InverID has announced that its identity verification product, ReadID, now complies with the ETSI 119 461 standard for remote identity proofing. This certification enables it to serve within the European Digital Identity wallet under eIDAS2.0 regulations. InverID has enhanced its certification offerings with compliance to the ETSI 119 461 standard for its NFC-based identity verification…
Biometric authentication opportunities are expanding, particularly for government services and payments. J.P. Morgan is set to enhance its biometric payment offerings, contrasting with Zwipe’s struggles in the market. International developments in biometric policies suggest growing demand, although challenges remain in scaling and regulatory compliance. The biometrics sector is experiencing a surge in opportunity, particularly for…
Gartner has published its first Magic Quadrant for Identity Verification, classifying 11 companies into Leaders, Challengers, Visionaries, and Niche Players. Leaders include Sumsub, Socure, and Entrust for their robust IDV products. Visionaries such as Mitek and Au10tix bring innovative strategies. Persona is noted as a Challenger, while Niche Players consist of 1Kosmos, GB Group, and…
