IDEMIA Public Security North America and My Family ID have partnered to help families capture a photo, fingerprints and other identification information for their children for use in case a child or other family member ever goes missing. This collaboration brings together the My Family...
ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with a selfie from any device in less than two seconds. “Identity verification isn’t a one-time event. As consumers interact...
Credit union service organization Velera has introduced an identity security/authentication tool. IDCheck by Co-op, announced Thursday (Aug. 1), is available to members of the Co-op Shared Branch network, which lets credit union members conduct transactions at partner credit unions throughout the country. “With the increase...
Biometrics firm IDEMIA has teamed with Samsung to bring mobile IDs to Iowa. The collaboration, announced in a news release Monday (July 22), allows Iowa residents to store their mobile ID in their Samsung Wallet. Residents can now use the mobile ID to confirm their...
Prove has introduced tools to help customers integrate its identity verification technology into their operations. The company on Tuesday (July 16) announced its developer self-service platform along with an identity solution known as Prove Link SDK. “As businesses exhaust huge amounts of resources to fight...
The U.S. State Department recently announced it is beta testing a public-facing program that enables would-be travelers to renew passports online. As of this week, people who want to renew their passports digitally can do so online. However, because the program is in trial mode,...
Compliance firm Fintracking has debuted a “pay-as-you-go” platform for ID verification. “The new platform provides a flexible and efficient way for businesses to securely verify identities and transactions, ensuring compliance and fraud prevention,” the Toronto-based company said in a news release Thursday (June 6). Included...
Embedded banking software firm Treasury Prime has teamed with fraud, identity and security platform Footprint. The partnership, announced Tuesday (May 28), gives banks and their FinTech clients access to Footprint’s know your customer (KYC) and know your business (KYB) technology. “Banks increasingly recognize that a...
Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a double-edged sword. While necessary for security, it can also create friction in customer experiences. But as identity fraud continues to...
