Identification/Background checks

Last week, the US Supreme Court overturned Roe v Wade, ending 50 years of the ability for women to get an abortion as a constitutional right. This is now leading to increased calls for increased online privacy, claims Cyberscoop.

ComplyAdvantage has released ComplyTry, a new tool that lets anyone verify prospective customers by leveraging live sanctions, politically exposed people (PEPs) and adverse media data.

As companies move more operations online, the need for digital signatures will only increase. Many people have signed contracts or legal documents digitally. While they seem like simple tools, these solutions need to ensure the signatory is really who they claim to be.

Identity management platform ZITADEL has collected $2.5m in its seed funding round, which was led by Nexus Venture Partners.

The use of biometrics is everywhere. From buying a coffee to opening a bank account, there are more ways than ever to encounter the technology.

Passwordless authentication service 1Kosmos has received a strategic investment from Gula Tech Adventures.

Mobile identity platform Incognia has scored $15.5m in its Series A funding round, which was led by Point72 Ventures.

At a time of heightened customer expectations, financial institutions are facing intensifying pressure to make data collection for KYC as smooth and painless as possible.

The Information Commissioner’s Office (ICO) has fined ClearView AI over £7.5m for using images of people collected from the web and social media to create a facial recognition database.

ComplyAdvantage has released the Anti-Money Laundering Guide for Crypto Firms to help firms better understand the risks.