Wero, a mobile payment app by the European Payments Initiative, is expanding into Belgium. The app supports QR code and P2P payments, aiming to create a unified European payment solution. Following its launch in Germany and France, Wero plans to introduce additional functionalities and enhance e-commerce payments. Despite losing some banking partners, the platform boasts…
Remote onboarding platforms are using Sumsub and Signzy for biometric identity verification. Sumsub, collaborating with Telus Digital, provides a suite of identity verification technologies while reporting a notable increase in identity fraud concerns. Signzy partners with ONEngine.ai to streamline the onboarding process for remote workers, integrating advanced KYC and verification APIs to facilitate compliance and…
Trust Stamp has secured a patent for its “Interoperable Biometric Representation” framework, designed to improve privacy and security while addressing interoperability issues in biometric data. The framework converts biometric data into a universal format, enabling seamless integration across different vendor systems without compromising user privacy. This advancement aims to eliminate problems associated with vendor lock-in,…
NextgenID has successfully initiated the PresenceID Network at U.S. Post Offices, completing the first phase of its collaboration with USPS. This effort involves deploying identity proofing kiosks designed to meet high-security IAL3 standards, enabling local identity verification services nationwide. NextgenID aims to enhance access for governmental and commercial entities while expanding its biometric technology. NextgenID…
Biometrics are evolving within the digital identity landscape, with 2024 showing heightened demands in applications like age assurance. The EU’s biometric entry-exit system rollout faces delays, while trust frameworks gain traction globally. Mobile driver’s licenses and decentralized IDs make notable advancements. Significant acquisitions mark a transformative year for the biometrics industry as it prepares for…
Queensland’s mobile driver’s license app has exceeded 640,000 downloads since its late 2023 launch, marking a 15% adoption rate. As Australia’s first mDL compliant with ISO standards, it facilitates digital ID sharing in various jurisdictions. The app’s success is attributed to collaborative design, public engagement, and support across multiple sectors, with Thales ensuring robust security…
Fingerprint Cards AB and Anonybit have partnered to develop an advanced enterprise authentication system that utilizes privacy-centric biometrics. The collaboration aims to eliminate reliance on passwords, reduce data breaches, and enhance user convenience through passwordless login and continuous authentication measures. Expected to launch in 2025, this solution will bolster cybersecurity while improving operational efficiency in…
Digital ID initiatives are transforming Southeast Asia, with Indonesia leading the way through its Digital Population Identity program for over 200 million citizens. This effort aims to enhance access to services while addressing cybersecurity. Key to this transformation is the adoption of biometric technologies, which offer a secure method of identity verification across various industries….
Anonybit has launched its decentralized biometric identity platform within NayaOne’s Tech Marketplace, allowing financial institutions to conduct low-risk tests of the technology. This initiative aims to accelerate the adoption of innovative identity management solutions, thereby enhancing security and efficiency in financial transactions. Anonybit has integrated its decentralized biometric identity platform into NayaOne’s Tech Marketplace, allowing…
World has launched Android support for World ID Credentials in Malaysia, enhancing global accessibility. This comes after previous iOS support and aims to include passport holders globally. Concerns have arisen regarding illegal biometric trading, particularly in Argentina, as users are warned to protect their personal data amid growing synthetic identity fraud risks. World has announced…
