The Kenyan government is pushing for a nationwide digital ID scheme. But the years-long implementation so far has been beset with complications. The government’s attempts to create a nationwide ID scheme go back years, following close to two decades of consolidating data from different population...
With a single fake identity, bad actors can wreak havoc by going from bank to bank and exploiting it for all they can get. In the “Digital Identity Tracker®," Lisa Zeimetz of First National Bank and Trust explains why information sharing among banks and employing...
Increasing online fraud threatens businesses and consumers, and both are aware of the growing problem. Fraudsters use leaked credentials in 95% of credential-stuffing attacks on retail websites. Automated threats are responsible for 62% of security incidents in eCommerce, with 64% of automated account takeover (ATO)...
The pandemic prompted a quick, widespread digital transformation in the healthcare space, characterized by virtual care becoming the norm for routine medical appointments. A recent survey found that 56% of hospital and health system leaders plan to increase telemedicine investments over the next two years, suggesting that the sector’s decision-makers...
December 10, 2021
Quickly and easily identifying consumers online is critical for any entity conducting business on virtual channels, especially financial institutions (FIs), government entities and merchants. Determining the identities of their users with the necessary speed and security is becoming more and more difficult in a world where digital fraud is an increasing concern. This concern has […]
November 22, 2021
Digital identity solutions have become increasingly widespread in recent years as alternatives or supplements to old-fashioned authentication methods like passwords. Businesses of all types are rapidly implementing digital authentication solutions...
February 12, 2021
From the name of the business to the core use case, San Francisco-based startup Fast knows what it wants to do and does it quickly. “The goal at Fast is...
June 24, 2020
As the world must go increasingly digital — perhaps permanently — people who had resisted the great shift to eCommerce have had to make the leap. Ready or not. Those...
September 10, 2021
U.K-based users of the Post Office’s EasyID identity-verification app will be able to buy cryptocurrencies such as bitcoin using a voucher system from Swarm Markets, a cryptocurrency exchange claiming to be the world’s first regulated decentralized finance (DeFi) protocol. Starting next week, the vouchers purchased can be redeemed for bitcoin or ethereum on Swarm’s platform, […]
May 22, 2019
Wirecard, the global digital financial technology company, announced on Wednesday (May 22) that it has partnered with India’s government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) to facilitate the issuing...
