Digital Identity

Digital Identity
Ditching Passwords Could Unlock a $59 Billion Biometrics Market
November 03, 2022

Consumers prefer a user experience that is both convenient and secure, even though 68% said they would choose security over convenience. A consistent authentication experience across multiple platforms also creates trust. As businesses look to create more secure and convenient authentication experiences, advanced identity authentication...

Digital Identity
Consumer ‘Education’ and ISO Standards Will Drive Digital ID Adoption
November 01, 2022

A quick glance at any online discussion board reveals the challenges confronting digital identity, and why we’re so wedded to the plastic driver’s licenses in our wallets. “People say, ‘I don’t like Big Tech getting involved in this at all,’” Tom Donovan, principal solution consultant at...

Digital Identity
Prove Moves Beyond Passwords With New Authentication Tool
October 24, 2022

Digital identity company Prove has launched Prove Auth, a passwordless login and omnichannel authentication tool. According to a Monday (Oct. 24) news release, Prove Auth lets companies reduce their reliance on passwords and one-time passcodes, letting customers authenticate across phones, desktops, and call centers. “Multi-factor...

Digital Identity
OneSpan, BankID Extend Digital Identity Service to All Norwegian Banks
September 07, 2022

Digital agreements security company OneSpan and electronic identity company BankID have expanded their partnership to extend digital identity protection covering cross-border transactions to all Norwegian banks. The partnership will bring together an array of digital identity solutions at BankID, which is an electronic ID for...

Digital Identity
Cashfree Payments Intros Real-Time Tax ID Verification Tool
July 28, 2022

Payments and API banking solutions startup Cashfree Payments is introducing a tool businesses in India can use for the real-time verification of vendors’ and partners’ Goods and Services Tax Identification Number (GSTIN). GSTIN verification is offered as part of Cashfree Payments Verification Suite that includes...

Digital Identity
India to Use WhatsApp to Access Digital ID Documents
May 24, 2022

India’s government has said its citizens will be able to access various official documents through the popular messaging app WhatsApp, a report said Tuesday (May 24). This will come with the integration with the country’s Digilocker digital documentation initiative into WhatsApp. With more than 487...

Digital Identity
Tech-Enabled Platform Eases Web Reputation Management for EU Consumers and Businesses
May 16, 2022

In today’s digitized world it can take mere seconds for potential employers, suppliers and business partners to look you up online and gain access to a plethora of information, data and images on past moments and events that one would rather prefer completely erased from...

Digital Identity
Mastercard, Microsoft Debut Next-Gen ID Tech for Safer Online Shopping
April 25, 2022

Mastercard and Microsoft Corp. have launched a refreshed identity solution designed to improve online shopping and detect digital fraud, the companies announced Monday (April 25). Delivering a frictionless shopping experience is crucial as the eCommerce sector seeks to convert window shopping and price comparison visits...

Digital Identity
Tools Like Digital ID and Oracles Bring KYC Controls to DeFi
March 24, 2022

Even without the urgency of cryptocurrency-enabled Russian sanctions violations, bringing know your customer (KYC) identity verification to decentralized finance (DeFi) was always a matter of “when,” not “if.” And now the conversation is turning to “how.” Privacy-focused DeFi cryptocurrency exchanges and other projects have long...