ID Tech Digest – March 24, 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: Gemini said…
banking
Articles tagged with banking
Retail Bank Renews BIO-key Fingerprint Identity Contract for $1.04 Million
BIO-key International has announced a $1.04 million license renewal and expansion from a foreign retail bank that has deployed the company’s fingerprint…
CIMB Adds Biometric Authentication to SecureTAC Approvals in OCTO App
CIMB, one of Southeast Asia’s largest banking groups, has added biometric authentication to transaction approvals in its CIMB OCTO App, requiring customers to…
Norway Tests Homomorphic Encryption With Mobai for Biometric Template Protection
Norway’s financial sector is evaluating privacy-preserving biometrics using homomorphic encryption for template protection, with facial biometrics specialist…
Saudi Arabia’s Central Bank Approves Visitor ID for Bank Account Opening
The Saudi Central Bank (SAMA) has authorized the use of the government-issued Visitor ID to open bank accounts, expanding access to financial services for…
Ethiopia Mandates Faida Digital ID System for New Bank Accounts in Addis Ababa
The National Bank of Ethiopia (NBE) has implemented a new requirement mandating all banks in Addis Ababa to use the Fayda digital ID system when opening new…
Australia Launches National Digital ID System with Social Media Age Verification Requirements
Australia is implementing a comprehensive nationwide Digital ID system designed to enhance cybersecurity and combat data theft, building on the foundation…
Vietnam’s Bank Biometrics Requirement Faces Bumpy Rollout
Vietnam’s new biometric verification requirement for banking is rolling out with a few hiccups, according to local reports. Since July 1, bank customers have…
AuthenticID’s New Deepfake Detection System Scans Images, Text, and Behaviors
Seattle-based AuthenticID has launched a new system designed to detect deepfakes and generative AI injection attacks. The solution is aimed at guarding against…
Worldcoin Raises $115M Series C to Fuel Biometric UBI Efforts
Worldcoin has raised $115 million in a Series C funding round led by Blockchain Capital, with contributions from a16z crypto, Bain Capital Crypto, and…