financial services

Bank of Thailand Plans Trial of Biometric KYC Technology

October 7, 2019

Biometrics News The Bank of Thailand (BoT) has announced that it is moving forward with a test of biometric Know Your Customer (KYC) technology. The test will involve ten separate […]

Featurespace Outfits Mexican Credit Bureau with Behavioral Biometric Tech

October 4, 2019

Biometrics News – Behavioral Biometrics The Latin American credit bureau Círculo de Crédito is collaborating with Featurespace to bring the latter’s new anti-fraud platform to the Mexican market. Featurespace’s ARIC […]

Signicat Research Finds European Consumers’ Breaking Point for Online Onboarding

September 26, 2019

“Based on surveys of 3,500 adults across Finland, Germany, the Netherlands, Norway, the UK, and Sweden, Signicat’s report says that over half of all consumers are willing to go through […]

Taiwan Public Bank Deploys Kneron Face Recognition Tech

September 25, 2019

A public bank in Taiwan is upgrading its security capabilities with edge AI facial recognition technology from Kneron. The agreement came about thanks to Kneron’s arrangement with its systems integration […]

IDEMIA and Zwipe Team up on Simplified Biometric Card Solution

September 19, 2019

“… IDEMIA and Zwipe say that their solution will be distinguished by its relatively small number of components, with things like the Secure Element and the microcontroller all embedded in […]

House Hearing Sees FIDO Standards Venerated as Solution to Financial ID Challenges

September 18, 2019

The FIDO Alliance received considerable praise during last week’s House hearing on Identity in Financial Services. Speaking before the US House of Representatives Committee on Financial Services on behalf of […]

Swiss Investment Firm Commits to €4M in Backing for FacePhi

September 18, 2019

Spain-based biometric authentication specialist FacePhi has received some significant financial backing from Nice & Green, a Swiss investment firm that offers investment capital to small and medium-sized listed companies. The […]

New Daon Appointment May Hint at Stronger Government Focus

September 17, 2019

A former tech executive with some pretty substantial government experience is Daon‘s new President of Emerging Markets. In the tech world, John Sanders may be best known as a co-founder […]

Japanese Bank Begins Deployment of Biometric ATMs Featuring NEC Tech

September 12, 2019

“… Seven Bank has revealed that it has been working with facial recognition specialist NEC to develop these new ATMs, and that it will begin to replace current ATMs with […]

Fiserv Launches Biometric Self-Serve Kiosk for Banks

September 5, 2019

“It’s a self-service system for bank customers that can be deployed in a lobby or even in a drive-thru setup, enabling end users to check balances, make withdrawals, transfer funds, […]

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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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