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ID Tech Digest – November 14, 2024

November 14, 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 Parliament Holds Historic First Debate […]

Mastercard to Replace Passwords with Biometric Authentication by 2030

November 14, 2024

Mastercard has unveiled plans to transform online shopping by eliminating manual card entry and passwords by 2030, replacing them with biometric authentication methods. The initiative aims to enhance both security […]

Mastercard Looks to Streamline e-Commerce with Payment Passkey Service

November 6, 2024

Mastercard has expanded its biometric payment authentication system with the launch of its Payment Passkey Service, which eliminates the need for one-time passwords (OTPs) by leveraging device-native biometric capabilities. The […]

ID Tech Digest – October 15, 2024

October 15, 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: Neglected ‘Alpha’ Channel Opens Door to […]

Mastercard Enters Age Verification Arena

October 15, 2024

Mastercard is getting into the age verification business, announcing a new “Identity Attribute Verification” service. In a blog post, the financial giant positions the service as a means of letting […]

ID Tech Digest – October 1, 2024

October 1, 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: Further EES Delays ‘Cannot Be Completely […]

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 […]

FPC-Infineon Collaboration Delivers New Fingerprint-scanning Card Solution

September 18, 2024

Fingerprint Cards and Infineon Technologies have launched a joint biometric payment card solution, dubbed “Secora Pay Bio”. The card complies with Visa and Mastercard specifications, and integrates Infineon’s SLC39B Secure […]

Mastercard and Smile ID Partner to Streamline Merchant Onboarding Across Africa

September 5, 2024

Mastercard has partnered with Smile ID, an African digital Know Your Customer (KYC) provider, to enhance and streamline the merchant onboarding process in over 50 African countries, including South Africa […]

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 […]

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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