Ghana launches the CitizenApp to provide digital ID and improve access to government services. The app integrates with the Ghana Card for identity verification and facilitates various public services, reducing waiting times and costs for users. This initiative demonstrates the government’s ongoing efforts to enhance digital transformation and service delivery. Ghana’s Vice President Mahamudu Bawumia…
Corsight AI is enhancing AI explainability in facial recognition by showing how its technology analyzes facial features. This initiative aims to build trust and comply with regulations. Corsight has also been certified under the ISO 42001 standard, while addressing international client needs regarding privacy and safety. The company is expanding in various regions, focusing on…
The voice biometrics market, valued at USD 1.85 billion in 2023, is projected to reach USD 15.69 billion by 2032, growing at a CAGR of 27.1%. This growth is fueled by the rising demand for secure authentication in various sectors, particularly BFSI. However, challenges such as high costs and emerging fraud techniques like deepfakes threaten…
Key State Capital has launched a comprehensive database of decentralized identity projects, revealing that nearly 60% of countries developing digital IDs are also focusing on decentralized options. The move aims to provide greater control over personal data for citizens globally. Despite challenges like limited interoperability and short-lived pilot programs, the market for decentralized IDs is…
The biometric payment market is projected to grow from $9.89 billion in 2024 to $45.99 billion by 2035, at a CAGR of 18.12%. This technology uses physical and behavioral traits for secure transactions, gaining popularity due to smartphone use and the need for enhanced security amid increasing cyber threats. The global biometric payment market, valued…
The Bank of Ghana has prohibited photocopying of Ghana Cards for banking and mandated biometric verification instead. This move enhances security, reduces fraud risks, and aligns with national regulations. A recent stakeholder event emphasized the need for collaboration on secure identity management, with key attendees advocating for biometrics to be the standard for transactions. The…
AI agents are transforming the digital identity landscape, attracting companies like OpenAI and Nvidia. They present significant challenges in identity and payment systems, highlighting the need for revamped infrastructure. Strong identification protocols are essential for user trust and security as organizations integrate AI agents into workflows. These advancements can enhance digital wallet capabilities by providing…
Accu-Time Systems has launched the stride80 time clock using Only|You Palm vein scan technology for employee tracking. This method provides improved authentication by scanning unique palm vein patterns, eliminating traditional timekeeping methods. The technology is gaining popularity for its speed, security, and diverse applications, bolstered by support from leading companies in the payment sector. Accu-Time…
The Identity and Payments Summit highlighted the merging of identity and payment systems, focusing on digital wallets and mobile driver’s licenses (mDLs). With 59% wallet usage among consumers, the trend shows a blurring of lines between payments and digital ID. Interoperability remains a concern, particularly for mDLs. Insights on biometrics suggest they play a crucial…
The Philippines faces a 36 million backlog in national ID cards due to a contract issue with AllCard Inc. The PSA has issued 55 million cards and is working to enhance integration with government services. Efforts to promote the national ID in financial sectors are underway, while a new ID system for persons with disabilities…
