Prove Identity, a smartphone-based identity verification startup, has secured $40 million and reached unicorn status with a valuation exceeding $1 billion. The company will use...
Biometric authentication, a technology that uses unique physical or behavioral traits for identity verification, has gained popularity in recent years. In fact, according to joint...
As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding...
Samsung has partnered with global identity technologies provider IDEMIA to bring mobile driver’s licenses and state IDs to Samsung Wallet. Arizona and Iowa will be...
Credit reporting agency Equifax and global identity verification firm Mitek Systems formed a partnership. Their alliance aims to combat evolving digital fraud threats and enhance Equifax’s...
Meta is expanding its verification program to businesses on its Facebook, Instagram and WhatsApp platforms. The program, first launched for creators earlier this year, is set to be tested in the...
Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, noted in an interview that banks’ customers (consumers and enterprises) are prime...
Fraud attacks against banks and credit unions (CUs) are nothing new, but consumers are taking them much more seriously than they used to. A study...