Tag: Digital Identity

Smile Identity, a provider of identity verification in Africa, has acquired the parent company of Appruve, which helps firms use financial and identity data for detect fraud.

Secure digital identity network ID.me has raised $132m in its Series D funding round and appointed Samantha Greenberg as its new chief financial officer.

Digital identity and fraud solution developer Socure has collected $95m in a three-year credit facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets.

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. 

Digital ID verification platform OCR Labs Global has hired Joshua Read as its new COO, as part of its international expansion efforts.Read joined OCR...

As companies explore improvements to digital identity in the UK, financial services firms are exploring the benefits of bank assured identity, according to a report from OneID.

In an age where more people are adopting a digital identity, the need to manage and contain risk is becoming more key than ever.

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

Open banking firm Ecospend has partnered with digital identity network Yoti to integrate both services together.

Revenue for digital identity marketplace vendors is expected to exceed $53bn by 2026, doubling from the $26bn value in 2021, research from Juniper Research claims.