Digital identity apps to nearly double in four years
The total number of digital identity apps in use will exceed 4.1 billion globally by 2027, nearly doubling from 2.3 billion in 2023.
accSenSe raises $5m seed to boost identity verification on Okta
accSenSe, which claims to be the first and only enterprise-ready business continuity platform for Okta, has raised $5m for its seed round.
Why CDD is crucial in banking and beyond
Electronic IDentification, which offers KYC and AML software, has released a report exploring the role of CDD in banking.
New identity protection startup Rezonate launches from stealth
Israel-based Rezonate is a new identity protection that has launched from stealth following the close of an $8.7m funding round.
Axiom is a new cybersecurity launching out of stealth
Axiom is a new cloud security solution that has launched out of stealth following the close of its seed round on $7m.
OCR Labs Global partners with fyio to make documents less stressful
Digital ID verification company OCR Labs Global will deploy its technology into fyio, a new app designed to navigate life and documents.
Sella Group launches biometric payment cards with IDEX
Sella Group, which is the holding company of Italian bank Banca Sella, has launched biometric payment cards through a deal with IDEX Biometrics.
Digital images and selfies no longer KYC/AML compliant
Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.
Digital ID verification developers OCR Labs Global, Synectics Solutions partner
Digital ID verification company OCR Labs Global has partnered with Synectics Solutions, the creator of the digital identity verification solution SynID.
What does the future of open banking hold?
Open banking has brought about a wave of FinTech innovation that delivers more transparency and personalised products to customers. Yet, RegTech firm PassFort said there are still hurdles to overcome.