Digital Identity Verification Spend to Exceed $16.7 Billion Globally in 2026, Fuelled by Remote Onboarding
- 4 years 1 month ago
- Digital Identity
A new study from Juniper Research has found spending on digital identity verification by businesses will reach $16.7 billion in 2026, from $9.4 billion in 2021.
Monese Partners With Veriff To Provide Secure Digital Banking for European Consumers
- 4 years 1 month ago
- Digital Identity, Banking, Security
Monese, a European mobile money app, and Veriff, a global identity verification provider are partnering to provide enhanced and secure digital banking services for consumers across Europe. With this partnership, Veriff is adding an extra layer of safety and security to the mobile money app.
FinGo Partner With Mastercard to Expand Vein ID Payments Globally
- 4 years 1 month ago
- Digital Identity, Payments, Authentication Technology
FinGo, the fintech behind the world’s first biometric identity authentication and payments platform, has entered a strategic partnership with Mastercard. The new agreement will significantly expand the company’s global reach, opening up access to a global network of acquirers and millions of merchants worldwide.
FICO Survey: Banks’ Identity Checks Have Pushed One in Four Brits to a Competitor
- 4 years 1 month ago
- Digital Identity, Data
Highlights:
NatWest in Court for Money Laundering Failures Suggests Aggressive Approach From FCA
- 4 years 2 months ago
- Digital Identity
Ahead of NatWest becoming the first bank to appear in court over money-laundering breaches, John Dobson, CEO at anti-money laundering experts, SmartSearch, comments: “To have a bank the size of NatWest facing criminal proceedings in a British court is unprecedented and suggests a much more aggressive approach by the FCA in dealing with those who fail to properly prevent fraud.
SmartSearch Urges Agents to ‘Ditch Documents’ to be Compliant
- 4 years 2 months ago
- Digital Identity, Platform Technology, Risk Management
Leading anti-money laundering specialist SmartSearch has warned property agents are in serious danger of non-compliance with new regulations, unless they ditch documents and embrace a digital solution. As the June 10 deadline approaches for estate and lettings agents to register with HMRC to ensure compliance, there are concerns that some agents are not yet prepared for the extra regulatory responsibility, and that relying on outdated methods of... more
Comviva Partners with Accura Scan for Digital KYC and Identity Verification Solution
- 4 years 2 months ago
- Digital Identity, Core Banking, AML and KYC
Comviva, one of the global leaders in providing digital financial solutions, today announced that it has partnered with Accura Scan, one of the world’s leading and most advanced digital KYC (Know Your Customers) and identity verification service provider.
IDnow Introduces NFC Based Verification for Digital IDs
- 4 years 2 months ago
- Digital Identity, PaaS
IDnow, a German-based leader in platform-as-a-service identity verification, today announced the implementation of NFC reading capability into IDnow AutoIdent. This will offer users an even smoother and quicker verification process.
Fintech Spoko.app and Sumsub Provide Money Transfers with Liveness Technology
- 4 years 2 months ago
- Digital Identity, Money Transfers
Instant money transfers company, fintech Spoko.app, announced their partnership with Sumsub, an ID verification company with bank-grade security. Through this partnership, Spoko.app will fortify fraud protection and reduce user verification time down to one minute - all in efforts to support the 1,7 billion adults worldwide with no access to bank accounts.
Over Three-quarters (77%) of Global Consumers Have Taken Steps to Reduce Their Digital footprint for fear that they are losing control of their Privacy
- 4 years 2 months ago
- Digital Identity, Security, Data
Consumers across the globe are expressing a heightened sense of fear over their online privacy and personal data. With nearly half of global consumers (48%) admitting they have lost control over how much data is stored about them and 49% feeling that COVID-19 restrictions forced them into expanding their digital footprints, a new wave of concerns are coming to the fore. 56% have expressed worries over losing track of their digital selves... more
PwC’s Scale | InsurTech Programme Alumni, Artesian Solutions, Announces Strong Year End Finish with 59% Revenue Growth in the Insurance Sector
- 4 years 2 months ago
- Digital Identity, Insurtech, Risk Management
Artesian Solutions, a PwC Scale | InsurTech Programme alumni has today announced revenue growth of 59% in the insurance sector. Artesian also credits the InsurTech scale-up programme, which provided a valuable coaching framework to help it expand and grow, as playing a part in this success.
Smart Engines Became One of the 14 Companies to Recover the Tourism Industry in Portugal in the Post-COVID-19 Era
- 4 years 2 months ago
- Artificial Intelligence, Covid-19, Digital Identity
Smart Engines, a science-driven company, is participating in an international program The Journey PT 2021 for speeding up the restart of the Portuguese tourism industry after the pandemic. The main goal of The Journey is to help solve business challenges using global innovative solutions, especially for tourism. Turismo de Portugal is featured as the main partner of the program. The Journey is organized by collaborative innovation consultancy... more
Onfido Reaches new Heights with Company’s Best Quarterly Revenue Earnings to Date
- 4 years 2 months ago
- Artificial Intelligence, Digital Identity
Onfido, the global identity verification, and authentication provider, today announced its best sales quarter in the company’s nine-year history, with revenue increasing 93% year-over-year. This strong momentum was attributed to another solid quarter in the United States (U.S.) and Central European markets, where revenues increased over 200% y-o-y in each region.
