digital ID

Digital IDs can be authenticated over digital channels, also known as digital certificates, that use a digital signature to bind together a public key with an identity. Digital Identity is information on an entity used by computer systems to represent an external agent. That agent may be a person, organization, application, or device. ISO/IEC 24760-1 defines identity as "set of attributes related to an entity".

(source: en.wikipedia.org)

Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
February 03, 2023  |  Security & Fraud

 Not knowing who’s on the other side of the transaction is expensive.  As noted here last month, financial institutions (FIs) were fined nearly $5 billion for...

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Kenya Attempts to Breathe New Life Into Digital ID Scheme
Kenya Attempts to Breathe New Life Into Digital ID Scheme
January 30, 2023  |  emea

The Kenyan government is pushing for a nationwide digital ID scheme. But the years-long implementation so far has been beset with complications. The government’s attempts...

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Prove Names FIS Exec Nicole Jass as CPO and Twilio’s Scott Bonnell as CRO
Prove Names FIS Exec Nicole Jass as CPO and Twilio’s Scott Bonnell as CRO
November 08, 2022  |  Personnel

Digital identity company Prove Identity has added two new members to its executive team to meet what it says is a rising demand for identity...

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Putting One-Time Passwords Out to Pasture
Putting One-Time Passwords Out to Pasture
November 01, 2022  |  Security & Fraud

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked...

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Onfido Debuts Facial Biometric Tech That Verifies ID in Seconds
Onfido Debuts Facial Biometric Tech That Verifies ID in Seconds
September 21, 2022  |  Authentication

Next-generation facial biometric technology has the ability to speed up verification, detecting a real person in seconds. Global digital identity verification and authentication provider Onfido...

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Finland’s Findynet Paves Way for Pan-EU Interoperability
Finland’s Findynet Paves Way for Pan-EU Interoperability
September 12, 2022  |  Security & Fraud

The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the...

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New Mobile Wallet Features Drive Uptake, Evolution Beyond Payments
New Mobile Wallet Features Drive Uptake, Evolution Beyond Payments
September 01, 2022  |  Payment Methods

There hasn’t been any statement by the makers of physical wallets on the digital shift, but mobile wallet proponents see a time fast approaching where...

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Cashfree Payments Intros Real-Time Tax ID Verification Tool
Cashfree Payments Intros Real-Time Tax ID Verification Tool
July 28, 2022  |  Digital Identity

Payments and API banking solutions startup Cashfree Payments is introducing a tool businesses in India can use for the real-time verification of vendors’ and partners’...

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Blockchain in Action: Creating a Private, Unhackable and Trusted Digital Identity
Blockchain in Action: Creating a Private, Unhackable and Trusted Digital Identity
May 31, 2022  |  Blockchain

Most people at least know that blockchain is the technology that bitcoin and other cryptocurrencies are built on, but a digital ledger that timestamps and...

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