Identification/Background checks

Online payment company PayMongo has reportedly raised $12m in its Series A round, which was led by payments monolith Stripe.

Brazil-based digital identity business Acesso Digital has closed a $108m investment, which is one of the largest of its type in the region.

Spain-based buguroo has launched its behavioural biometric 3D secure solution in the hopes of combatting card not present fraud.

Identity verification platform Acuant has formed a partnership with API-enabled B2B financial infrastructure developer Prime Trust.

InfoCert, which claims to the biggest European Certification Authority, has acquired 16.7% of Germany-based digital identity platform Authada.

Document protection and anti-fraud company Trax Print has formed a partnership with Zoono to build a dynamic sanitisation certificate.

Second-Factor Authentication (2FA) has been implemented across Europe under the PSD2 regulation and is helping protect consumers with online fraud. In a new case study, Electronic IDentification has explored the technology.

Singaporeans can now access online digital government servicesusing facial verification implemented by iProov and and Toppan Ecquaria.

Alloy, an identity operating system for the financial services space, has closed its Series B round on $40m.

Identity verification company IDnow has welcomed that Germany's 16 states have agreed to a transition period incorporating new gambling laws in October.