Identification/Background checks

Digital-identity-apps-to-nearly-double-in-four-years

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 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

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

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 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

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 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 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 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.
PassFort-future-open-banking-regtech

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.

News Stories

In 1974, a landmark moment in retail occurred when Wrigley’s gum was scanned at an Ohio supermarket, introducing barcodes as a cornerstone of modern commerce. Since then, barcodes have evolved into indispensable tools, driving both customer satisfaction and operational efficiency. As retail ventures further into the future, emerging technologies like augmented reality (AR) are converging with traditional barcode systems, heralding a transformative era in consumer interaction and inventory management. Scanbot SDK delves into the evolution of barcode scanners. 

Inside the evolution of barcode scanners

In 1974, a landmark moment in retail occurred when Wrigley’s gum was scanned at an Ohio supermarket, introducing barcodes as a cornerstone of modern commerce. Since then, barcodes have evolved into indispensable tools, driving both customer satisfaction and operational efficiency. As retail ventures further into the future, emerging technologies like augmented reality (AR) are converging with traditional barcode systems, heralding a transformative era in consumer interaction and inventory management. Scanbot SDK delves into the evolution of barcode scanners. 
Go Digit General Insurance, a leading InsurTech unicorn backed by major investors,  has launched its initial public offering (IPO) to raise funds for strengthening its solvency ratio and capital reserves.

InsurTech unicorn Go Digit General Insurance to launch IPO to raise funds

Go Digit General Insurance, a leading InsurTech unicorn backed by major investors,  has launched its initial public offering (IPO) to raise funds for strengthening its solvency ratio and capital reserves.
Mercury Insurance has partnered with Tokio Marine America (TMA) have partnered to ease the transition of customers from TMA and its subsidiary, Trans Pacific Insurance Company (TPIC), customers to Mercury Insurance. 

Mercury Insurance and Tokio Marine America collaborate to transition customers amid market shift

Mercury Insurance has partnered with Tokio Marine America (TMA) have partnered to ease the transition of customers from TMA and its subsidiary, Trans Pacific Insurance Company (TPIC), customers to Mercury Insurance. 
United Fintech, a leading Digital Transformation platform, is expanding its global reach with the inauguration of a new office situated within the Dubai International Financial Centre (DIFC).

United Fintech expands global reach with new office in Dubai

United Fintech, a leading Digital Transformation platform, is expanding its global reach with the inauguration of a new office situated within the Dubai International Financial Centre (DIFC).
Fintica AI Ltd, a leading provider of next-generation AI for the financial industry, and Spark Systems Pte. Ltd have announced a strategic partnership.

Fintica AI and Spark Systems to transform Singapore’s finance sector through new partnership

Fintica AI Ltd, a leading provider of next-generation AI for the financial industry, and Spark Systems Pte. Ltd have announced a strategic partnership.

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