financial services

IDEX Promotes CCO Eklof to Chief Executive

August 19, 2024

IDEX Biometrics has promoted Catharina Eklof, a former Mastercard executive, to the role of CEO. Eklof replaces Vince Graziani, who took the helm in 2020, and will continue to serve […]

Thailand Launches Selfie-based Digital Wallet Registration

July 25, 2024

Starting July 25, the Thai government is launching a digital wallet initiative allowing citizens to receive 10,000 baht (approximately $275 USD). Managed by the Ministry of Finance, this program aims […]

Trust Stamp Announces Strategic Alliance for Global Identity Consortium

July 24, 2024

Trust Stamp has entered into a Letter of Intent with Qenta Inc. for a strategic alliance aimed at integrating into a global Identity Consortium. This partnership will serve a federated […]

ID Talk: Biometrics from the Bank to the Airport, with Acuity’s Maxine Most

July 8, 2024

On the latest episode of the ID Talk podcast, Acuity Market Intelligence’s Maxine Most returns to provide an update on her ongoing Prism Project market research. Acuity is renowned in […]

Keyless’ Zero-Knowledge Biometrics Solution Comes to Temenos Exchange

July 5, 2024

Keyless’ passwordless authentication solution has arrived on the Temenos Exchange, broadening its availability to more financial services organizations. The Temenos Exchange is an open marketplace for fintech solutions operated by […]

iiDENTIFii Gets Luminary Status in Prism Financial Services Report

June 14, 2024

iiDENTIFii, a specialist in remote biometric identity verification, has been acknowledged as a Luminary in the latest Prism Financial Services report. The recognition highlights iiDENTIFii’s significant contributions and advancements in […]

Daon Brings Biometric Onboarding and Authentication to Major Nigerian Bank

June 6, 2024

A prominent Nigerian bank is now using Daon’s biometric technology for digital identity verification and authentication. Established in 1945, Wema Bank is one of the oldest indigenous banks in the […]

Identity News Digest – May 31, 2024

May 31, 2024

Welcome to FindBiometrics’ digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Zwipe Extends European Reach with Plasticard, Ermes […]

Prism Report Finds $40B Opportunity for Biometrics in Financial Services

May 30, 2024

A new report from Acuity Market Intelligence illustrates a remarkable growth opportunity for biometric technology in the financial services sector—and highlights some of the major players in this space. The […]

How AWS and FIDO Laid the Foundation for Footprint’s $13M Series A

May 23, 2024

“Meanwhile, the FIDO2 alliance agreed on a standard for private and secure auth–what Apple calls passkeys–in Q4 of 2022. This was the final missing piece we saw coming to let […]

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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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