SITA and NEC Corporation have partnered to advance digital identity verification in travel via the Digital Travel Ecosystem. This framework eases the integration of systems, promoting global trust in digital identities. With a significant push for biometric solutions in the industry, this partnership aims to streamline passenger processing and enhance travel experiences. SITA and NEC…
The article explores recent partnerships among companies specializing in KYC/AML identity verification. Notable collaborations include Sumsub with Papaya Global, Signzy with MagicPay, and Alloy with Flagstone UK, all aiming to enhance compliance and improve customer experiences through technological innovations. The biometric identity verification market for Know Your Customer (KYC) and Know Your Business (KYB) is…
Russia’s Unified Biometric System registered over 200,000 foreign citizens in 2025, requiring biometric data for SIM acquisition. The government is streamlining the process and intends to connect businesses with the UBS. Sberbank has installed 900,000 biometric payment terminals, signaling growing adoption. Concerns among businesses about costs persist, but system usage is rising significantly. In 2025,…
Keyless has achieved certifications from eIDAS for identity proofing services, confirming compliance with EU standards. This includes ETSI TS 119 461 and ETSI EN 319 401 guidelines. Other companies like iiDENTIFii and Identomat have also earned significant data security certifications, highlighting the industry’s commitment to enhancing security protocols. Keyless has received certification for identity proofing…
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…
