Decentralized identity startup Humanity Protocol said it is now a $1 billion company. The firm announced the private valuation in a Wednesday (May 15) blog post as it revealed the completion of a $30 million seed round. The company said the funding will help it challenge Sam Altman’s Worldcoin and accelerate hiring and...
As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not. Case in point: As CEO Rodger Desai told Karen Webster in an interview, at Prove, there’s a running joke...
While digital identities incorporate various data points such as name, email and physical address, phone numbers are swiftly emerging as the predominant means of identification. Data from digital identity platform iconectiv underscores this trend, revealing that mobile phones serve as the primary identifier for roughly 3 billion...
You’ve likely heard of digital driver’s licenses, digital passports, and digital IDs. Now, digital birth certificates are emerging as the latest addition to the digital identity landscape, offering a glimpse into the future of identification and authentication. An ongoing pilot program in New South Wales (NSW) in Australia...
May 15, 2024
As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not. Case in point: As CEO Rodger Desai told Karen Webster in an interview, at Prove, there’s a running joke inside the firm in which he keeps score on how […]
April 09, 2024
When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate...
January 12, 2024
In the payments and financial landscape, staying still often means falling behind. And falling behind in today’s rapidly digitizing environment can be dangerous. That’s because traditional security systems are proving...
January 04, 2024
Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial inclusion for marginalized and unbanked...
May 15, 2024
Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity use cases, the companies said in a Tuesday (May 14) press release. “Across Africa, the challenges of currency liquidity and access to global financial systems […]
May 15, 2024
Decentralized identity startup Humanity Protocol said it is now a $1 billion company. The firm announced the private valuation in a Wednesday (May 15) blog post as it revealed the completion of a $30...
March 20, 2024
FinTech startup AutoSettle launched a platform to improve the vehicle-buying process in Australia. The platform is the world’s first virtual settlement exchange for cars and offers instant and secure transactions, according to a...
February 20, 2024
After a pilot program in Australia and New Zealand, Tinder will be expanding its identity verification feature to users in the United States, the United Kingdom, Brazil and Mexico. The...
