digital identity

A 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

MoneyLion Acquired by Gen Digital to Create Financial Security Ecosystem
MoneyLion Acquired by Gen Digital to Create Financial Security Ecosystem
December 10, 2024  |  Acquisitions

Gen Digital plans to add financial wellness tools to its offerings by acquiring MoneyLion. The company entered into a definitive agreement to make the acquisition,...

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EC Adopts Technical Standards for EU Digital Identity Wallets
EC Adopts Technical Standards for EU Digital Identity Wallets
November 29, 2024  |  Digital Identity

The European Commission (EC) has adopted technical standards for cross-border European Digital Identity (eID) Wallets in the European Union (EU), saying this will help member states...

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ID.me Valued at $1.8 Billion Following Tender Offer
ID.me Valued at $1.8 Billion Following Tender Offer
November 25, 2024  |  Identity

ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a...

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FinCEN Warns US Banks About AI Deepfake Frauds
FinCEN Warns US Banks About AI Deepfake Frauds
November 13, 2024  |  News

Law enforcement is warning U.S. banks about the danger of AI-powered identity fraud schemes. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert...

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J.P. Morgan: Digital Identities Key to Scaling Financial Blockchains
J.P. Morgan: Digital Identities Key to Scaling Financial Blockchains
November 08, 2024  |  Blockchain

What can blockchain technology do for financial services in a friendly regulatory environment? With a new president coming in 2025, the ecosystem is about to...

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MLB Hopes Facial Recognition Program Scores With Fans
MLB Hopes Facial Recognition Program Scores With Fans
October 01, 2024  |  Biometrics

As the Major League Baseball (MLB) postseason kicks off this week, the league hopes to expand its facial recognition entry program known as Go-Ahead Entry....

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Account Verification Is the Only Way to Build Trust in Pay-by-Bank World
Account Verification Is the Only Way to Build Trust in Pay-by-Bank World
October 01, 2024  |  Authentication

The promise of open banking is to foster a range of new products and services as banks link with FinTechs to use customer-permissioned data to...

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What Payments Professionals Should Know About Biometric B2B Payments
What Payments Professionals Should Know About Biometric B2B Payments
September 16, 2024  |  Biometrics

There are over 8 billion people alive on earth, and their growing expectations around frictionless and secure digital experiences are continually transforming payments and commerce....

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Brazil Leads Mobile-First Economies Embracing Digital Verification
Brazil Leads Mobile-First Economies Embracing Digital Verification
September 16, 2024  |  Digital Identity

Emerging markets like Brazil and India are no longer just emerging. When it comes to advances like the digitization of financial services, these countries are...

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