Taiwan has unveiled a digital ID wallet prototype, aiming for a nationwide rollout by year-end. MODA’s initiative focuses on citizen data control and streamlining access to public services. Concurrently, Thailand is progressing its digital wallet scheme under economic relief efforts, though it faces criticism regarding its effectiveness. Taiwan’s government recently introduced a prototype for its…
Trustly has launched Trustly ID, a biometric technology enhancing payment experience by ensuring faster and more secure identity verification through bank authentication. It is designed to simplify transactions and is expected to significantly benefit the gaming industry. The pilot phase will begin in April 2025 in Finland, followed by expansions to other markets. Trustly, a…
The decentralized identity sector is thriving with the emergence of platforms like LQDTY and IDNTTY, innovating in biometric verification and self-sovereign identity. World continues to enhance its ecosystem with Mini Apps updates, while Humanity Protocol partners with Kaito to improve identity verification across crypto. The industry is rapidly evolving as firms aim to build scalable…
Socure advocates for advanced biometric identity verification to combat rising ID fraud, especially in state pension programs. Its SocureGov platform secured FedRAMP”Moderate” authorization, allowing enhanced security for federal agencies. The firm suggests reforms in identity verification methods within government operations, including adopting performance metrics and innovative technologies. Socure’s efforts focus on improving security for retirees…
The UK has launched a Digital Inclusion Action Plan to improve digital service access, addressing the needs of 25% of the population with low digital skills. Key initiatives include partnerships for identity proofing, a Digital Inclusion Innovation Fund, and compliance standards for accessibility. The plan also acknowledges user preferences for government or private digital IDs…
The article discusses the evolution of digital identity in financial services, noting the importance of continuous innovation to enhance security amid rising fraud and regulatory complexities. It highlights the establishment of digital identity frameworks across jurisdictions, compliance with data privacy regulations, and the role of open banking in transforming financial interactions. The ongoing development of…
Iris ID will demonstrate their innovative biometric identity solutions, including the IrisAccess iA1000 and IrisTime iT100, at ISC West 2025. These products feature advanced iris and facial recognition technologies and are designed for seamless integration into security and time management systems. Iris ID will be showcasing its cutting-edge contactless biometric identity authentication solutions at ISC…
MOSIP Connect 2025, co-hosted by MOSIP and the Philippine Statistics Authority from March 11-13, will spotlight digital identity’s role in government transformation. Following a successful first edition, the event will feature workshops, exhibitors, and initiatives to advance biometrics and identity solutions. The upcoming MOSIP Connect 2025 in Manila, Philippines, scheduled from March 11 to 13,…
The global boom in real-time payments is intensifying the demand for advanced identity verification tools. Key advancements include partnerships and integrations by companies like AuthenticID and Sift to enhance payment security. The expansion of biometric payment systems, particularly in Brazil, further illustrates the trend towards more secure digital transactions. Overall, these innovations aim to combat…
IOTA Identity has reached its Alpha release on the MoveVM blockchain, merging digital identity management with decentralized technology. The framework allows for self-sovereign identities and verifiable credentials while ensuring data privacy and integrity. By utilizing a directed acyclic graph for transaction processing, IOTA presents a cost-effective alternative to traditional blockchains. Despite challenges, IOTA’s innovative approach…
