Changpeng Zhao, CEO of cryptocurrency exchange Binance, said only 3% of the company’s users left the exchange after know your customer (KYC) processes were made mandatory, Cointelegraph reported Wednesday (Nov. 17). Binance moved to take compliance seriously and implemented its own KYC requirements for all...
Mastercard, Amigo Edu and idwall are teaming up to bring digital identification to students taking virtual exams in Brazil, with an eye on transforming the education system for a secure and inclusive testing experience, according to a press release on Thursday (Nov. 11). The partnership...
Mastercard-owned eCommerce verification platform Ekata on Tuesday (Nov. 2) announced it has teamed with Singapore’s Advance.ai on a suite of B2B digital identity offerings and risk prevention solutions for customers in South and Southeast Asia, according to a Tech in Asia report. Through the partnership,...
Equifax has rolled out a new Digital Identity-as-a-Service capability, along with a new partnership with Bonifii as the first to adopt the tool, according to a press release. Equifax’s Digital Identity-as-a-Service puts together data and analytics with modern cryptography, enabling a higher degree of trust...
It’s time to ditch the plastic — that is, if you want to. Trulioo Senior Vice President of Identity Solutions Garient Evans told PYMNTS the great digital shift is creating a range of options for those of us who want to embrace digital identifiers —...
Eftpos has become the first private sector digital identity exchange to be accredited by Australia’s government under the Trusted Digital Identity Framework (TDIF), which will allow for use of the payment network in online transactions needing digital ID verification, NFCW reported. The Eftpos ConnectID solution...
With the headlines swirling about data breaches and the sensitive information that is being sold on the dark web, it may seem like the most basic level of identification — the Social Security number — is simply a liability, something the fraudsters can find at...
France is partnering with French identity and security firm IDEMIA to make it easier for its citizens to prove their identity and complete online transactions using a smartphone, IDEMIA said in a press release on Wednesday (Sept. 8). Government agency Agence Nationale des Titres Sécurisés...
The push toward digital identities is so far a fragmented one, where seemingly app by app, digital identities are established, and at least in some respects are confined to certain use cases. But then again, familiarity breeds usage, and the more we wield digital proofs...
