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

Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
July 24, 2023  |  Cryptocurrency

If a technology service is free, you are the product — not the customer. As OpenAI CEO Sam Altman officially launches his cryptocurrency project, Worldcoin,...

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When It Comes to Proving Their Identity, 40% of Consumers Say Make It Easy
When It Comes to Proving Their Identity, 40% of Consumers Say Make It Easy
July 19, 2023  |  Digital Identity

As fraudsters grow more sophisticated, so too must the fraud defenses of eCommerce sites and other operators who sail the shark-infested waters of digital commerce....

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Open Banking Can Help Banks Beat Fraudsters, GIACT Says
Open Banking Can Help Banks Beat Fraudsters, GIACT Says
July 19, 2023  |  Digital Identity

Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, recently told PYMNTS that open banking can — and will — give rise...

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Socure Acquires Berbix to Bulk Up ID Verification Toolbox
Socure Acquires Berbix to Bulk Up ID Verification Toolbox
June 27, 2023  |  Identity

Digital identity provider Socure has paid $70 million to buy document verification startup Berbix. The cash and stock transaction, announced Tuesday (June 27), allows Socure to integrate Berbix’s technology...

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How Banks and Merchants Make Payments Easy While Keeping Them Safe
How Banks and Merchants Make Payments Easy While Keeping Them Safe
June 16, 2023  |  Security & Fraud

Today’s new digital operating environment is ripe with opportunities for payment innovations. It is also rife with pitfalls due to the incumbent operators and the...

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Behavioral-Driven Fraud Is Having a Modern Day Renaissance
Behavioral-Driven Fraud Is Having a Modern Day Renaissance
June 09, 2023  |  Security & Fraud

Powered by technology like generative artificial intelligence (AI), behavioral-driven fraud is enjoying a modern renaissance. Whether through business email compromise (BEC) attacks or account takeover...

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Stytch Launches Authentication Solution for B2B Products and Applications
Stytch Launches Authentication Solution for B2B Products and Applications
May 23, 2023  |  B2B Payments

Stytch has added B2B authentication to its platform that already provides B2C authentication. This new offering enables businesses to add authentication to their B2B products...

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Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
April 26, 2023  |  Acquisitions

Smile Identity has acquired Appruve to expand its digital identity verification solution across Africa. In addition to buying Appruve’s parent company, Inclusive Innovations, Smile Identity is working to finalize...

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AI Helps Banks and Merchants Fill Digital Payments Risk Management Gap
AI Helps Banks and Merchants Fill Digital Payments Risk Management Gap
April 13, 2023  |  Artificial Intelligence

Digital commerce has a data problem. Jeff Hallenbeck, head of financial partnerships at Forter, told PYMNTS that “data droughts” exist between issuers, payment service providers...

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