ID Tech Digest – July 28, 2025
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: Credence ID Joins…
financial inclusion
Articles tagged with financial inclusion
Crypto Lender Uses World ID Iris Scans to Expand Access to Microloans
A San Francisco-based fintech startup is using biometric identity verification to power a new crypto lending platform aimed at underserved borrowers worldwide.…
ECCB Governor Backs Digital ID System to Boost Financial Access Across Eastern Caribbean
The Eastern Caribbean Central Bank (ECCB) is exploring a unified digital identification system aimed at transforming banking services and expanding financial…
Pakistan Mandates Biometric Checks for Mobile Wallet Cash Transactions
Pakistan’s central bank has introduced new rules requiring biometric verification for all cash transactions conducted over the counter through mobile wallet…
TymeBank Slams South Africa’s Massive Identity Verification Fee Hike as Threat to Affordable Banking
TymeBank CEO Karl Westvig has sharply criticized the South African Department of Home Affairs’ (DHA) decision to significantly increase fees for identity…
Algorand and Paycode Partner to Bring Blockchain-Based Financial Services to Underserved Communities
The Algorand Foundation has announced a new partnership with Paycode to help extend financial inclusion through blockchain technology. Paycode, a provider of…
Ethiopia Launches Fayda Digital ID System to Cover 90 Million Citizens by 2027
Ethiopia has officially launched the Fayda digital ID system, a foundational digital identity platform developed in collaboration with TECH5 and Visa. The…
Zambia Looks to Ethiopia’s Fayda Digital ID System for Public Services
Zambia has announced plans to adopt Ethiopia’s Fayda digital ID system as a model for its upcoming national digital identity initiative. The move is part of a…
Guyana Plans Biometric ID Card Rollout by Mid-2026
Guyana is preparing to launch a national biometric ID card system by mid-2026, aiming to modernize public services and enhance national security. Vice…
NEXT Biometrics Revenue Dips on India Aadhaar Program Delays, Pipeline Strong
NEXT Biometrics reported NOK 7 million in revenue for the first quarter of 2025, falling below expectations amid delays tied to India’s Aadhaar biometric…