake Payments
The Central Bank of Kuwait has told local banks to require two-factor authentication from December 31 for withdrawals, transfers and payments of 25 Kuwaiti…
banking
Articles tagged with banking
Gunma Bank Adds Cardless Face-Authenticated Transactions at Seven Bank ATMs
Gunma Bank customers can now deposit and withdraw cash at Seven Bank ATMs across Japan without a cash card, using face authentication instead. The regional…
Faydaverse Discloses Bank Charges for Fayda Identity Authentication
Faydaverse has been charging banks and other institutions for authentication through Ethiopia’s Fayda digital ID system since August, according to the…
South Korea Opens Government Mobile IDs to Four More Bank Apps
South Korea is opening its government mobile ID service to four additional banking apps, allowing users of IBK Industrial Bank of Korea, Shinhan Bank, Woori…
ID Tech Digest – October 12, 2026
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: Intercede…
ID Tech Digest – October 9, 2026
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: NEXT Biometrics…
Veridocs Expands Physical ID Authentication Into Banking
Veridocs is expanding its physical identity authentication business into banking, offering branch-level document checks to banks and credit unions. The company…
Bank of Sharjah Adds Emirates Face Recognition Authentication for Fund Transfers
Bank of Sharjah has begun using facial authentication from Emirates Face Recognition (EFR) to approve customer fund transfers, and plans to extend the…
NAB Plans Encrypted Mobile Licence Checks at Selected Queensland Branches
National Australia Bank plans to introduce encrypted mobile driver licence checks at selected Queensland branches this month, allowing customers to send…
Proof Launches Portable Digital Identity Credential for Banks
Proof has made a reusable Verifiable Digital Credential generally available to banks and other organizations through its platform and APIs. The user-held…