PYMNTS-MonitorEdge-May-2024

digital ID

Digital IDs can be authenticated over digital channels, also known as digital certificates, that use a digital signature to bind together a public key with an identity. Digital Identity is information on an entity used by computer systems to represent an external agent. That agent may be a person, organization, application, or device. ISO/IEC 24760-1 defines identity as "set of attributes related to an entity".

Source: en.wikipedia.org

Tech-Enabled Platform Eases Web Reputation Management for EU Consumers and Businesses
Tech-Enabled Platform Eases Web Reputation Management for EU Consumers and Businesses
May 16, 2022  |  Digital Identity

In today’s digitized world it can take mere seconds for potential employers, suppliers and business partners to look you up online and gain access to...

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Public-Private Collaboration Crucial to Innovating Digital Identity
Public-Private Collaboration Crucial to Innovating Digital Identity
April 28, 2022  |  Security & Fraud

A few weeks ago, the Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) organized a Tech Sprint, inviting experts from the...

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Government-Issued Digital IDs Lay Foundation for Trust — Online and Offline
Government-Issued Digital IDs Lay Foundation for Trust — Online and Offline
January 19, 2022  |  Identity

More businesses than ever are using biometrics to make sure that people accessing services and making transactions are who they say they are. But as...

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CLEAR’s Expanding Points of Access May Point to Clearer Path for Digital IDs  
CLEAR’s Expanding Points of Access May Point to Clearer Path for Digital IDs  
December 16, 2021  |  Biometrics

In the bid to build closed-loop systems, there’s a bit of a catch-22: Both sides have to agree to interact, and both sides — the...

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Incode Moves to Unicorn Status with $220M in Series B Funding
Incode Moves to Unicorn Status with $220M in Series B Funding
December 07, 2021  |  Investments

Identity verification and authentication platform Incode has generated $220 million in its Series B funding round, pushing the company’s valuation to $1.25 billion and propelling...

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Jumio Acquiring 4Stop to Advance Identity Orchestration
Jumio Acquiring 4Stop to Advance Identity Orchestration
December 07, 2021  |  Partnerships / Acquisitions

Artificial intelligence (AI) identity verification startup Jumio is acquiring global KYC (know your customer) and fraud prevention firm 4Stop, its current strategic partner, for undisclosed...

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Lebanese Bank to Test Biometric Payment Cards
Lebanese Bank to Test Biometric Payment Cards
October 26, 2021  |  Biometrics

Credit Libanais, a Lebanese bank, will test a biometric payment card that will enable users to authorize contact-free payments by scanning their thumbprint, according to...

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Global Fraud Risks Reduced With Real Time, Cross Platform ID Verification
Global Fraud Risks Reduced With Real Time, Cross Platform ID Verification
October 13, 2021  |  Authentication

As firms move beyond domestic markets and capture new business and revenue streams in other countries, they’ve got to step up their efforts to ensure...

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Combating the ‘Bad Guys’ Through Sophisticated Digital Identity Verification
Combating the ‘Bad Guys’ Through Sophisticated Digital Identity Verification
October 01, 2021  |  Biometrics

Businesses around the world are going through a digital transformation to build more efficient digital channels. But in doing so, they are potentially exposing themselves...

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