fraud prevention

ID Tech Digest – November 19, 2024

November 19, 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: Major Australian Retail Chain Found in […]

iDenfy Launches ‘Data Crossmatch’ Tool for KYB

November 12, 2024

iDenfy, a Lithuania-based identity verification and fraud prevention company, has introduced a new Data Crossmatch feature powered by AI to streamline the Know Your Business (KYB) onboarding process. This latest […]

ID Tech Digest – November 11, 2024

November 11, 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: UK Government Launches Digital Veteran Card […]

iProov and Biometrid Join Forces to Enhance Digital Identity Verification

November 5, 2024

iProov, a UK-based provider of biometric identity solutions, has entered into a strategic partnership with Biometrid, Portugal’s digital identity verification company. The collaboration aims to deliver digital identity verification solutions […]

BioCatch Tracks Significant Growth in Q3 Update

November 5, 2024

BioCatch, a provider of behavioral biometric technology for fraud detection, has reported 40 percent year-over-year growth in Annual Recurring Revenue (ARR) through Q3 2024. The growth comes amid increasing demand […]

LSEG Risk Intelligence Unveils AI-Driven Solutions for Global Payment and IDV

October 30, 2024

LSEG Risk Intelligence, a division of the London Stock Exchange Group (LSEG), has launched two verification solutions incorporating biometric authentication and digital identity validation to address evolving fraud challenges in […]

REACT-OnID and Serpro Partner on Anti-fraud IDV Across Latin America

October 30, 2024

REACT-OnID has established a partnership with Serpro, Brazil’s federal government technology agency responsible for processing over 2 billion transactions annually. The collaboration integrates REACT-OnID’s biometric identity platform with Serpro’s government […]

Discover Study Tracks Speed and Security Trends in Payment Industry

October 29, 2024

A comprehensive study by Discover Global Network has identified significant trends in the payments ecosystem, highlighting the accelerating shift toward instant payments and enhanced security measures. The research, conducted in […]

Veriff and Regula Announce Identity Verification Platform Developments

October 29, 2024

Two leading identity verification companies have announced significant developments in their technology offerings. Veriff, which has established itself as a pioneer in biometric authentication solutions, has launched Aadhaar Verification as […]

Vendor News Roundup – October 28, 2024

October 28, 2024

In addition to some of the bigger news stories unfolding in the identity technology landscape, this week has delivered a number of announcements from technology vendors active in the space. Here are the latest: […]

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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