In a move to help drive the adoption of digital keys, mobile identification and eMoney tools, Google has formed the Android Ready SE Alliance to facilitate the creation of open-source, validated and ready-to-use SE Applets. Get the Full Story Complete the form to unlock this...
People visiting Abu Dhabi’s Yas Island can use facial recognition technology to access the resort’s theme parks — Ferrari World, Yas Waterworld and Warner Bros World — and make contactless payments, NFCW reported. The new FacePass service enables visitors to have their identity authenticated at turnstiles...
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Crypto traders are often eager to quickly set up accounts on exchanges so they can begin transacting before prices shift, but platforms risk fraud if they cut corners on KYC checks, says Stephen Cheng, chief compliance officer of financial infrastructure provider PrimeTrust. In the Future...
Mexican neobank albo has integrated Acuant’s Trusted Identity Platform to offer a digital know your customer (KYC) experience for clients and to attain compliance with anti-money laundering (AML) rules set by the Mexican authorities, according to a Tuesday (March 23) press release emailed to PYMNTS....
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Claiming the largest funding round ever in the digital identity space, Jumio announced Tuesday (March 23) that it has secured a $150 million investment from private equity firm Great Hill Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Many banks are still tackling key onboarding tasks in person — even though today’s digital-minded consumers find cumbersome, manual account sign-ups unacceptable. But smart identification processes that leverage biometrics can simplify ID verification and help banks identify customers in real time, Angel Kadelski, head of...
As of this week, Mastercard and Samsung have confirmed a partnership agreement in Korea that will see them develop a biometric card that uses a built-in fingerprint sensor to authorize in-store transactions. The card, according to reports, will be developed using Samsung’s System LSI Business’...
