financial services

Finastra Reports Data Breach Investigation, Potential Impact on Global Financial Clients

November 21, 2024

Finastra, a global fintech company providing software services to financial institutions, has launched an investigation into a recently discovered data breach following the detection of unusual system activity. The company […]

Collabria Financial Partners with Trulioo on Digital Identity Verification for Credit Unions

November 19, 2024

Collabria Financial Services, a major Canadian credit card issuer serving credit unions, has implemented digital identity verification technology through a new partnership with Trulioo. The integration aims to enhance the […]

ID Tech Digest – November 4, 2024

November 4, 2024

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: authID Secures $10M Deal to Provide […]

ID Tech Digest – October 30, 2024

October 30, 2024

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: IQE Abruptly Swaps CEO Amid Trade […]

Veridas Looks to Boost European Expansion with Key Executive Appointments

October 4, 2024

Veridas, a global provider of digital identity verification, anti-fraud, and biometric solutions, has announced the strategic appointments of Marco Gouw and Arianna Valente to propel its expansion in Europe. These […]

Mitek Finds New CEO for Next Phase of Growth

October 3, 2024

Mitek Systems, Inc., has announced the appointment of Edward H. West as its new Chief Executive Officer and member of its Board of Directors, effective immediately. Scott Carter, who has […]

Acuity Previews Government-focused Biometric Identity Report

October 1, 2024

Acuity Market Intelligence’s latest Prism report of 2024, focused on biometric and identity technology in the public sector, is now available to download as a preview. When released, the “Biometric […]

Major Irish Bank Turns to Selfie Biometrics for High-value Mobile Transactions

September 23, 2024

Allied Irish Banks (AIB) has announced the launch of a new feature called “Selfie Check” within its mobile banking application, allowing customers to authenticate larger payments using facial recognition. The […]

B-FY Plans U.S. Launch of ‘Authentication-as-a-Service’ Solution

September 6, 2024

Spanish technology firm B-FY will introduce its new Authentication-as-a-Service (AaaS) solution to the U.S. market at the Identity Week event in Washington, D.C. The solution, already introduced at Identity Week […]

Upgraded Smart ReAuth System Can Reverify Users in Less Than a Second

August 28, 2024

AuthenticID has announced an upgraded version of its Smart ReAuth solution, which enables the authentication of end users through a simple selfie. The solution was first launched in 2021, and […]

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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