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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 […]

J.P. Morgan Plans More Biometric Payments Pilots with PopID

August 6, 2024

J.P. Morgan Payments has announced an expansion of its collaborative partnership with biometric payments specialist PopID, signalling the financial giant’s growing interest in letting consumers authorize purchases with a face […]

IDEX Biometrics Receives BCC Production Order

June 17, 2024

IDEX Biometrics has received a production order from Beautiful Card Corporation (BCC) after BCC obtained a Letter of Approval (LoA) from Mastercard. The approval enables the global issuance and deployment […]

Deepfakes Could Push Financial Fraud Losses to $40B by 2027: Deloitte

June 13, 2024

The consultancy Deloitte is flagging the intensifying risk of deepfake technology in financial services fraud. In a new report, Deloitte’s Center for Financial Services predicts that generative AI could drive […]

Mastercard Brings Biometric Checkout Program to Europe

June 10, 2024

Mastercard, in collaboration with Empik and PayEye, has launched its Biometric Checkout Program in Poland, marking its first in-store biometric payment pilot in Europe. The initiative allows customers to use […]

Identity News Digest – June 5, 2024

June 5, 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: Innovatrics Boosts Passive Liveness Detection Accuracy Innovatrics […]

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/

Decentralization of data is key for maintaining personal privacy, data protection and digital security. Yet, today’s solutions fall short. Centralized databases are prone to hacks and device-based solutions leave gaping security holes that fraudsters exploit. Anonybit goes to the root of the problem – how biometric data is stored and managed. Instead of building higher walls around centralized databases or storing biometrics on devices only to use passcodes as a fallback, we ask, what if there was no data to find? What if there was no biometric template to store? Welcome to Anonybit. The world’s first FULLY decentralized biometrics, where personal privacy meets digital security. 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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