The National Identification Authority (NIA) of Ghana aims to upgrade the Ghana Card to support multiple functions like mobile payments, banking services, and identity verification. Acting CEO Yayra Koku outlined plans to enhance service delivery and financial inclusion while stressing the importance of biometric verification to combat identity theft. With over 17 million cards issued,…
The ETSI’s revision of the TS 119 431 standard in December 2024 allows for remote signing with only user identification when using one-time certificates, eliminating the need for OTPs. This change enhances accessibility and simplifies the signing process without compromising security. Several regulations and standards, such as eIDAS1 and eIDAS2, support these enhancements for digital…
The live events industry is increasingly utilizing biometric technology for ticketing and sales operations, including examples from venues in the U.S. and Latin America. Key players such as Wicket, Veridas, and Clear are leading these innovations, which aim to enhance attendee experience while addressing privacy concerns. Similar biometric applications are emerging in finance, suggesting a…
Facial recognition technology is rapidly growing in South Korea, enhancing security and convenience in various sectors. Despite challenges like privacy concerns and integration costs, companies are pushing forward. Major players like Viva Republica and KakaoBank are expanding their services, anticipating increased adoption for payment solutions driven by positive user experiences. South Korea is witnessing a…
IATA demonstrates a proof-of-concept for fully digital air travel using biometric identification and digital wallets. The trial between Hong Kong and Tokyo showcased the elimination of physical documents, enhancing security, efficiency, and personalization. Challenges such as interoperability and data privacy must be addressed as the industry moves towards this seamless travel experience, which promises significant…
Global spending on digital identity verification is expected to grow by 74% to over $26 billion by 2029, primarily due to advancements in behavioral biometrics and blockchain technology. These innovations enhance fraud detection and ensure better user control over data privacy. Regulatory changes in the EU will also shape market practices significantly. A recent study…
The article discusses the integration of biometrics with payment systems, with Mastercard replacing credit card numbers with biometrics and tokenization. Digital wallets are merging identity and payment functionalities, while Visa advocates for passkeys as a security measure. Global responses range from concerns over AI in government to the expansion of Aadhaar in India, signaling a…
The Prism Project’s Flagship Report predicts over $315 billion in global biometric digital identity revenue by 2028, driven by 250+ evaluated industry players. Biometrics play a crucial role in combating fraud, enhancing user experiences, and streamlining operations. The report emphasizes the need for advanced identity solutions amid growing digital threats. The Prism Project’s recent Flagship…
Smile ID has updated its selfie biometrics software with advanced liveness detection technology that passed the Fime Level 2 PAD assessment. The Enhanced SmartSelfie software uses dynamic liveness challenges to prevent fraud and is optimized for low-bandwidth conditions in the African market. This technology is crucial for combating escalating fraud in the region’s banking sector,…
Daon joins the AWS ISV Accelerate program to enhance its identity verification and biometric solutions. The collaboration will enable Daon to expand its market reach and provide innovative products through the AWS marketplace. The company also launched the TrustX cloud biometrics platform in 2023 and secured a patent for deepfake detection technology. Daon has joined…
