fraud prevention

AuthenticID’s New Velocity Checks Put the Brakes on High-Frequency Fraud

October 2, 2024

Seattle-based AuthenticID has launched Velocity Checks, a new feature designed to enhance the detection of high-frequency fraud attempts. The solution integrates into AuthenticID’s existing identity verification platform and leverages biometric […]

Socure Teams with Dock on AI-secured Decentralized Identity

October 1, 2024

Socure and Dock have announced a partnership that could have a significant impact on the digital ID landscape. That’s because each company is a significant player in different areas of […]

Mastercard Upgrades ‘Identity Check’ Security for South Africans

October 1, 2024

Mastercard has unveiled improvements to its Identity Check program, aimed at enhancing security for South African cardholders during online transactions. The upgraded system incorporates the 3-D Secure 2.0 protocol, adding […]

ID Tech Digest – September 20, 2024

September 20, 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: Amid Stabilizing Market Conditions, Advent Looks […]

Pakistan’s Sindh Province Mandates Biometric Vehicle Registration

September 16, 2024

The Sindh government in Pakistan has introduced a new policy requiring mandatory biometric verification for vehicle registrations and transfers across the province. Led by Sindh Excise Minister Sharjeel Inam Memon, […]

Rwanda Pilots Biometric SIM Card Registration

September 12, 2024

Rwanda has launched a pilot program for biometric SIM card registration, integrating fingerprint and facial recognition technology to improve security and data accuracy. Under new regulations issued by the Rwanda […]

Voice Deepfake-focused Illuma Labs Raises $9M in Series A Funding Round

September 11, 2024

Illuma Labs, a fintech company specializing in voice authentication technology for banking contact centers, has raised $9 million in Series A funding. The round was led by LiveOak Ventures, with […]

iDenfy Secures Onboarding for Bitlocus Crypto Exchange

September 9, 2024

Lithuania-based identity assurance specialist iDenfy has announced a partnership with Bitlocus, a cryptocurrency exchange platform. The collaboration aims to enhance security on the Bitlocus platform by integrating iDenfy’s AI-powered biometric […]

Identity News Digest – September 6, 2024

September 6, 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: FaceTec’s ‘UR Codes’ Offer Transformative Potential—for Free […]

Kurds Look to Biometrics to Fight Payroll Fraud in Government

September 5, 2024

The Kurdistan Regional Government (KRG) is taking steps to address issues related to salary payments for civil servants by implementing biometric technology. Faced with delays in payments due to ongoing […]

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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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