Tag: authentication
Digital identity RegTech Yoti’s strategic £20m funding boost
Yoti, a prominent digital identity company based in the UK, has successfully raised £20m, further cementing its position in the FinTech sector.
SpyCloud secures $110m funding to bolster identity threat protection tech
SpyCloud, described as "the leader in operationalising identity analytics to automate the protection of digital identities", has successfully closed a significant growth round. The Austin-based company managed to secure a whopping $110m.
Allthenticate closes $3m seed for mission to destroy passwords
Allthenticate, a unified authentication and access control startup, has bagged $3m in seed funding as it hopes to rid the world of passwords.
Passwordless authentication service 1Kosmos bags strategic investment
Passwordless authentication service 1Kosmos has received a strategic investment from Gula Tech Adventures.
IDmission partners with TendedBar to authenticate automated bar users
Identity proofing and AI technology developer IDmission has teamed up with TendedBar, an automated bar.
VerifyMe acquires PeriShip in $10m deal
VerifyMe, which offers authentication and supply chain monitoring, has acquired the assets of PeriShip, a business that offers end-to-end logistics management.
Banking leaders fear strength of identity authentication
Over three-quarters of banking and FinTech executives are concerned about strength of current identity authentication methods, according to a study from authID.ai.
Single-factor authentication is a bad cybersecurity practice, CISA warns
The Cybersecurity and Infrastructure Security Agency (CISA) has added single-factor authentication (SFA) to its list of bad cybersecurity practices that it advises against.
Authentication platform LoginID scores $6m in its seed round
Authentication provider LoginID has closed its seed round on $6m as it looks to accelerate the adoption of passwordless services.
How can financial institutions strengthen their banking authentication processes?
A recent OneSpan webinar examined how financial institutions can get to grips with bolstering their digital banking authentication processes and secure buy-in.